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Grays hit with $10M penalty for misleading cars listings
Competition & Consumer Protection 2024-07-18 11:48 pm By Cindy Cameronne

Online auction site Grays has been ordered to pay $10 million in penalties after it admitted to making misleading statements in the descriptions of at least 750 cars listed for sale on its website. 

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Kraken crypto exchange operator denies it offered credit facility
Cryptocurrency 2024-07-01 11:22 pm By Sam Matthews

The Australian provider of the Kraken crypto exchange has told a court that its margin trading product is not a credit facility, rejecting the corporate regulator’s “overly broad” definition of the word ‘credit’. 

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Neurim’s claim for additional damages survives in Circadin patent case
Intellectual Property 2024-06-03 11:48 pm By Sam Matthews

A judge has upheld Neurim Pharmaceutical’s claim for additional damages against two generic drug companies found to have infringed its patent for insomnia drug Circadin, despite the company’s failure to comply with an earlier ruling.

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Aristocrat can’t get docs yet for possible trade secrets suit
Appeals 2024-05-27 3:46 pm By Sam Matthews

A judge has rejected Aristocrat’s bid for orders requiring competitor Light & Wonder to hand over documents to be placed “in an envelope” for speedy production should its appeal of a decision ordering that it produce the documents to Aristocrat for possible trade secrets suit fail.

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ToolGen wins court approval to patent gene editing technology
Intellectual Property 2024-05-23 11:56 pm By Cat Fredenburgh

South Korean biotech ToolGen has won court approval to patent its genome editing technology CRISPR, after an earlier bid to protect its IP found the revolutionary technology was not patentable.

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Light & Wonder strikes back as Aristocrat mulls suit over Lightning Link trade secrets
Appeals 2024-05-20 11:09 pm By Cat Fredenburgh

Game maker Light & Wonder is fighting orders requiring it to hand over information to Aristocrat Gaming for a possible suit alleging it and two former employees who jumped ship misused confidential information about Aristocrat’s popular Lightning Link and Dragon Link games.

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Aristocrat claims rival may have misused Lightning Link, Dragon Link trade secrets
Intellectual Property 2024-05-01 11:48 pm By Andy Sidler

Casino gaming giant Aristocrat may sue competitor Light & Wonder and two former employees who jumped ship for allegedly misusing confidential information about its popular Lightning Link and Dragon Link games to develop a competing product.

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After 7 years of litigation, patent for blockbuster sleep drug Circadin found valid
Intellectual Property 2024-04-18 11:21 pm By Sam Matthews

After a seven-year legal battle, a court has upheld the validity of Neurim Pharmaceutical’s patent for insomnia drug Circadin and ruled two generic drug companies infringed the intellectual property.

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Inventor’s patent case against Monster Energy gets one last chance
Intellectual Property 2024-03-13 11:35 pm By Christine Caulfield

A judge has issued a self-executing order for the dismissal of a patent infringement lawsuit against Monster Energy if the inventor who brought the case fails to pay $350,000 in security for the beverage giant’s costs within two weeks.

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Microsoft wins new trial after judge’s 3-year delay in delivering judgment
Intellectual Property 2024-03-05 10:12 pm By Sam Matthews

An appeals court has ordered a third trial in a long-running copyright battle between Microsoft and a Melbourne computer retailer, saying the trial judge’s findings were “greatly diminished” by her three-year-long delay in delivering judgment.

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