An appeals court has found Zip Co infringed the ‘Zip’ trade mark of mortgage provider Firstmac, making orders restraining the buy now, pay later giant from using the name.
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
The Australian Securities and Investments Commission will seek to wind up investment firm Falcon Capital after obtaining freezing orders over its assets.
Westpac has agreed to fork over $130 million to settle a class action over payment of flexible commissions to car dealers, a practice that was banned by the corporate regulator seven years ago.
The corporate regulator has asked the Full Court to stamp out avenues for corporate mischief, as it challenges a finding about the authorised representative exemption to the licence requirement of financial services providers.
ASIC is having another go at cyber enforcement after its first case accusing a company of breaching the Corporations Act by failing to have adequate cybersecurity systems largely flopped.
Piper Alderman has snagged six partners from Squire Patton Boggs, many of whom were at the global firm for over a decade, to join its corporate, construction and financial services teams.
A delegate has ordered the removal of Macquarie’s ‘Macbank’ trade mark, finding no evidence of use in the course of trade despite the moniker being widely used to refer to the bank colloquially.
Corporate advisory firm Shaw and Partners is entitled to its full fees for working on a $20.5 million capital raising with ASX-listed tech company NetLinkz, a court has found.
After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.