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NAB super trustee entitled to pay adviser commissions, class action judge says
Class Actions 2024-12-03 4:32 pm By Cindy Cameronne

In the latest class action loss, a judge has found $165 million in fees charged to members by NAB super fund trustee NULIS Nominees was corporate revenue ā€œwith which it was free to deal as it saw fitā€.

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Start-up denies ex-Fortescue employees developed green iron process on company dime
Intellectual Property 2024-12-03 11:10 pm By Cindy Cameronne

Start-up Element Zero has denied allegations that three former Fortescue employees, including one executive, misused confidential information and developed a process for green iron on the company dime.

Class action against NAB super fund trustee fails
Class Actions 2024-12-02 11:24 pm By Christine Caulfield

A class action against NAB unit NULIS Nominees over adviser fees charged to superannuation fund members should be dismissed, a judge has found.

Katy Perry wins appeal in trade mark fight with Aussie designer
Intellectual Property 2024-11-22 11:55 pm By Sam Matthews

The Full Court has overturned a finding that singer Katy Perry infringed an Australian fashion designer’s ‘Katie Perry’ mark, finding the designer knew of the pop star when she registered the mark.

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Santos’ net zero plan ā€˜little more than speculationā€™, trial court told
Trials 2024-10-28 11:50 pm By Cindy Cameronne

Santosā€™ plan to reach net zero greenhouse gas emissions by 2040 was ā€œlittle more than a series of speculationsā€, a shareholder group has said on the first day of trial in a landmark greenwashing case.

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Element Zero appeals search order win for Fortescue in trade secrets case
Intellectual Property 2024-10-24 11:54 pm By Christine Caulfield

Green iron start-up Element Zero is continuing its fight over search orders won by rival Fortescue that it claimed were a massive over-reach.

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Full Court asked to clarify ‘authorised rep’ in ASIC crypto appeal
Cryptocurrency 2024-10-10 2:48 pm By Sam Matthews

ASIC has appealed a decision in its mostly successful case against the issuer of the Qoin crypto coin, challenging an “important” finding on authorised representatives of AFSL holders.Ā 

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Fortescue scores win against start-up accused of ā€˜industrial scale’ misuse
Intellectual Property 2024-10-04 3:03 pm By Cindy Cameronne

Fortescue has defeated a bid by its former CFOā€™s green iron start-up to set aside search orders that were said to have been secured ā€œoff the back of egregious material non-disclosureā€.Ā Ā 

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ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

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Carnival denies Ruby Princess passenger had ‘horrible’ time on ill-fated cruise
Class Actions 2024-08-29 11:06 pm By Cindy Cameronne

Carnival PLC has denied that a passenger, whose husband contracted COVID-19 and had to be put on a ventilator, had a ā€œhorribleā€ time aboard the ill-fated Ruby Princess, in a class actionā€™s appeal of a finding that she was only entitled to $4,000 in damages.

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