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AI copyright claims could have edge in Australia, experts say
Analysis 2024-01-31 9:46 pm By Sam Matthews

Australian IP lawyers are closely watching The New York Times’ copyright lawsuit seeking billions in damages from OpenAI and Microsoft, but it remains to be seen whether Australia will become a favoured jurisdiction for similar suits or be left playing catch up, experts say.

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Finish maker Reckitt won’t drop court battle with Proctor & Gamble
Competition & Consumer Protection 2024-01-30 11:04 pm By Christine Caulfield

Finish detergent maker Reckitt Benckiser has thrown the latest punch in a long-running grudge match against rival Proctor & Gamble, with RB challenging a ruling that it made misleading claims about its popular dishwashing product.

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Insurers dragged into PwC class action over $50M bond prospectus
Class Actions 2024-01-12 2:55 pm By Sam Matthews

Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won the green light to add four insurers to the case. 

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Sydney Opera House settles trade mark spat over use of sail design
Intellectual Property 2023-12-14 9:03 pm By Cat Fredenburgh

The Sydney Opera House Trust has resolved a long-running dispute accusing a China trade group of committing flagrant copyright infringement by reproducing substantial portions of the iconic landmark’s trade mark-protected sail design in its logo.

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Lawyers who don’t embrace AI ‘will be left behind’, experts say
Business of Law 2023-12-12 11:48 pm By Cindy Cameronne

Generative artificial intelligence will completely transform the legal industry, potentially decimating the billable hour in the process, and experts say practitioners who don’t embrace the technology will be swiftly replaced by those who do.

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‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
Financial Services 2023-12-04 11:17 pm By Cindy Cameronne

ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition in banking was not a sufficient reason to block the deal.

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ATO can’t find non-conflicted expert in $173M case over Hilton hotel sale
Tax 2023-12-04 5:27 pm By Sam Matthews

The ATO has lost its bid for a court-appointed joint expert after it failed to find a witness with legal expertise in structuring hotel sales who was not “commercially conflicted”, with a judge ruling that Hilton should not be prevented from relying on an expert report it already obtained.

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PwC class action by Axsesstoday bondholders wants to add insurer, 3 years in
Class Actions 2023-12-04 11:29 pm By Christine Caulfield

More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.

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Noumi in talks with ASIC on penalty for continuous disclosure breaches
Securities 2023-12-01 1:38 pm By Cindy Cameronne

Food manufacturer Noumi is trying to reach agreement with the Australian Securities and Investments Commission on a penalty to propose to the court for violating its continuous disclosure obligations by overstating the value of inventory.

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Procter & Gamble’s ’30 Minute Miracle’ dish soap claims don’t wash, court finds
Competition & Consumer Protection 2023-11-30 3:49 pm By Cindy Cameronne

Consumer goods giant Procter & Gamble Australia made misleading statements that its Fairy ‘30 Minute Miracle’ dishwashing tablet was better at cleaning than Reckitt Benckiser’s Finish Platinum Plus, but both companies made false claims about their products, a judge has found.

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