Most Recent
Fintech Flexigroup has appealed rival Zip Co's successful opposition to its 'No Interest Ever!' trade mark, which an IP Australia delegate found was a laudatory phrase incapable of distinguishing the goods of a single trader.
Over-the-counter derivative issuers AGM Markets, OT Markets and Oxifin Tech have been ordered to pay a total of $75 million in penalties after a ruling that they engaged in unconscionable conduct causing losses of over $30 million to unsophisticated investors seeking what a judge called "financial heroin hits".
The judge overseeing a class action against Westpac over superannuation fees has criticised costly discovery processes that produce a "tsunami of material", most of which is never used at trial.
Financial crimes regulator AUSTRAC will not take legal action against Afterpay over its compliance with anti-money laundering laws, following an external auditor's report that found the buy now, pay later provider had received "incorrect" legal advice from several top-tier law firms about its compliance program.
The director of the besieged Mayfair investment group will submit a new noteholder proposal to the court in an effort to stave off the winding up of M101 Nominees and salvage his multi-million dollar Dunk Island and Mission Beach investments.
The Australian Securities and Investments Commission has settled its responsible lending case against Volkswagen's financial services unit with an undertaking from the car financier to repay customers $4.7 million.
Changes to AMP's buyer of last resort policy that reduced the multiple by which the wealth management firm would purchase advisers' client registers was necessary to protect the business from a 'BOLR run', a court had been told.
Fintech Zip Co has successfully opposed rival Flexigroup's attempt to trade mark 'No Interest Ever!', in the latest trade mark battle between buy now, pay later service providers in Australia.
Five investment banks facing a class action for their alleged rigging of foreign exchange rates have slammed the "unclear" and "incredibly vague" case, saying it contains "literally trillions" of possible variations of the cartel agreement allegedly entered into.
The Australian Securities and Investments Commission has dropped its investigation into trading firm Select Vantage, which brought an unsuccessful $10 million defamation suit against the regulator.