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Caterpillar pounces on Puma’s ‘procat’ trade mark
Intellectual Property 2019-07-23 9:57 pm By Cat Fredenburgh

A catfight has broken out betweenĀ construction equipment and workwear maker Caterpillar and sneaker giant Puma, with Caterpillar arguing Puma’s ‘procat’ trade mark is deceptively similar to its ‘cat’ marks.

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Online drug supplier Peptides Clinic hit with $10M fine for advertising breaches
Healthcare 2019-07-23 9:49 pm By Christine Caulfield

A judge has slapped a $10 million fine on online supplement company Peptide Clinics for advertising prescription-only drugs in breach of the Therapeutic Goods Act.

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Arrium directors in firing line after three-year investigation into $4B collapse
Restructuring & Insolvency 2019-07-23 4:39 pm By Amelia Birnie

Insolvency firm Kordamentha has filed proceedings against ten former directors of the Arrium Group, accusing them of breaching of their duties to prevent insolvent trading after the steel giant collapsed with almost $4 billion in debt.

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$43.2M lease demand slashed after judge finds Dexus unreasonable
Real Estate 2019-07-23 1:30 pm By Amelia Birnie

A judge overseeing a lease dispute in relation to a Brisbane CBD office tower has slashed a $43.2 million statutory demand against construction company Grocon by more than two thirds, finding property management firm Dexus was unreasonable to demand payment just two business days after issuing its invoices.

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Pitcher Partners can’t escape $5.6M judgment over concealed accounting botch job
Appeals 2019-07-23 1:23 pm By Christine Caulfield

Pitcher Partners has lost it challenge to a ruling socking it with a $5.6 million bill for an accounting error concealed from client Neville’s Bus Service, with an appeals court saying there was a “clear and principled basis” to require the accounting firm to pay the sum awarded for loss and damage to the transport company.

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ASIC takes shipbuilder Austal to court over legal privilege claims amid probe
Securities 2019-07-22 10:25 pm By Christine Caulfield

Defence shipbuilder Austal faces legal action by the corporate regulator challenging claims of privilege over documents sought as part of a probe into disclosures linked to cost overruns on the company’s $4 billion US Navy ship-building program.

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Judge urges Grant Thornton to consider Chinese wall in KPMG class action settlement
Class Actions 2019-07-22 10:10 pm By Amelia Birnie

The settlement of the Discovery Metals investor class action against KPMG has experienced another setback, after scheme administrator Grant Thornton flagged a potential conflict of interest in acting as a costs contradictor over Piper Aldermanā€™s controversial $3.5 million legal bill.

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Mylan fires another shot at Cipla in generic Lipidil battle
Competition & Consumer Protection 2019-07-22 9:35 pm By Cat Fredenburgh

Mylan has launched a lawsuit against Cipla for allegedly copying the get-up of its blockbuster cholesterol drug Lipidil, after losing a bid to block Cipla and Sun Pharma from selling generic versions of the drug while it appeals a ruling invalidating several claims of its patents.

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More than a ‘scintilla of inventiveness’: Motorola defends source code as Hytera trial kicks off
Intellectual Property 2019-07-22 8:01 pm By Amelia Birnie

Patents at the centre of a high stakes IP dispute between tech giants Motorola and Hytera have significantly more than the necessary ā€œscintilla of inventivenessā€ to be deemed valid, Motorola said on the first day of a month-long trial.

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Boehringer wins time to oppose Intervet patent after lawyers botched deadline
Intellectual Property 2019-07-22 4:56 pm By Cat Fredenburgh

A unit of Boehringer Ingelheim has been given more time to oppose a proposed patent by rival drug maker Intervet, after the German drug company’s lawyers sent an email with the wrong opposition deadline.

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