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ASIC targets superannuation fund’s ‘greenwashing’
ASIC 2023-05-02 10:45 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has gone after a superannuation fund over a Facebook post that allegedly overstated the fund’s positive environmental impact.

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Katy Perry loss shows fame no ticket to ride ‘roughshod’ over trade mark owners
Analysis 2023-05-01 12:36 pm By Christine Caulfield

An infringement ruling against US singer Katy Perry in a case brought by an Australian fashion designer is a “win for the little guy”, experts say, showing that fame doesn’t give celebrities a blank cheque to exploit their brand at the expense of someone’s else’s registered trade mark.

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MLC agrees to pay $10M penalty in ASIC case
Insurance 2023-05-01 11:56 pm By Christine Caulfield

MLC has agreed to cop a $10 million penalty for admitted breaches of the Corporations Act in an ASIC case that alleged the insurer failed to promptly update medical terms in policies and withheld payment of a life insurance benefit.

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Canva quashes opposition to patent application extension after lawyer mess-up
Intellectual Property 2023-05-01 1:56 pm By Cat Fredenburgh

Graphics design platform Canva has overcome opposition to it being granted further time to apply to patent an invention for generating websites, after IP Australia found its US patent attorneys  made an “error or omission” by failing to track expiration dates for registering the patent.

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Judge throws cold water on Fairy’s ’30 Minute Miracle’ launch
Competition & Consumer Protection 2023-05-01 9:09 pm By Sam Matthews

A judge has hit the maker of Fairy dishwashing products with an interim injunction that will disrupt the launch of its 30 Minute Miracle detergent, after finding consumer claims by the maker of Finish dishwashing products had a strong prospect of success.

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Australian Open ‘let’ device maker hit with $350,000 judgment for patent infringement
Intellectual Property 2023-05-01 12:18 pm By Sam Matthews

A German company and its director have been ordered to pay over $350,000 in damages to the patent holder of a infringing device used to detect ‘lets’ in tennis that was used at the Australian Open for three years.

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Bruce Lehrmann wins bid to bring late defamation cases against News Corp, Ten
Defamation 2023-04-28 12:51 pm By Cindy Cameronne

Accused rapist Bruce Lehrmann has won his bid to bring defamation cases against News Corp and Network Ten despite the expiry of a 12-month limitation period.

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No livestream for trial in wage cases against Coles, Woolworths
Employment 2023-04-28 2:51 pm By Christine Caulfield

A Federal Court judge has pulled the plug on a bid by the Fair Work Ombudsman for an upcoming trial in wage cases against supermarket giants Coles and Woolworths to be livestreamed like other hearings of public interest in the court.

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Deloitte report into Medibank cyberattack to be kept secret
Privacy & Cybersecurity 2023-04-28 11:52 pm By Christine Caulfield

Private health insurer Medibank has not released a Deloitte report into last year’s cyberattack that exposed the private information of 10 million customers.

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Meta’s market power still eclipses all other social media combined, ACCC says
Social Media 2023-04-28 11:14 pm By Christine Caulfield

Despite the growing popularity of new entrant TikTok, Facebook and Instagram-owner Meta retains significant market power in the social media industry, reporting annual advertising revenue of $5 billion in Australia alone, a report has found.

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