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US-based multinational firm Jones Day has lured a partner from Clayton Utz to join its intellectual property team in Melbourne.
ASIC takes Harvey Norman to court over ‘no deposit, interest free’ ads
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The Australian Securities and Investments Commission has brought action against Harvey Norman over allegedly misleading ads about its interest-free finance.
Aldi could owe $10M for failing to compensate workers for ‘pre-work’
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The Shop, Distributive & Allied Employees’ Association has struck a blow for Aldi warehouse workers, with a judge ordering the supermarket giant to backpay its workers for unpaid pre-work duties undertaken since 2018.
Microsoft comes up short in IP retrial after ‘regrettable’ $2.8M judgment
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A judge has dismissed the majority of Microsoft’s six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.
Facebook page admin hit with $205,000 judgment for defamatory comments
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A judge has ordered a Victoria local councillor to pay a developer $205,000 in damages after finding he was responsible for comments on a community Facebook page he ran that alleged the developer was corrupt.
Judge throws out ASIC evidence on tweets in ASX Wolf Trader’s case
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The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, has won his bid to exclude ASIC’s evidence about the meaning of his tweets in its case accusing him of providing unlicensed financial services.
ANZ denies firing ex-money markets head over sexual harassment, APRA reporting complaints
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The Australian and New Zealand Banking Group has hit back at allegations by its former head of money markets that he was sacked for making complaints about sexual harassment by senior managers at the bank and false reporting to the prudential regulator.
Court appoints liquidator to litigation funder after claims of misuse of funds
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Liquidators have been appointed to a litigation funder behind a funding agreement ripped up by the court last year that would have given it a hefty 85 per cent commission.
‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
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Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.
Humm points finger at Forum Finance in SMBC’s $34M lawsuit
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Fintech Humm has admitted to making “misrepresentations” to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.