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Colloquial use not enough to save Macquarie’s ‘Macbank’ trade mark
Intellectual Property 2025-03-05 11:12 pm By Andy Sidler

A delegate has ordered the removal of Macquarie’s ‘Macbank’ trade mark, finding no evidence of use in the course of trade despite the moniker being widely used to refer to the bank colloquially.

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Shaw and Partners wins suit over fees for $20M capital raising
Financial Services 2025-03-04 11:37 pm By Andy Sidler

Corporate advisory firm Shaw and Partners is entitled to its full fees for working on a $20.5 million capital raising with ASX-listed tech company NetLinkz, a court has found.

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ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
ASIC 2025-02-27 11:14 pm By Andy Sidler

After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.

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Court rejects NAB super trustee’s bid for first-ever class action indemnity costs
Class Actions 2025-02-26 4:38 pm By Cindy Cameronne

A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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Judge disqualifies himself from hearing Greensill cases
Insurance 2025-02-20 11:01 pm By Cindy Cameronne

A newly appointed judge has disqualified himself from hearing a group of cases over Greensill’s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute. 

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Salter Brothers defeats clients’ suits over ‘misleading’ visa investment fund
Financial Services 2025-02-19 3:20 pm By Cindy Cameronne

A judge has dismissed lawsuits brought by three former Salter Brothers clients alleging they were misled about an investment fund marketed as part of a visa program to migrate to Australia.

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Norton Rose nabs former APRA general counsel
Business of Law 2025-02-18 4:59 pm By Julia Kanapathippillai

The former chief general counsel for the Australian Prudential Regulation Authority has joined Norton Rose Fulbright as a financial services partner.

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NAB resolves discrimination suit alleging ‘boys club culture’
Financial Services 2025-02-17 3:55 pm By Cat Fredenburgh

NAB has settled a suit by a former exec who alleged she was discriminated against and bullied, including having a baseball bat brandished at her.

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Judge who acted in ‘hot contest’ shouldn’t hear Greensill case, court told
Restructuring & Insolvency 2025-02-14 11:00 pm By Cindy Cameronne

Greensill has a “clear case” for recusal of a judge poised to hear cases over its $1.7 billion collapse, who previously acted as senior counsel for insurer Marsh in a satellite dispute.

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