Regulators

ASIC has won travel bans against two people who are being investigated over their links to Keystone and Falcon Capital funds, which are suspected of misusing investor money, after the regulator claimed losses could be “catastrophic”. 

A former director of three construction companies that collapsed with debts of almost $94 million has been banned by the corporate watchdog from managing corporations for five years.

The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.

ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.

The former chairman of BBY has been charged with aiding and abetting dishonest conduct while head of the board at the defunct stockbroking firm.

Flu vaccine maker Seqirus has successfully opposed Moderna’s proposed patent for a mRNA vaccine, but an IP Australia delegate said the problems with the patent can be overcome by amendments.

The Fair Work Ombudsman has launched action against a labour hire company for allegedly failing to pay compensation to a pregnant worker sacked from the Royal Hotel Granville.

A former director of collapsed Melbourne derivatives broker Berndale Capital Securities will spend a year in jail after pleading guilty to offences connected to his misuse of company funds.

Two proponents of Bitcoin Cash have battled before IP Australia over the trade mark 'Bitcoin Cash City', with one claiming he coined it in a text message in 2019.

Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.