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Manuka honey group in NZ loses fight against ‘Australian Manuka’ trade mark
Intellectual Property 2021-08-05 12:26 pm By Miklos Bolza

A New Zealand-based association representing manuka honey beekeepers has lost its opposition to an application for the ‘Australian Manuka’ trade mark by a Byron Bay honey producer, with IP Australia finding the word ‘manuka’ did not specifically refer to honey made in NZ.

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Freedom Foods to call boss as witness in former GC’s unfair dismissal case
Employment 2021-08-05 11:27 am By Miklos Bolza

Food and beverage manufacturer Freedom Foods will call its CEO and ex-group chairman to the stand in a case filed by the firm’s former group general counsel, who has dropped her lawyer and is now self-represented.

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ASIC accuses WA biotech company of misleading consumers during pandemic
COVID-19 2021-08-04 9:30 pm By Bianca Hrovat

The Australian Securities and Investments Commission has filed court action against a multi-million dollar Western Australian biotech company, alleging it made several misleading representations to the market during the height of the COVID-19 pandemic.

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Mercedes-Benz accused in ACCC action of exposing drivers to risk of death during Takata recall
Competition & Consumer Protection 2021-08-04 4:37 pm By Christine Caulfield

The consumer regulator has launched court proceedings against luxury car maker Mercedes-Benz for allegedly exposing consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags.

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ASIC seeks $40M penalty against NAB over inadequate fee disclosures
Financial Services 2021-06-17 3:06 pm By Christine Caulfield

National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.

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PwC says ATO should stick to plan at upcoming privilege hearing
Tax 2021-08-03 2:10 pm By Miklos Bolza

PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.

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Full Court should decide whether Qld energy class action is managed investment scheme, court told
Class Actions 2021-08-02 3:02 pm By Cat Fredenburgh

The Full Court should determine whether a class action accusing two state-owned energy generators of gaming Queensland’s energy pricing system needs to comply with regulations requiring litigation funders to register class actions as managed investment schemes, a court has been told.

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ASIC wins bad advice case against IOOF unit RI Advice
Financial Services 2021-08-02 10:30 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to ensure its advisers acted in the best interests of clients and did not give inappropriate advice.

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‘He just hasn’t tried very hard’: Westpac slams Forum founder Bill Papas’ evidence of assets
Financial Services 2021-07-30 4:49 pm By Miklos Bolza

Westpac has told the Federal Court it has “grave concerns” about Forum Group founder Bill Papas’ evidence of his assets, contained in affidavits lodged on Thursday after weeks of non-compliance with a judge’s orders.

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Mining magnate Bob Johnson faces court over alleged $38.5 million tax fraud
Tax 2021-07-30 2:16 pm By Bianca Hrovat

South Australian mining magnate Bob Johnson faced court Friday charged over a scheme to defraud the federal government of $38.5 million in taxes.

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