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Financial adviser wins challenge to ASIC’s life ban
Financial Services 2018-09-19 7:37 pm By Cat Fredenburgh

The Australian Securities and Investments Commission failed to establish any grounds for permanently banning an ANZ financial adviser from the industry, a tribunal said in setting aside the decision Tuesday. 

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Unique wins appeal of unconscionable conduct ruling
Competition & Consumer Protection 2018-09-19 4:51 pm By Cat Fredenburgh

The Full Federal Court has overturned a win for the consumer regulator in a case against Sydney-based Unique International College, ruling that the vocational trainer’s practices for marketing and enrolling students in its diploma courses did not amount to unconscionable conduct.

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Bega admits to using Kraft-branded shippers
Intellectual Property 2018-09-19 1:39 pm By Cat Fredenburgh

Bega has admitted to allegations by Kraft that it distributed its peanut butter in boxes with the Kraft logo on the outside, but says it was allowed to under a license agreement.

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ASIC sues Dover Financial, director for misleading clients
Financial Services 2018-09-17 3:53 pm By Cat Fredenburgh

ASIC has filed a lawsuit against shuttered financial adviser Dover Financial and its former director, who famously collapsed during questioning before the Royal Commission, over its client protection policy.

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ABC, Fairfax to fight dismissal of truth defence in Chau Chak Wing defamation suit
Defamation 2018-09-14 11:21 pm By Christine Caulfield

The ABC and Fairfax Media are appealing a ruling tossing their truth defence in a case brought by Chinese billionaire and philanthropist Dr Chau Chak Wing.

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Shareholders to contest Bellamy’s cost-capping bid in class actions
Class Actions 2018-09-14 2:09 pm By Christine Caulfield

A sought-after court order by organic baby food maker Bellamy’s to limit legal costs in two class actions won’t come without a fight, a barrister for the shareholders said Friday.

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Maker of iconic French press sues to block copycat device
Intellectual Property 2018-09-13 10:14 pm By Cat Fredenburgh

Bodum, maker of the popular glass French press coffee maker, has sued an Australian company for allegedly copying the design and getup of its iconic device, on the heels of winning a $4 million judgment in the US over a copycat device. 

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ACCC approves $13B acquisition of Australian energy giant
Competition & Consumer Protection 2018-09-12 10:20 pm By Miklos Bolza

The Australian Consumer and Competition Commission has said it will permit a $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies after accepting a court-enforceable undertaking.

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Cargill wins bid to call King & Wood Mallesons solicitor as a witness
Trials 2018-09-11 11:29 pm By Cat Fredenburgh

A judge has granted Cargill Australia’s request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial over the $420 million sale of Viterra’s Joe White business to Cargill in 2013.

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Class action says mortgage investment firm charged excessive fees
Class Actions 2018-09-11 8:55 pm By Miklos Bolza

An Australian mortgage investment manager has been hit with a class action, alleging it charged excessive fees on loans and made misleading representations to borrowers.

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