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Diversa faces APRA investigation over executive pay
Superannuation trustee Diversa is facing an investigating by the Australian Prudential Regulation Authority into its executive remuneration practices.
DC Comics drops challenge to ‘kryptonite diet’ trade mark
DC Comics has dropped its appeal of a ruling allowing a Sydney man's registration of 'kryptonite diet' as a trade mark, which it argued had been made in bad faith given its sizable reputation in the fictional substance from the Superman franchise.
ACCC alleges collection agency, legal practice sent 320,000 misleading debt notices
The ACCC has taken a debt collection agency and an associated legal practice to court for sending 320,000 allegedly misleading debt notices, describing the legal practice's alleged conduct as "particularly troubling".
Kegstar offers remedy to win ACCC clearance for Konvoy acquisition
US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.
Diversa points finger in ASIC’s $300M case over First Guardian
Super trustee Diversa has denied it is liable for $300 million in alleged investor losses after it made the First Guardian Master Fund available on its platform, pointing the finger at responsible entity Falcon Capital, its directors and ASX-listed promoter Praemium.
Monash IVF, Medmate pinged for collecting data without consent
The privacy watchdog has found fertility provider Monash IVF and telehealth company Medmate interfered with the privacy of people whose sensitive data was collected online for targeted advertising.
Robodebt class action judge OKs record $550M settlement, halves funder payout
A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission. 
Block Earner will have to produce legal advice to avoid penalty in ASIC case: expert
A financial licensing expert has predicted that cryptocurrency firm Block Earner will have to produce the legal advice that saw it avoid a penalty at first instance, after the High Court found last week that it needed a financial services licence. 
JustAnswer agrees to $10M penalty in ACCC subscriptions trap case
Advice platform JustAnswer has agreed to a $10 million penalty in the consumer’s watchdog’s case accusing the company of duping customers into signing up for expensive monthly subscriptions.
Clash of kings: Storage giant loses trade mark battle
Storage King has failed in its opposition to a trade mark application by Sydney-based Rubbish Removal Kings, with IP Australia saying 'king' was a “common laudatory word".