Afterpay has failed to block fintech iSignthis from registering ‘Clearpay’ as a trade mark for its blockchain-based trading system, with an IP Australia delegate finding Afterpay had failed to prove it used ‘Clearpay’ for its buy now, pay later services outside of the UK.
The Australian Competition and Consumer Commission has brought proceedings against fashion retailer Mosaic Brands Limited, alleging it failed to deliver several hundred thousand products to customers within advertised time frames.
A judge has handed Ultra Tune a $1.5 million fine for contempt, saying the car repair franchise failed to meet the requirements of a court-ordered compliance program, instituted after the company copped a $2 million fine for contravening its disclosure obligations to franchisees.
Builder J Hutchinson and the union for construction workers have successfully appealed a finding that they unlawfully agreed to boycott an independent subcontractor at a Brisbane building site.
The Full Federal Court has found it was “abundantly clear” on the evidence before a trial judge that funeral expenses insurance provider ACBG misrepresented to Aboriginal customers that it was Aboriginal owned or managed, but found ASIC contributed to the error with its bad pleadings.
The Australian Securities and Investments Commission has won sequestration orders against Gold Coast ‘finfluencer’ Tyson Scholz after he failed to pay the regulator’s costs in proceedings that resulted in him being permanently barred from carrying on a unlicensed financial services business.
More companies may find themselves in the position of Medibank — which recently failed to stay representative proceedings before the privacy regulator while a related class action is on foot — so long as the laws remain unchanged, and law firms are willing to gamble on privacy class actions.
A Sydney law firm and its principal have been fined $14,400 for disobeying a Fair Work Ombudsman compliance notice issued for the alleged underpayment of a paralegal, with a judge saying the lawyer’s belief she did not owe any wages was “unreasoned and unreasonable”.
The Australian Securities and Investments Commission has won a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global while the regulator investigates suspected criminal offences.
Online auction business Grays has agreed to pay a $10 million penalty for engaging in misleading and deceptive conduct by posting hundreds of descriptions of cars for sale on its website that contained incorrect information.