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ASIC has taken two NAB wealth management units to court for allegedly charging superannuation members around $100 million in fees for services they never received.
Monster Energy loses challenges to trade mark registrations
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Energy drink giant Monster Energy Company has come up short in two oppositions to trade mark registrations which it claimed would infringe its marks.
Codeine patents involve natural parts that can’t be patented, court told
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TPI Enterprises has gone on the offensive in a patent lawsuit initiated by rival poppy processor Tasmanian Alkaloids, saying the patents at the centre of the suit describe natural parts that can’t be patented.
Hearing aid cos. face $2.5M fine over misleading ads
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Two hearing aid companies have agreed to pay a $2.5 million penalty over ads that misled pensioners about benefits available under the government’s Hearing Services Program, and the ACCC has warned another enforcement action against a hearing aid company is imminent.
Reckitt wins round in challenge to S.C. Johnson toilet bowl cleaner patent
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Consumer goods giant Reckitt Benckiser has successfully opposed a proposed patent for a toilet bowl cleaner filed by rival S.C. Johnson, but a delegate for IP Australia has allowed the company to amend its patent application.
Adani faces $2.7M fine over spill at Abbot Point coal terminal
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An Adani Group subsidiary is facing a fine of up to $2.7 million in an enforcement action by Queensland’s environment regulator over an unauthorised discharge of sediment water from its Abbot Point Coal terminal.
Disgraced gynaecologist Emil Gayed faces potential class action
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Plaintiffs law firm Slater & Gordon is considering a class action against gynaecologist Dr. Emil Gayed, who was found guilty of professional misconduct after patients complained of undergoing unnecessary surgery and not giving informed consent to procedures.
Cryosite hits back at ACCC ‘gun jumping’ claims
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Biologics company Cryosite has denied claims by the ACCC that it engaged in cartel conduct by referring customers to Cell Care before their asset sale agreement was completed, saying the two were not competitors.
Sirtex buyout sparks insolvency fears by class action
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Concerns that the proposed acquisition of Sirtex Medical by a Chinese private equity firm would leave the company with insufficient funds to cover a settlement or judgement in a class action were eased Wednesday, after a barrister said the takeover would leave the company with just under $1 billion in assets.
Inhibox maker used Allergan’s Botox trade mark for comparison’s sake, court hears
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The company that manufactures Botox alternatives has denied infringing on Allergan’s Botox trade mark, telling a court Wednesday its use of the word was for comparative purposes only.