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7-Eleven defeats Seven Network’s opposition to ‘7-Select’ trade mark
Intellectual Property 2024-05-03 11:51 pm By Andy Sidler

Convenience chain 7-Eleven has defeated Seven Network’s challenge to its bid to trade mark ‘7-Select’ for a new brand of products targeting younger shoppers, with an IP Australia delegate finding consumer confusion was not likely.

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Retail Food Group to pay nothing to settle Michel’s Patisserie class action
Class Actions 2024-05-02 5:00 pm By Cat Fredenburgh

The law firm and funder that ran a class action against Retail Food Group on behalf of current and former franchisees of its Michel’s Patisserie chain will be out of pocket, after the company agreed to a settlement under which it will pay nothing.

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Funder’s ‘very large’ cut from $100M AMP class action settlement warrants contradictor: court
Class Actions 2024-04-24 2:44 pm By Cindy Cameronne

A judge has appointed a contradictor for an upcoming settlement approval hearing in a class action by financial advisers against AMP over its buyer of last resort policy, saying the funder was taking a “very large” cut of the $100 million settlement. 

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Stockbroker ordered to pay $1M in ASIC market-rigging case
Securities 2024-04-17 11:24 pm By Christine Caulfield

Sydney stockbroker Adam Blumenthal has been ordered to pay close to $1 million after admitting to market rigging and breaching his duties as director of two companies — including by arranging a $7 million loan to ‘ASX Wolf’ Tyson Scholz.

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ASIC launches appeal in landmark case over Finder Wallet’s cryptocurrency
Cryptocurrency 2024-04-11 3:48 pm By Christine Caulfield

The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.

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‘Real lack of care’: Judge scolds class action firm over costs dispute with funder
Class Actions 2024-04-04 11:23 pm By Cat Fredenburgh

A bid by the law firm behind a settled class action against Hays Recruitment to increase a cap on costs to settle a spat with a litigation funder has been dashed, with a judge pulling up the firm for failing to inform the court of the funder’s claim.

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Uber says use of spyware to lure GoCatch drivers not like burglary
Trials 2024-04-03 11:05 pm By Sam Matthews

Uber has hit back at claims that it engaged in corporate espionage by using a software program called SurfCam to lure drivers away from rival GoCatch, saying its actions could not be compared to burglary because the material it obtained was not confidential.

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Former Zambrero CEO hits back at lawsuit, says founder called him his ‘right hand man’
Food and Beverage 2024-04-03 11:35 pm By Cat Fredenburgh

The former CEO at Mexican fast food chain Zambrero has hit back at claims he exaggerated his role in the company’s rapid expansion, saying he was founder Dr Sam Prince’s “right hand man”.

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Fortrend client list was created, then destroyed after lawsuit threat over Shaw defections, court told
Employment 2024-04-03 1:12 pm By Christine Caulfield

Fortrend Securities is amending its $28 million lawsuit against rival Shaw & Partners and two former advisors accused of scheming to solicit customers, adding a claim that a client list was produced and then destroyed after legal action was foreshadowed.

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JWS recruits ESG expert from Corrs Chambers Westgarth
Business of Law 2024-04-03 12:34 pm By Cat Fredenburgh

Johnson Winter Slattery has snagged a special counsel from Corrs Chambers Westgarth to meet heightened demand for advice on climate change, sustainability and ESG issues.

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