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Cryptocurrency class action faces knockout bid
Class Actions 2022-03-14 11:38 am By Sam Matthews

The issuer of Gold Coast-based cryptocurrency Qoin has asked a court to throw out a class action alleging breaches of the ASIC Act and Australian Consumer Law in relation to the issue of the utility coin. 

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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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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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Feminist writer Clementine Ford sues Fairfax, executive editor for defamation
Defamation 2022-03-11 9:33 pm By Sam Matthews

Writer Clementine Ford is suing Fairfax Media and Tory Maguire, executive editor of The Age and Sydney Morning Herald newspapers, over a statement Maguire made referring to “vile and personal attacks” by Ford on journalists and editors at the mastheads, where she was previously a columnist.

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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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Third Nuix class action means beauty parade may be unavoidable
Class Actions 2022-03-10 11:13 pm By Cat Fredenburgh

Technology company Nuix has been hit with a third shareholder class action over its troubled $1.8 billion float on the ASX, setting up what is likely to be the first beauty parade in the Supreme Court of Victoria since the state allowed class action lawyers to seek a cut of any settlement or judgment.

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