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Banned financial advisor Sam Henderson charged over master’s degree claims
Financial Services 2020-06-10 9:14 pm By Christine Caulfield

Former celebrity advisor Sam Henderson, who was slapped with a three-year financial services ban last year after his appearance at the banking royal commission, has been charged with multiple dishonesty offences.

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High Court won’t hear Melco’s challenge to doc production order in Crown inquiry
Securities 2020-06-10 2:48 pm By Christine Caulfield

Hong Kong-based casino group Melco Resorts has lost an application for special leave to the High Court to weigh in on a ruling that a NSW public inquiry into James Packer’s Crown Resorts had the power of a royal commission and could order privileged documents to be handed over.

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ACCC secures $700,000 penalty against NRAS participant Quantum Housing
Competition & Consumer Protection 2020-06-10 2:31 pm By Christine Caulfield

A judge has ordered WA-based Quantum Housing Group to pay $700,000 and its sole director another $50,000 after finding the company misled investors in the National Rental Affordability Scheme.

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Commonwealth Bank faces class action over ‘junk’ insurance
Class Actions 2020-06-10 8:52 am By Cat Fredenburgh

The Commonwealth Bank of Australia has become the latest Big Four bank to be hit with a class action over the sales of allegedly worthless insurance products.

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Domino’s looks to strike out ‘rolled up, confusing’ underpayments class action
Class Actions 2020-06-09 10:34 pm By Miklos Bolza

Domino’s is seeking to strike out portions of the “rolled up, confusing pleading” in a class action over alleged worker underpayments, saying the case cannot be brought under the consumer law.

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ASIC can’t avoid trial in defamation lawsuit by Queensland mortgage firm
Defamation 2020-06-09 9:53 pm By Cat Fredenburgh

The Australian Securities and Investments Commission will have to face trial in a defamation lawsuit brought by a Queensland building and mortgage company over two media releases the corporate regulator issued in 2018 and 2019, after defeating a separate $10 million defamation case last year.

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‘New marketing opportunity’: Judge sees injunction’s silver lining in In-N-Out trade mark dispute
Intellectual Property 2020-06-09 2:35 pm By Cat Fredenburgh

A Sydney burger chain that was ordered to change its name after losing a trade mark lawsuit by popular American burger franchise In-N-Out has lost its request to stay the ruling, with a judge finding the company had “greatly exaggerated” the costs of the name switch, which she called “a new marketing opportunity”.

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Victoria Beckham drops challenge to ‘VB’ trade marks
Intellectual Property 2020-06-09 12:08 pm By Cat Fredenburgh

Victoria Beckham has dropped a lawsuit seeking to block Sydney-based skincare company VB Skinlab from registering two VB trade marks, which the fashion designer and former Spice Girl claimed sought to trade off the reputation of her VB marks.

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The house wins: Aristocrat beats out IP Australia in fight over slot machine patents
Intellectual Property 2020-06-05 10:03 pm By Miklos Bolza

Gaming giant Aristocrat Technologies has succeeded in its appeal of an IP Australia decision rejecting four of its gaming patents, with a judge finding they were “not a mere scheme” but an actual manner of manufacture.

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ASIC, ANZ gear up for battle over Ashurst advice in bank fees case
Financial Services 2020-06-05 9:31 pm By Miklos Bolza

ASIC has launched a bid to gain access to legal advice provided by Ashurst to Australia and New Zealand Banking Group in the regulator’s case over $35 million in allegedly illegal bank fees.

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