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Foxtel can’t revoke China Unicom trade mark after Allens misses deadline
Pay TV giant Foxtel has lost an appeal of an IP Australia decision refusing to revoke a trade mark by telco China Unicom after a failure of the trade mark office's online filing system meant its law firm, Allens, missed the deadline for opposing the mark.
Judge slams as ‘rubbish’ legal privilege claims in CIMIC class action lawyer’s affidavit
A judge overseeing discovery in a class action against global engineering company CIMIC Group has called out the legal profession for an "extraordinary" new trend of relying on solicitors' affidavits in claiming privilege over evidence.
Charges still not finalised in groundbreaking ANZ criminal cartel case
Charges in the criminal cartel case against ANZ, Citigroup and Deutsche Bank over a $2.5 billion ANZ institutional share placement have yet to be finalised, almost a year after the proceeding was filed.
ANZ mulled repricing controversial $2.5B capital raising, ASIC claims
ANZ Bank executives briefly considered relaunching and repricing a botched $2.5 billion equity capital raising at the heart of two groundbreaking enforcement actions, and the decision by the share placement's underwriters to instead pick up a $790 million shortfall deprived investors of lower priced shares, a court has been told.
REST questions duty of care in lawsuit over climate change disclosures
The trustee of the Retail Employees Superannuation Trust wants more details about an ecological landscaper's allegation that it breached its duty of care by failing to make adequate disclosures about climate change risks.
Education Department got bad advice from Clayton Utz, court told
Clayton Utz's advice to the Department of Education that it could supply details to the ACCC about documents seized in an Australian Federal Police raid of Phoenix Institute of Australia's offices was incorrect, the collapsed educational company told the court as it flagged a possible application to shut down the consumer watchdog's case.
Kmart ordered to hand over docs in cargo pants IP dispute
Kmart has been ordered to produce more documents related to changes made to the designs for its men's cargo pants and shorts in a lawsuit alleging it violated the copyright for workwear company Globe International's clothing designs.
Commonwealth Bank told investors Sigma credit rating withdrawal a ‘technical’ issue
The Commonwealth Bank of Australia, facing cross-claims by credit ratings agency Fitch in a class action alleging it gave false or misleading double A and triple A ratings to synthetic CDOs backed by Sigma Financial, told investors Fitch's withdrawal of Sigma's credit rating prior to the collapse of the $27 billion investment fund was a "technical" issue, the bank has admitted.
Hells Angels loses IP lawsuit against Redbubble
The Australian chapter of biker group the Hells Angels has mostly come up short in its wide-ranging intellectual property lawsuit against online marketplace Redbubble. But the judge that heard the case may have opened the door for more IP lawsuits against the print-on-demand site by shooting down its claims that its not a seller but merely a platform for artists and consumers to engage.
Deloitte contributed to Dick Smith’s downfall, class actions now claim
Deloitte Touche Tohmatsu is facing claims by the lead applicants in two class actions against failed retail giant Dick Smith alleging its poor accounting practices contributed to the retailer's collapse.