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ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
The former chairman of BBY has been charged with aiding and abetting dishonest conduct while head of the board at the defunct stockbroking firm.
Flu vaccine maker Seqirus has successfully opposed Moderna’s proposed patent for a mRNA vaccine, but an IP Australia delegate said the problems with the patent can be overcome by amendments.
The Fair Work Ombudsman has launched action against a labour hire company for allegedly failing to pay compensation to a pregnant worker sacked from the Royal Hotel Granville.
A former director of collapsed Melbourne derivatives broker Berndale Capital Securities will spend a year in jail after pleading guilty to offences connected to his misuse of company funds.
Two proponents of Bitcoin Cash have battled before IP Australia over the trade mark 'Bitcoin Cash City', with one claiming he coined it in a text message in 2019.
Construction PRO
Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.
Former CFMEU figure John Setka has denied the workplace watchdog’s claims that he tried to coerce the AFL into sacking its head umpire over his previous role at the Australian Building and Construction Commission, saying the union had a legitimate political interest in polemicising against an “anti-unionist” officiating “a working man’s sport”.
Payday lenders BSF Solutions and Cigno have lost an appeal in action by ASIC alleging they engaged in unlicensed credit activity and charged prohibited fees, in the case's second run up to the Full Federal Court.
A judge has criticised Mayfair Group’s “directing mind” James Mawhinney in a do-over of ASIC’s case over notes tied to Mission Beach properties, saying “vociferous and continuous efforts” to blame others, including lawyers, for investor losses did not reflect well on him.