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US bank boss Peter Schiff endorsed tax evasion, Nine says in defamation defence
Defamation 2022-03-14 6:13 pm By Miklos Bolza

Nine Network has hit back at a defamation lawsuit filed by the CEO and founder of Euro Pacific Bank, Peter Schiff, arguing that he knowingly endorsed tax evasion and attracted criminals by situating the bank in “notorious” locations with lax reporting requirements.

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Mars keeps MM mark away from chocolate in trade mark settlement
Intellectual Property 2022-03-14 11:08 am By Miklos Bolza

A judge has signed off on a settlement in a trade mark spat between M&M candy maker Mars and the world’s largest macadamia grower, Macquis Macadamias, under which Marquis will no longer seek to register its MM mark for chocolate bars.

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Seven in talks to settle fight with broadcaster over 7HD trade mark
Intellectual Property 2022-03-14 11:15 am By Christine Caulfield

Seven Network is in negotiations with Bangkok Broadcasting to resolve their spat over the Thai broadcaster’s proposed 7HD trade mark, which was found to be deceptively similar to Seven’s mark.

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Worley shareholders win appeals court battle to revive class action
Breaking News 2022-03-11 2:34 pm By Christine Caulfield

An appeals court has sided with shareholders in their challenge to a ruling tossing a class action against engineering services company Worley, which was found to have had reasonable grounds for issuing overly rosy earnings guidance eight years ago.

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Insurer denies policy covered ‘excessive’ $3.7M Moray & Agnew settlement
Insurance 2022-03-11 1:32 pm By Miklos Bolza

A Lloyd’s syndicate has hit back at a lawsuit by Moray & Agnew, saying it did not have to cover part of a $3.7 million settlement between the law firm and a Melbourne property developer because the amount agreed to was “excessive”.

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TerraCom can’t keep PwC report from ASIC investigators
Energy & Natural Resources 2022-03-11 10:14 pm By Christine Caulfield

Mining company TerraCom has lost a case seeking to shield a report by PricewaterhouseCoopers from the Australian Securities and Investments Commission, which is investigating claims current and former executives falsified coal quality results.

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Lloyd’s scores win in COVID-19 business interruption insurance case
Insurance 2022-03-11 3:14 pm By Miklos Bolza

Lloyd’s has scored a win in a COVID-19 business interruption case, with a judge ruling the insurer can rely on a conformity clause in its insurance contract with a Snap Fitness franchisee to deny coverage.

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Flying Eureka Flag at construction sites banned under building code, court finds
Employment 2022-03-11 9:24 pm By Miklos Bolza

A court has found that flying flags associated with the Eureka Rebellion or displaying material bearing union mottos and indicia at construction sites contravenes the Building Code.

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High Court to weigh in on patentability of computer-implemented inventions
High Court 2022-03-10 11:53 pm By Cat Fredenburgh

The High Court has decided to weigh in on whether computer-implemented inventions are eligible for patent protection, granting special leave to Aristocrat Technologies to challenge a judgment that shot down four patents for its popular Lightning Link electronic poker machine.

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Court won’t let class action parties pay for judge to travel for Sydney trial
Class Actions 2022-03-10 3:41 pm By Christine Caulfield

The Federal Court won’t permit a Melbourne-based judge to travel to Sydney on the dime of the parties in a class action against wealth management group Colonial First State, but will foot the bill itself.

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