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a2 Milk urges court to register ‘slightly mysterious’ trade marks
Intellectual Property 2021-07-27 5:00 pm By Miklos Bolza

The a2 Milk Company has urged the Federal Court to allow its ‘a2 Milk’ and ‘True a2’ trade marks to be registered, arguing they’re not merely descriptive of a protein in milk.

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Crane maker NQCranes blasts ACCC’s ‘bizarre’ new claims in cartel case
Competition & Consumer Protection 2021-07-26 5:26 pm By Christine Caulfield

Queensland crane company NQCranes wants to strike out the bulk of the ACCC’s amended case alleging a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets, saying there was no evidence of the regulator’s new allegations of a second cartel agreement.

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Judge vacates Westpac insider trading trial despite ‘misgivings’
Financial Services 2021-07-26 2:46 pm By Miklos Bolza

A judge has vacated next year’s trial in ASIC’s insider trading case against Westpac despite “misgivings”, and has made orders regarding confidential evidence after the Australian financial watchdog argued that handing the material to the bank could damage its relationship with its Hong Kong counterpart.

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Lorna Jane hit with $5M penalty for misleading COVID-19 activewear claims
COVID-19 2021-07-23 2:43 pm By Cat Fredenburgh

A judge has hit women’s activewear company Lorna Jane with a $5 million penalty for representing to consumers during the height of the coronavirus crisis last year that its activewear would protect them from viruses including COVID-19.

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Linchpin liquidators get final chance to defend class action
Class Actions 2021-07-23 2:14 pm By Miklos Bolza

A judge has given the liquidators of Linchpin Capital a final chance to defend a shareholder class action before judgment is made against the collapsed financial services group and one of its subsidiaries.

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Judge lashes Forum Finance director’s failure to comply with court orders
Financial Services 2021-07-22 9:57 pm By Miklos Bolza

A judge has issued an ultimatum to Forum Finance director Bill Papas for his “entirely unsatisfactory” conduct in failing to provide details of personal assets while defending three lawsuits that accuse him of being behind a $400 million fraud.

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Westpac’s profits relevant, judge says in imposing $3M fees-for-no-service penalty
Financial Services 2021-07-22 9:35 pm By Christine Caulfield

Westpac has been ordered to pay $3 million after two subsidiaries admitted misleading hundreds of superannuation customers about the financial adviser fees they were charged, a penalty that took into account the Big Four bank’s massive profits.

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Class action firm wants to intervene in FWOā€™s ‘entirely misconceived’ case against Woolworths
Employment 2021-07-22 3:46 pm By Cindy Cameronne

Employment class action law firm Adero Law is seeking to intervene in the Fair Work Ombudsmanā€™s action against Woolworths, saying the ā€œmisconceivedā€ proceedings have disrupted mediation in a class action against the supermarket chain for which 3,000 employees have registered.

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Amazon, eBay, Kogan in ACCC’s sights in digital platforms inquiry
Competition & Consumer Protection 2021-07-22 10:57 am By Miklos Bolza

The ACCC will probe potential competition and consumer concerns over online retail platforms eBay, Amazon, Kogan and Catch.com.au, and has called for submissions as part of its ongoing inquiry into digital platform services.

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Judge lashes ACCC’s Port of Newcastle case as ‘far-fetched and fanciful’
Competition & Consumer Protection 2021-07-20 10:54 pm By Christine Caulfield

The ACCC’s claim that NSW Ports stymied competition when it signed a 50-year agreement with the state to be compensated if the Port of Newcastle built a container terminal was based on “mere speculative hopes”, a judge found in tossing the competition watchdog’s regulatory action.

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