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REA Group blocks trade mark bid by former Reserve Hotel director’s Real Estate Store
Global property giant REA Group has blocked a trade mark application by Real Estate Store, a new venture of a former director of Reserve Hotel Group, with IP Australia finding there was a "real and tangible danger" that consumers would think the companies were connected.
Westpac faces ASIC action over ‘junk’ credit insurance
The corporate cop has launched action against banking giant Westpac for allegedly selling worthless add-on credit card insurance to unwitting customers, the first of what could be a series of cases against banks in the wake of a remediation program that has returned $250 million to hundreds of thousands of account holders with 11 major lenders.
J&J unit hit with second class action over pelvic mesh products
Johnson & Johnson's Ethicon unit is facing a second class action over its allegedly defective pelvic mesh products, following a landmark ruling that found the drug company did not adequately warn about the devices' risks.
Deloitte wants to keep lid on retirement talks in $3.8M age discrimination lawsuit
Deloitte is seeking to set aside a subpoena for documents recording chats with partners about retirement after they turned 62, in a closely watched age discrimination lawsuit challenging the accounting firm's mandatory retirement policy.
Tandem class action members may have been misled by news about cross-claims, judge says
A judge has found that news articles published in the Herald Sun, Daily Mail and The Australian may have given group members in a class action against a Telstra contractor the “wrong impression” that they would be exposed to a cross-claim if they failed to opt out.
Fairfax settles defamation suit by vindicated ex-Leighton CFO Peter Gregg
Fairfax has settled long-running defamation proceedings brought by former Leighton Holdings CFO Peter Gregg over 11 articles that accused him of corruption, after he won an appeal last year overturning his conviction on related criminal charges.
Credit Suisse seeks to wind up Whyalla steelworks on back of Greensill collapse
Global investment bank Credit Suisse has launched legal action in the wake of the collapse of Greensill Capital seeking to wind up two firms helmed by British billionaire Sanjeev Gupta, including the company behind Whyalla Steelworks.
CBA fined $7M after judge questions if penalty has enough ‘sting’
A judge has slugged the Commonwealth Bank of Australia with a $7 million fine in proceedings brought by ASIC for excessive interest charged to thousands of overdraft customers, but noted the penalty amounted to profits from just six hours of operation for the Big Four bank.
Billionaire Brett Blundy defeats lawsuit by Honey Birdette co-founder
A former director of provocative lingerie retailer Honey Birdette has lost a lawsuit against billionaire retail entrepreneur Brett Blundy seeking damages after a relationship breakdown saw her bought out of the firm.
CoreLogic hit with copyright lawsuit over data scraping
Building and construction information service provider BCI Media is suing CoreLogic, accusing the property data analytics company of unauthorised access and scraping confidential information from its copyright-protected leads platform.