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IOOF chair told APRA conflicts of interest were ‘a bit of a non-event’
Financial Services 2019-04-30 5:42 pm By Christine Caulfield

The former chairman of troubled IOOF told APRA during a review meeting that he “struggled” to think the wealth manager had any conflicts of interest and that the issue was getting too much “airplay”, according to court documents filed recently by the prudential regulator.

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Catch Group settles dispute with Kogan over ‘catch’ AdWords
Intellectual Property 2019-04-11 9:32 pm By Cat Fredenburgh

E-retail giant Catch Group has settled a lawsuit against Kogan for alleging violating its “catch” trade marks and the consumer law through sponsored links on Google driven by phrases using the word “catch”.

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Addisons partner can inspect documents in Bega, Fonterra trade mark dispute
Intellectual Property 2019-04-05 9:31 pm By Miklos Bolza

Bega Cheese has presuaded a court to allow a partner from Addisons Lawyers to access select confidential documents, expanding the confidentiality regime at the heart of its dispute with Fonterra Brands over an allegedly violated trade mark licence agreement.

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Deloitte contributed to Dick Smith’s downfall, class actions now claim
Class Actions 2019-03-18 8:01 pm By Miklos Bolza

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.

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Catch settles trade mark lawsuit over ‘Catch of the week’ promotions
Intellectual Property 2019-03-12 9:36 pm By Cat Fredenburgh

E-retailer Catch Group has resolved a trade mark lawsuit it lobbed against a popular online classified ads provider over its “Catch of the week” and “Catch of the month” deals.

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Class members waited too long to appeal Great Southern MIS settlement, court rules
Class Actions 2019-03-07 4:59 pm By Christine Caulfield

An appeals court has dashed the hopes of three group members of a resolved class action over managed investment schemes operated by agribusiness Great Southern Group who sought more time to appeal approval of the settlement deed, which put them on the hook for repaying their loans to Bendigo and Adelaide Bank.

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Mach Energy faces $20M lawsuit by ex-managing director
Employment 2019-03-07 4:16 pm By Miklos Bolza

Mining firm Mach Energy is facing legal action from its former managing director over $20 million in shares allegedly owed under an equity incentive scheme.

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TPI agrees to stop selling high codeine poppy seed, for now
Intellectual Property 2019-02-12 9:37 pm By Cat Fredenburgh

Poppy processor TPI Enterprises has agreed to stop selling seed from high codeine poppy plants while it defends a lawsuit by rival Tasmanian Alkaloids alleging TPI infringed two of its innovation patents for high codeine-concentrated poppy.

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Visa settles competition lawsuit over currency conversion ban
Competition & Consumer Protection 2019-01-31 10:01 pm By Cat Fredenburgh

Visa has resolved a lawsuit by a fintech founder alleging it misused its market power by banning the use of dynamic currency conversion services in several countries, including Australia and the US.

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IOOF says APRA should be able to state its case after 3-year probe
Financial Services 2018-12-20 3:38 pm By Miklos Bolza

A barrister for two units of embattled wealth manager IOOF and three senior company executives facing claims by APRA have criticised the regulator for filing a broad concise statement and no statement of claim after a three-year investigation.

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