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The Economist loses challenge to ‘The Beer Economist’ trade mark
Intellectual Property 2022-11-08 11:40 pm By Cat Fredenburgh

Media company The Economist has failed in its opposition to registration of a trade mark for The Beer Economist, with an IP Australia delegate saying the mark was not substantially identical or deceptively similar to the UK publisher’s brand.

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Virgin’s insurers may be pulled into bond holders class action
Class Actions 2022-11-08 4:02 pm By Cindy Cameronne

Virgin Australia’s insurers may be dragged into a class action accusing the airline of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising.

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‘Law breaking on a grand scale:’ CBA’s money laundering failures on trial
Class Actions 2022-11-07 11:22 pm By Cindy Cameronne

The Commonwealth Bank of Australia knew about a “catastrophic” code error that caused widespread non-compliance with money laundering rules two years before it was disclosed to the market, a court has been told in a rare shareholder class action trial.

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Barrister’s $800k bill with 52 entries of ‘getting up’ doesn’t cut it, court says
Business of Law 2022-11-07 5:46 pm By Sam Matthews

An appeals court has ordered a Perth silk to explain four bills in which entries marked ‘getting up’ accounted for over 36 days of work.

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Sydney’s $3B light rail was a ‘train wreck’, class action trial told
Trials 2022-11-07 4:52 pm By Cindy Cameronne

A class action on behalf of 3,500 business owners along Sydney’s light rail route has told a court that group members bore the brunt of the project’s delayed construction, described as “a train wreck which could be predicted from a mile away”.

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Star Entertainment faces second class action over money laundering compliance
Class Actions 2022-11-07 10:54 pm By Christine Caulfield

The Star Entertainment Group has been served with a second shareholder class action over disclosures relating to its anti-money laundering controls, a month after it was slapped with a $100 million fine.

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Nine tells court barrister stole Insta-famous cavoodle, misled police
Defamation 2022-11-07 11:03 pm By Sam Matthews

A judge has questioned Nine’s eleventh-hour bid to add allegations of “serious criminal offences” against a barrister who sued the media company over its coverage of her custody battle for famed social media pooch Oscar the cavoodle.

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Australia ‘really needs’ an unfair practices law, ACCC deputy chair says
ACCC 2022-11-04 11:39 pm By Cindy Cameronne

The outgoing deputy chair for the Australian Competition and Consumer Commission says Australia “really needs” a new unfair practices law, echoing sentiments from the regulator’s former boss.

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Medibank won’t pay ransom to criminal behind cyberattack
Privacy & Cybersecurity 2022-11-07 11:30 pm By Cat Fredenburgh

Medibank will not pay a ransom to a criminal who stole the data of 9.7 million customers, saying it would encourage extortion.

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Fonterra to pay $25M to settle class action over slashed milk prices
Class Actions 2022-11-04 12:13 pm By Cindy Cameronne

Fonterra has agreed to shell out $25 million to settle a class action by dairy farmers alleging they were underpaid when Fonterra slashed milk prices and sought a “clawback” in 2016.

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