A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new class action allegations that the brokerage fees it charged individuals who took out pay day loans were actually for services it received.
Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.
A unit of dairy giant Saputo has agreed to amend the terms of its contracts with dairy farmers, in the wake of calls by the ACCC for a mandatory code of conduct to level the playing field between dairy farmers and milk processors.
Toy giant Mattel is fighting back against claims that its Mecard toys violate Canadian toy company Spin Master’s patent for a toy transformation mechanism, claiming transformable toys are nothing new and that Spin Masters’ patent is invalid.
The World Intellectual Property Organisation has found bookmaker CrownBet was the “controlling mind” behind the cybersquatting of four domains that allegedly violated rival Betstar’s trade marks.
The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant’s numerous “procedural failures”.
A judge had denied home builder Carlisle Homes’ bid for a temporary injunction in a case alleging rival home builder Resimax violated its copyright for residential homes designs, instead ordering that the case move swiftly to trial.
The former head of Australian mining company Kimberley Diamonds has been acquitted of charges that he signed off on market statements that assumed luxury retailer Tiffany & Co would pay higher prices for the company’s rare yellow diamonds.
The Full Federal Court has upheld most of a ruling that found LG did not engage in misleading or deceptive conduct by failing to inform purchasers of faulty televisions of the remedies available to them under the Australian Consumer Law.
An Australian art gallery and its owner have been sued for allegedly failing to verify the authenticity of a Howard Arkley painting purchased for $205,000.