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Zip Co crushes Flexigroup’s ‘No Interest’ trade mark
Intellectual Property 2020-10-09 10:01 pm By Cat Fredenburgh

Fintech Zip Co has successfully opposed rival Flexigroup’s attempt to trade mark ‘No Interest Ever!’, in the latest trade mark battle between buy now, pay later service providers in Australia.

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ASIC drops investigation into company that filed $10M defamation lawsuit
Financial Services 2020-10-07 5:09 pm By Miklos Bolza

The Australian Securities and Investments Commission has dropped its investigation into trading firm Select Vantage, which brought an unsuccessful $10 million defamation suit against the regulator.

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ANZ to pay $10M for unconscionable conduct in charging illegal bank fees
Financial Services 2020-10-02 3:09 pm By Christine Caulfield

A judge has ordered Australia and New Zealand Banking Group to pay $10 million in penalties after finding that the bank engaged in unconscionable conduct and breached its obligations by slugging customers $3 million in periodic payment fees it was not entitled to charge.

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Full Court trashes ACCC appeal over Woolworths ‘eco’ picnic products
Competition & Consumer Protection 2020-09-29 7:03 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has lost its appeal of a ruling that found Woolworths’ environmental claims for its ‘Select Eco’ line of compostable plates, bowls and cutlery were accurate, not false and misleading.

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Herbert Smith Freehills underpaid some lawyers more than $20,000
Business of Law 2020-09-25 10:11 pm By Cat Fredenburgh

Herbert Smith Freehills has discovered it underpaid a number of its graduate lawyers, with some in the Big Six firm’s graduate ranks owed more than $20,000.

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Nationwide, Devine settle defamation case over Quaden Bayles tweets
Defamation 2020-09-25 11:16 am By Miklos Bolza

Nationwide News and journalist Miranda Devine have agreed to pay a “substantial” sum to settle a defamation lawsuit brought by nine-year old Quaden Bayles over Devine’s retweets of conspiracy theories suggesting a video of Bayles posted on social media following a bullying incident were fake.

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Qantas underpaying staff by ‘setting off’ JobKeeper payments, court finds
Employment 2020-09-24 6:47 pm By Miklos Bolza

The Federal Court has provided clarification as to how the Morrison government’s JobKeeper scheme operates, in a ruling against Qantas Airways that found the airline had incorrectly applied the scheme and underpaid its staff.

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Judge shuts down Boehringer challenge to Merck Sharp & Dohme parasite patent
Intellectual Property 2020-09-24 1:59 pm By Miklos Bolza

Pharmaceutical company Boehringer Ingelheim has failed in its Federal Court challenge to a patent application for an injectable anti-parasite drug for livestock by a subsidiary of competitor Merck Sharp & Dohme.

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Clive Palmer can’t get law firm, funder docs for possible Queensland Nickel claim
Restructuring & Insolvency 2020-09-23 4:39 pm By Miklos Bolza

The Queensland Supreme Court has shot down an “entirely speculative” bid by two Clive Palmer-owned companies to access information held by two law firms and a litigation funder, as the mining magnate mulls a lawsuit for potential breaches of a settlement reached in the Queensland Nickel liquidation proceedings.

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Mayfair’s Mawhinney hires Ashurst after lengthy ASIC submission
Financial Services 2020-09-23 11:34 am By Miklos Bolza

The director of the beleaguered Mayfair investment group, who has been self-represented in winding up proceedings by ASIC, has now entered into a late stage retainer with law firm Ashurst, with his barrister saying he could no longer manage the case on his own after the regulator filed a lengthy affidavit.

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