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Prospa to fix unfair contract terms after ASIC probe delayed float
Contracts 2018-09-07 9:29 pm By Cat Fredenburgh

Online lender Prospa has agreed to alter unfair terms in its standard form small business loan contracts, after it delayed a planned float due to concerns raised by ASIC about its loan terms.

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Bellamy’s wants judge to limit costs of competing class actions
Class Actions 2018-09-07 9:28 pm By Cat Fredenburgh

A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings — organic baby food maker Bellamy’s — has called on the court to make good on its promise about costs.

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Sanitarium, Rebel appeal ruling in $1.4M suit over promotion campaign
Contracts 2018-09-07 4:58 pm By Miklos Bolza

Cereal giant Sanitarium and retailer Rebel Sports are challenging a decision dismissing proceedings against a UK marketing company amid a contractual dispute over a recent joint promotional campaign.

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VW will refund purchasers of cars that fail within 60 days
Competition & Consumer Protection 2018-09-07 12:13 pm By Cat Fredenburgh

Volkswagen has agreed to offer refunds or replacements to consumers if a defect makes a car un-drivable within the first 60 days after purchase without requiring proof of a major failure.

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VisionSearch takes final shot at ObjectiVision’s ‘limited’ case
Intellectual Property 2018-09-06 10:58 pm By Miklos Bolza

ObjectiVision has presented a “limited” and “debatable” case that its source code for a glaucoma testing device was copied, the Federal Court heard Thursday as the trial in a four-year spat with the University of Sydney over IP rights came to a close.

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McMillan Shakespeare unit hit with class action over car warranties
Baker McKenzie 2018-09-06 10:15 pm By Christine Caulfield

A subsidiary of car leasing company McMillan Shakespeare faces a class action over vehicle warranties that gave the company “complete and unfettered” discretion to reject claims by customers.

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Motorola says Hytera misled court, wins discovery request
Intellectual Property 2018-09-06 8:34 pm By Miklos Bolza

Motorola Solutions says Hytera Communications misled the Federal Court about key decision makers involved in the development of radio products which it claims infringe three of its patents.

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ASIC sues NAB over $100M in fees for no service
Financial Services 2018-09-06 7:29 pm By Cat Fredenburgh

ASIC has taken two NAB wealth management units to court for allegedly charging superannuation members around $100 million in fees for services they never received.

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Monster Energy loses challenges to trade mark registrations
Intellectual Property 2018-09-06 6:08 pm By Cat Fredenburgh

Energy drink giant Monster Energy Company hasĀ  come up short in two oppositions to trade mark registrations which it claimed would infringe its marks.

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Codeine patents involve natural parts that can’t be patented, court told
Intellectual Property 2018-09-06 3:12 pm By Cat Fredenburgh

TPI Enterprises has gone on the offensive in a patent lawsuit initiated by rival poppy processor Tasmanian Alkaloids, saying the patents at the centre of the suit describe natural parts that can’t be patented.

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