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Commonwealth Bank admits data breach of 20 million accounts
Privacy & Cybersecurity 2018-05-03 2:30 pm By Christine Caulfield

Commonwealth Bank of Australia has admitted a breach of data affecting nearly 20 million accounts, but said Thursday there was no evidence that customers’ details were stolen.

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Pharma regulator seeks input on ad complaints
Healthcare 2018-05-02 11:43 pm By Cat Fredenburgh

The Therapeutic Goods Administration is seeking feedback on its proposed process for handling advertising complaints when stricter new advertising rules for therapeutic products take effect later this year. 

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Patents for ubiquitous fruit containers are valid, judge rules
Intellectual Property 2018-05-02 11:16 pm By Christine Caulfield

A company that owns two innovation patents covering the ubiquitous produce containers in Australian grocery stores has successfully defended the validity of the inventions against claims they were neither inventive nor new.

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Financial complaints board takes shape
Competition & Consumer Protection 2018-05-02 4:36 pm By Cat Fredenburgh

The Australian Financial Complaints Authority is gearing up for a launch later this year, with four new board members announced this week.

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Heinz appeals ruling over sugary kids snacks
Competition & Consumer Protection 2018-05-02 2:28 pm By Cat Fredenburgh

H.J. Heinz Company Australia Ltd has filed an appeal after a Federal Court found it made misleading claims about the health benefits of its Little Kids Shredz products.

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Wheelie bin battle rolls into damages phase
Intellectual Property 2018-05-01 11:46 pm By Miklos Bolza

Wheelie bin maker Mastec Australia needs a broad range of evidence to calculate the damages resulting from the misuse of its bin designs by rival Trident Plastics, a court heard Monday.

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Funder feud could force Bannister Law off Ford class action
Class Actions 2018-05-01 10:57 pm By Miklos Bolza

A dispute with litigation funder Martin Place Litigation Services has cast doubt over whether Bannister Law can continue to lead a massive class action against Ford, the Federal Court heard Tuesday.

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Judge oks brother’s suit against LiveTiles CEO Karl Redenbach
Corporate 2018-05-01 10:34 pm By Cat Fredenburgh

The founder of Microsoft solutions provider nSynergy has been given the greenlight to bring a derivative suit against his brother and co-founder Karl Redenbach, alleging Redenbach diverted tens of millions of dollars in nSynergy’s assets — including software company LiveTiles.

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Ultra Tune’s misleading conduct “egregious”, ACCC tells court
Competition & Consumer Protection 2018-05-01 10:24 pm By Miklos Bolza

Ultra Tune was “cavalier and careless” in its attitude towards its franchisees, the ACCC told the Federal Court Tuesday at the start of a four-day hearing in a case alleging the national car repair business failed to comply with the Franchising Code and breached the Australian Consumer Law. 

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Judge denies bid to peek at Cape Lambert books
Corporate 2018-05-01 8:20 pm By Cat Fredenburgh

A judge has denied a bid by corporate advisory firm Leadenhall Australia to have a peek at the books of mining company Cape Lambert Resources, in a dispute over a $4 million share placement that left Leadenhall with a diluted stake in the company. 

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