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iSignthis says disclosing end of Visa relationship would not have affected share price
Financial Services 2021-03-04 4:07 pm By Spencer Fowler Steen

Fintech company iSignthis has struck back at allegations by the Australian Securities and Investments Commission that it breached its continuous disclosure obligations by failing to inform shareholders that Visa was ending its relationship, saying the disclosure would not have affected its share price.

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Full Court to hear another appeal over computer-implemented invention
Intellectual Property 2021-03-04 2:58 pm By Cat Fredenburgh

The Full Federal Court has been asked to consider an appeal of a judge’s ruling backing the position of the Commissioner of Patents that two patents for a computer-implemented invention did not describe a manner of manufacture and should be revoked.

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Viagogo wins stay of $7M penalty after evidence of COVID-19’s ‘catastrophic’ impact
Competition & Consumer Protection 2021-03-04 2:44 pm By Cindy Cameronne

Crying poor during COVID-19, Viagogo has won a temporary stay of a $7 million penalty imposed by a court that found the ticket reseller misled customers on an ā€œindustrial scaleā€.

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Applicant, funder must foot the bill for slew of cross-claims in dropped Pitcher Partners class action
Class Actions 2021-03-04 12:34 pm By Cat Fredenburgh

A judge has found the lead applicant and funder in a discontinued class action against Pitcher Partners over its auditing of Slater & Gordon must pay the bill for the flurry of cross-claims brought in the proceeding, but has rejecting the accounting firm’s argument that its costs should be paid on an indemnity basis.

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Law firms await beauty tips as High Court set to rule on competing class actions
High Court 2021-03-03 10:43 pm By Christine Caulfield

The High Court has set a date for handing down its keenly anticipated judgment in a case that challenged the winner of a beauty contest of class actions against AMP, a decision expected to offer guidance on how courts should tackle the so-called multiplicity problem.

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Judge ‘not following’ government’s argument backing coal expansion in climate class action
Energy & Natural Resources 2021-03-03 6:23 pm By Spencer Fowler Steen

The Federal Government has argued a class action against the expansion of a northern NSW mine has “conspicuously failed” to show that the emissions would contribute to “catastrophic harm”, but a judge has questioned the Commonwealth’s contention that other countries would be responsible for the emissions.

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Former Arrium group treasurer rejects liquidators’ ‘infected’ insolvency case
Restructuring & Insolvency 2021-03-03 6:16 pm By Miklos Bolza

The former group treasurer of collapsed steel giant Arrium has hit back at claims brought by the company’s liquidators that it was trading while insolvent, arguing the case had been ‘infected’ by evidence from an expert who was also a plaintiff in the case.

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V Energy maker accuses market newcomer of infringing its ‘V’ trade marks
Intellectual Property 2021-03-03 5:45 pm By Cindy Cameronne

The manufacturer of V Energy drinks has taken a competitor to court for allegedly infringing its unregistered ā€œVā€ trade mark and engaging in misleading and deceptive conduct.

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ACCC to sink allegations Samsung had no reasonable grounds for waterproof claims
Competition & Consumer Protection 2021-03-03 4:27 pm By Spencer Fowler Steen

The Australian Competition & Consumer Commission has retreated from its claim Samsung Electronics allegedly made false, misleading and deceptive representations when marketing the water resistant capabilities of its Galaxy smartphones without reasonable grounds.

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Apple doesn’t have to produce info on Australian users in Epic Games competition case
Competition & Consumer Protection 2021-03-03 2:28 pm By Christine Caulfield

Tech giant Apple will not be forced to hand over documents about Australian users to Epic Games ahead of argument on Apple’s application to shut down the game maker’s competition case, a judge has ruled, likening Epic’s imprecise notice to produce to the “cheerful pastime of drift netting”.

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