Online lender Prospa has agreed to alter unfair terms in its standard form small business loan contracts, after it delayed a planned float due to concerns raised by ASIC about its loan terms.
A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings — organic baby food maker Bellamy’s — has called on the court to make good on its promise about costs.
Volkswagen has agreed to offer refunds or replacements to consumers if a defect makes a car un-drivable within the first 60 days after purchase without requiring proof of a major failure.
ASIC has taken two NAB wealth management units to court for allegedly charging superannuation members around $100 million in fees for services they never received.
Energy drink giant Monster Energy Company has come up short in two oppositions to trade mark registrations which it claimed would infringe its marks.
TPI Enterprises has gone on the offensive in a patent lawsuit initiated by rival poppy processor Tasmanian Alkaloids, saying the patents at the centre of the suit describe natural parts that can’t be patented.
Two hearing aid companies have agreed to pay a $2.5 million penalty over ads that misled pensioners about benefits available under the government’s Hearing Services Program, and the ACCC has warned another enforcement action against a hearing aid company is imminent.
Consumer goods giant Reckitt Benckiser has successfully opposed a proposed patent for a toilet bowl cleaner filed by rival S.C. Johnson, but a delegate for IP Australia has allowed the company to amend its patent application.
An Adani Group subsidiary is facing a fine of up to $2.7 million in an enforcement action by Queensland’s environment regulator over an unauthorised discharge of sediment water from its Abbot Point Coal terminal.
Plaintiffs law firm Slater & Gordon is considering a class action against gynaecologist Dr. Emil Gayed, who was found guilty of professional misconduct after patients complained of undergoing unnecessary surgery and not giving informed consent to procedures.