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Bayer’s parasite treatment patent bites the dust after challenge by Abbey
Agriculture 2020-06-10 9:22 pm By Cat Fredenburgh Sydney

Animal health company Abbey Laboratories has successfully challenged an application by rival Bayer Australia for a patent covering a treatment for biting lice.

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Commonwealth Bank faces class action over ‘junk’ insurance
CBA 2020-06-10 8:52 am By Cat Fredenburgh Melbourne

The Commonwealth Bank of Australia has become the latest Big Four bank to be hit with a class action over the sales of allegedly worthless insurance products.

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ASIC can’t avoid trial in defamation lawsuit by Queensland mortgage firm
ASIC 2020-06-09 9:53 pm By Cat Fredenburgh Melbourne

The Australian Securities and Investments Commission will have to face trial in a defamation lawsuit brought by a Queensland building and mortgage company over two media releases the corporate regulator issued in 2018 and 2019, after defeating a separate $10 million defamation case last year.

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‘New marketing opportunity’: Judge sees injunction’s silver lining in In-N-Out trade mark dispute
Baker McKenzie 2020-06-09 2:35 pm By Cat Fredenburgh Melbourne

A Sydney burger chain that was ordered to change its name after losing a trade mark lawsuit by popular American burger franchise In-N-Out has lost its request to stay the ruling, with a judge finding the company had “greatly exaggerated” the costs of the name switch, which she called “a new marketing opportunity”.

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Victoria Beckham drops challenge to ‘VB’ trade marks
Intellectual Property 2020-06-09 12:08 pm By Cat Fredenburgh Melbourne

Victoria Beckham has dropped a lawsuit seeking to block Sydney-based skincare company VB Skinlab from registering two VB trade marks, which the fashion designer and former Spice Girl claimed sought to trade off the reputation of her VB marks.

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CBA hit with $5M penalty for overcharging customers
ASIC 2020-06-05 4:05 pm By Cat Fredenburgh Melbourne

A judge has approved a $5 million penalty against the Commonwealth Bank of Australia for overcharging customers $8 million in fees and interest on its agricultural products, despite previously expressing concerns that the penalty was “on the light side”.

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Game over: Sony to pay $3.5M for misleading PlayStation representations
ACCC 2020-06-05 1:42 pm By Cat Fredenburgh Melbourne

Gaming giant Sony has agreed to pay a $3.5 million penalty to settle proceedings brought by the ACCC for making misleading consumer representations to purchasers of PlayStation games.

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Ex-Ferrari CEO tried to convince employee to have abortion, court papers show
Employment 2020-06-04 11:19 pm By Cat Fredenburgh Melbourne

The former CEO of Ferrari Australasia allegedly tried to talk an employee with whom he was having an affair into terminating her pregnancy, according to his lawsuit alleging he was unfairly sacked for engaging in what was “routine” behaviour among the upper ranks at the prestige car maker.

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Clive Palmer defeats $100M in claims by Queensland Nickel liquidator
Energy & Natural Resources 2020-06-03 11:21 pm By Cat Fredenburgh Melbourne

Clive Palmer has defeated over $100 million in claims brought by the liquidator of Queensland Nickel over the $200 million collapse of the the mining company in 2016, with the Queensland politician threatening a possible lawsuit against the liquidator and the funder that backed the claims, Vannin Capital.

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Union unfairly sacked official over Labor conference spat, lawsuit claims
Employment 2020-06-03 9:53 pm By Cat Fredenburgh Melbourne

An official employed with a local branch of the Finance Sector Union claims he was unfairly dismissed after resisting a union directive to send a delegation to a Victorian Labor party conference held in November at which delegates from the CFMEU staged a walkout.

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