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Worrells backs partner targeted by ‘unexpected’ ASIC action
Restructuring & Insolvency November 14, 2019 10:25 pm By Christine Caulfield

Insolvency firm Worrells has come out in support of partner Jason Bettles, who is facing an investigation by the corporate regulator for his work as […]

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Google blasts ACCC’s ‘cherry-picked’ suit over data collection disclosures
Competition & Consumer Protection November 14, 2019 1:52 pm By Miklos Bolza

Google has slammed landmark regulatory action brought by the Australian Competition and Consumer Commission over the collection and use of location data on Android devices as “cherry-picked”, saying the watchdog had read alleged misstatements by the tech giant out of context.

$2.5M break fee in Pacific Energy takeover battle not anti-competitive, panel says
Corporate November 14, 2019 4:33 pm By Cat Fredenburgh

The Takeovers Panel has found that while a $2.5 million break fee included in a $470 million takeover offer lobbed during a bidding war for Western Australia power supplier Pacific Energy was not a “common market approach”, it was not anti-competitive or coercive.

Fiat-Chrysler wins catfight at IP Australia
Intellectual Property November 14, 2019 9:40 pm By Cat Fredenburgh

Construction equipment manufacturer Caterpillar Inc has lost a challenge to the registration of two ‘Hellcat’ trade marks by FCA Group, producer of well-known auto brands Fiat, Chrysler, Dodge, Jeep and Alfa Romeo.

Key insight into claim on Warranty & Indemnity insurance
Expert Insights November 14, 2019 9:35 pm By Christine Caulfield

The Supreme Court of Victoria has considered whether an insured buyer under a warranty and indemnity policy is entitled to indemnity from an insurer when it relied on income and liability warranties in a share sale agreement and those warranties were breached, a case that provides welcome guidance on the contractual interpretation of W&I policies, writes Justin McDonnell of King & Wood Mallesons.

Judge asks if he’s ‘in la-la land’ after seeing VW profitability figures
Competition & Consumer Protection November 13, 2019 3:14 pm By Hannah Gee

A judge has voiced his incredulity at profitability figures produced by Volkswagen in seeking court approval of a $75 million settlement with the consumer regulator over its emissions cheating scandal, asking whether he was “in la-la land”.

IP firm pursues potential lawsuit against HWL Ebsworth
Business of Law November 13, 2019 10:34 pm By Miklos Bolza

A specialist IP law firm has launched preliminary discovery proceedings against HWL Ebsworth after one of its lawyers jumped ship.

Ex-Murray Goulburn execs say judge should not disqualify them again
Securities November 13, 2019 11:27 pm By Miklos Bolza

The former chief financial officer of Murray Goulburn has asked a judge to relieve him from any disqualification order sought by the corporate watchdog in its case over his alleged role in the milk supplier’s continuous disclosure breaches, saying he is already the subject of orders that ban him from the dairy industry.

ASIC wants to probe Worrells liquidator over winding up of Members Alliance Group
Restructuring & Insolvency November 13, 2019 3:45 pm By Miklos Bolza

The Australian Securities and Investments Commission wants to investigate the conduct of a Worrells partner in relation to the winding up of Members Alliance Group, a group of property investment companies whose 2016 collapse stripped creditors of over $40 million and left its director facing fraud charges.

Monster Energy takes on ‘mother’ of a trade mark battle
Intellectual Property November 13, 2019 3:44 pm By Cat Fredenburgh

Monster Energy has launched another Federal Court case against Vittoria Food & Beverage seeking to block the coffee maker from trading on the popularity of its Mother energy drink brand, and the beverage giant will have to convince the court that its brand is not so strong that confusion among consumers is not likely.