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State Street drops Fearless Girl trade mark case against super fund
Arnold Bloch Leibler 2019-10-14 3:25 pm By Cat Fredenburgh Melbourne

US asset management firm State Street has dropped its trade mark claims against a second superannuation fund over its iconic Fearless Girl statue, leaving law firm Maurice Blackburn as the lone defendant as a November trial date approaches.

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Prominent silk Kate Eastman accused of bias in Israel Folau case
Employment 2019-10-10 11:12 pm By Cat Fredenburgh Melbourne

Former Wallabies star Israel Folau says a tribunal’s decision to terminate his contract with Rugby Australia over homophobic social media posts has no effect due to the apprehended bias of one of its members, prominent barrister and LGBTI rights advocate Kate Eastman.

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Insolvency practitioners’ fees to face scrutiny in latest government inquiry
Restructuring & Insolvency 2019-10-10 9:44 pm By Cat Fredenburgh Melbourne

A new government inquiry will look at the fees and practices of insolvency professionals and whether the current insolvency system is set up to help struggling businesses turn around.

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ACCC approves Viva Energy’s bid for Liberty Oil’s wholesale business
Competition & Consumer Protection 2019-10-10 12:33 pm By Cat Fredenburgh Melbourne

The competition regulator has signed off on Viva Energy’s proposed acquisition of the remaining 50 per cent of Liberty Oil’s wholesale business, saying the deal was not likely to substantially likely to lessen competition in the wholesale fuel market.

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NBN gets ACCC warning for ‘serious breach’ of non-discrimination obligations
Competition & Consumer Protection 2019-10-09 5:06 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has issued a formal warning to national broadband network operator NBN Co for what the regulator called a “serious breach” of its non-discrimination obligations to retail service providers.

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Apple can patent iPhone swipe invention, Patent Office says
FPA Patent Attorneys 2019-10-09 2:40 pm By Cat Fredenburgh Melbourne

Silicon Valley giant Apple can patent an iPhone configuration that allows users to swap out a set of icons with a swipe of the screen while leaving other unchanged, overcoming an examiner’s objection that the invention is obvious and lacks inventive step.

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Ernst & Young strikes out with third party claims against failed LM Investment
Alan Shearer 2019-10-08 11:47 pm By Cat Fredenburgh Melbourne

Ernst & Young, which is facing a lawsuit brought by the receiver of a fund overseen by failed financial services firm LM Investment Management, has lost its bid to file a claim for damages against LMIM, with a judge saying the auditor’s case was “flawed” and “counterintuitive”.

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ANZ to set aside additional $485M for post Hayne customer remediation
ASIC 2019-10-08 11:08 pm By Cat Fredenburgh Melbourne

ANZ has announced it will set aside an additional $485 million to remediate customers affected by its fees and interest calculations, just days after NAB told shareholders it would set aside a further $1.18 billion to compensate customers affected by dodgy fees and advice.

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Judge signs off on $725K in fees in $1.2M recycling plant fire class action settlement
Claire Nicholson 2019-10-07 10:58 pm By Cat Fredenburgh Melbourne

A judge has approved $725,000 in fees for Maddens Lawyers in signing off on a $1.2 million settlement in a class action over a 2017 fire at the Coolaroo recycling plant fire in Victoria, saying if the matter went to trial the firm’s bill would “far exceed” the value of the case.

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Sacked HWL Ebsworth lawyer fights to revive unfair dismissal case
Appeals 2019-10-07 11:58 am By Cat Fredenburgh Melbourne

A former HWL Ebsworth special counsel has appealed a ruling that tossed his unlawful dismissal case against the firm as “trivial” and “wholly unrealistic”.

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