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Mother drink maker wins stay of trade mark loss, but must swallow costs
Intellectual Property 2022-04-26 2:53 pm By Sam Matthews

The maker of Mother brand energy drinks has won a stay of a judge’s decision to remove one of its trade marks for non-use, but has been hit with indemnity costs in its ongoing intellectual property stoush with rival Cantarella Bros.

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Seven faces suit over report accusing Jarryd Hayne fan of spitting at rape victim
Defamation 2022-04-26 6:55 pm By Sam Matthews

A man who said he was falsely accused by a Seven journalist of spitting at the rape victim of former NRL star Jarryd Hayne has sued the broadcaster for defamation.

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Trivago hit with $44.7M penalty for ‘highly misleading’ hotel deals
Competition & Consumer Protection 2022-04-22 10:49 am By Cat Fredenburgh

A judge has slapped Trivago with $44.7 million in penalties for a “startlingly misleading” rankings system used on its travel comparison website from which it reaped $53 million.

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‘Pretty unsatisfactory’: Judge sceptical of Colonial plan to stick ATO with settlement distribution
Class Actions 2022-04-22 1:34 pm By Sam Matthews

A judge has expressed doubts over Colonial First State’s plan to pass on part of its duties to the ATO in distributing a $56.3 million settlement secured by customers in a Maurice Blackburn-led class action.

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Westpac slugged with $113M in penalties in six ASIC cases
Financial Services 2022-04-22 3:02 pm By Christine Caulfield

A judge on Friday slugged Westpac with a $40 million penalty for charging advice fees to over 11,800 dead customers in the last of six cases brought by the corporate regulator, taking the total to be paid by the bank to $113 million.

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SingTel appeals ATO win over deductions on $14B Optus buy
Tax 2022-04-22 10:11 pm By Christine Caulfield

Telecommunications giant SingTel is challenging a ruling in favour of the Australian Taxation Office’s decision to reject over $894,000 in tax deductions related to its $14.2 billion acquisition of Optus.

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Mercedes Benz CEO to hand over docs after dealers decry ‘unsatisfactory’ production
Competition & Consumer Protection 2022-04-22 10:59 pm By Sam Matthews

Mercedes Benz Australia will produce 10,000 pages of documentary evidence alongside material from CEO Florian Seidler, in its fight against a $650 million lawsuit brought by Australian dealers over the car maker’s decision to move to a fixed-price agency model.

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Ex-Deloitte director accused of $3M fraud suspended from restructuring group
White Collar 2022-04-21 2:29 pm By Cat Fredenburgh

A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.

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Judge signs off on $32M in penalties against Westpac
Financial Services 2022-04-21 3:47 pm By Cindy Cameronne

A judge has approved $32 million in penalties against Westpac in two cases brought by the corporate regulator accusing the bank of misleading thousands of “vulnerable” customers about their debts and failing to manage the accounts of deregistered companies.

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Macquarie plays blame game with car dealers in flex commissions class action
Class Actions 2022-04-21 5:33 pm By Sam Matthews

Macquarie Leasing has hit back at a class action over alleged unfair flex commission arrangements with car dealers, saying dealers were not required to propose high interest rates as part of the scheme and that customers were not forced to accept them.

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