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Judge freezes Forum Finance director’s worldwide assets
A judge has expanded a freezing order over assets owned by Forum Finance director Vincenzo Tesoriero to include property outside Australia, including a yacht in Miami dubbed “XOXO”, after Westpac raised concerns about non-disclosure.
7-Eleven willing to negotiate with Seven over 7NOW trade mark, court hears
7-Eleven has told a court it is willing to negotiate a deal with Seven over the 7NOW logo, a trade mark the TV network recently lost after a successful challenge by the convenience store chain.
Caterpillar wins fight over Puma’s Procat trade mark
US machinery manufacturer Caterpillar has won its appeal of a decision approving sportswear brand Puma’s 'Procat' trade mark application, with a judge finding “a significant number” of consumers might be confused by the mark.
CBA slams class action’s ‘shameless’ attempt to obtain CEO’s emails
The Commonwealth Bank of Australia has slammed an attempt by a class action to “trawl through” its Chief Executive Officer’s emails in search of correspondence regarding it decision to rebate commissions grandfathered by the Future of Financial Advice reforms.
Judge finds NSW environmental regulator has ‘duty’ to address climate change
The NSW Environment Protection Authority must develop policies to protect the environment from the threat of climate change, a judge has found in a significant victory for climate advocates.
Crocs takes Mosaic Brands to court for allegedly copying shoe design
US footwear company Crocs has taken Mosaic Brands to court for allegedly selling shoes that "flagrantly" copy the look of its unique 13-hole slip-on foam clogs.
Santos accused of misleading market by ‘greenwashing’ natural gas claims
Leading Australian oil and gas producer Santos is accused of misleading the market by “greenwashing” its environmental credentials in a landmark shareholder-led lawsuit filed in the Federal Court.
Law firm investigates class action over toxic dog food
A law firm is investigating a potential class action on behalf of pet owners whose dogs have died or fallen ill after consuming food contaminated with a known toxin.
NAB cops $18.5M fine for failing to disclose adviser fees
National Australia Bank has been hit with a $18.5 million fine after admitting to allegations by ASIC that it failed to adequately disclose its adviser fees for five years.
ASIC ditches ‘why not litigate’ stance as government prioritises economy
Just three years after adopting its ‘why not litigate’ approach in response to a lashing by the Hayne royal commission, the corporate regulator has abandoned the tough enforcement stance as the Morrison government focuses on economic recovery from COVID-19.