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Clyde & Co asks six partners to leave, will introduce salaried role
Global insurance law firm Clyde & Co has shown six of its partners in Australia the door and will create a new salaried partner position to cope with high competition in insurance law, with the partnership having decreased by a third in the last 18 months.
SkyCity hit with $67M penalty in AUSTRAC case
A judge has ordered SkyCity to pay a $67 million penalty in AUSTRAC’s case alleging it allowed $4 billion in suspicious transactions, finding it was an "appropriate" sum, even when compared with the $450 million fine handed to Crown last July.
Net-a-Porter loses challenge to The Iconic’s ‘Considered’ trade mark
The Iconic has defeated a challenge to the online fashion retailer's application to trade mark ‘Considered’ for sustainable or ethically sourced products, with IP Australia rejecting Net-a-Porter's argument that the label has not been used in the sense required under the Trade Marks Act.
Monster Energy settles trade mark fight with PepsiCo over popular snack food
A three-year court battle over PepsiCo's Monster Munch trade mark has been resolved, with Monster Energy negotiating the removal of some beverage products that would have been covered by the mark.C
PwC director should not have relied on co-worker’s text message in resigning: FWC
The Fair Work Commission has found a former PricewaterhouseCoopers director should not have relied solely on a colleague's text message in deciding to resign while on leave, rejecting her argument that the accounting firm had essentially forced her resignation.
High Court won’t take up Clive Palmer’s challenge to criminal charges
The High Court will not hear mining magnate Clive Palmer's challenge to a court's finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and alleged payments to his political party were an abuse of process and should be stayed.
Late tweaks to funding bids to be ‘held against’ firms in IC Markets beauty parade
A judge has warned two law firms competing to run a class action against IC Markets over risky contracts-for-difference that it will be held against them if they take a “holding position” on their funding proposals and attempt to negotiate their bids down later.
‘No more indulgence’: Firm that took over class actions can’t redo beauty parade bid
A judge will not allow a law firm that stepped in to lead class actions against Hyundai and Kia to amend its funding proposal to seek a group costs order ahead of a carriage fight, even though its proposal would have led to greater returns for group members.
SkyCity Adelaide to get High Court hearing in tax fight with SA treasurer
The High Court has agreed to take up a dispute between SkyCity Adelaide and South Australia's treasurer over the tax treatment of reward points that gamblers convert to gaming chips.
End of the road for Hells Angels in fight for damages against Redbubble
The High Court has declined to step in after Hells Angels' award of $78,000 in damages for online marketplace Redbubble's infringement of its trade marks was slashed to just $100, bringing to an end an IP fight that has stretched on for nearly a decade.