ASIC ban of RI Advice financial planner accused of double charging clients sticks

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A tribunal has rejected a bid for review of ASIC’s decision to permanently ban an RI Advice financial planner who was accused of double charging his clients.

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Court throws out ‘absurd’ ruling on patent term extensions

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A judge has overturned a ruling from the Australian Patent Office that shortened the amount of time available to companies under patent term extensions, saying a “liberal rather than literal” reading was needed to achieve the extension regime’s goals of compensating holders of drug patents for the lengthy time required to obtain regulatory approval to market their drugs.

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Nine hit with defamation lawsuit over 60 Minutes branch stacking report

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Former Victoria Labor politician Adem Somyurek has hit Nine with a defamation lawsuit over a 60 Minutes segment and two articles that appeared in The Age that accused him of corruption and branch stacking and branded him the ‘factional kingpin’ of the Australian Labor Party.

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Tatts takes ATO to court over deduction for $120M lotto licence

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Tabcorp-owned Tatts Group has appealed a finding from the Commissioner of Taxation that it cannot deduct a $120 million lotto licence from it assessable income for the 2017 financial year.

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Secure Logic faces potential criminal prosecution for employee spying

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Cyber security company Secure Logic Group has won an injunction barring two former executives from using confidential information, but the victory is a Pyrrhic one for the firm, whose covert surveillance of one of the executives could lead to criminal charges.

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Ex-Kleenmaid director wins retrial on charges relating to $13M Westpac fraud

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An appeals court has set aside the fraud and insolvent trading conviction of Andrew Young, founder of defunct whitegoods distributor Kleenmaid, and ordered a retrial after finding a jury should have determined whether he was mentally fit to stand trial.

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Roberts-Smith hired private investigator to check ex-partner had abortion, court hears

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Former SAS soldier Ben Roberts-Smith has told a court that he hired a private investigator to find out whether a woman who has accused him of domestic violence had an abortion and to obtain the home addresses of six SAS soldiers set to give evidence in his defamation trial.

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King & Wood Mallesons’ Luke Hawthorne on why patent law is so cool

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King & Wood Mallesons senior associate Luke Hawthorne lives to roll up his sleeves and delve into the “weird and wonderful” technologies behind the patent cases he works on.

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NAB wins $43M judgment against ex-Dick Smith director but receivers walk away empty handed

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A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims against company directors brought by HSBC and the retailer’s receivers.

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