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Firstmac slams Zip Pay provider’s defences in fight over ‘Zip’ trade mark
Financial Services 2022-03-08 11:30 pm By Cat Fredenburgh Melbourne

Buy now, pay later giant Zip Co cannot rely on its infringing use of the ‘Zip’ trade mark to defend a lawsuit by the mark’s owner Firstmac, the mortgage provider’s barrister told a judge on the first day of trial in the high-stakes intellectual property dispute.

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Energy Beverages tries to revive ‘Mother’ trade marks
Appeals 2022-03-08 3:41 pm By Cat Fredenburgh Melbourne

The maker of Mother brand energy drinks has filed an appeal challenging a judge’s decision to remove two of its registered ‘Mother’ trade marks for non-use.

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Settlement talks in Astora pelvic mesh class action ‘well advanced’
AJB Stevens 2022-03-03 9:57 pm By Miklos Bolza Sydney

Settlement talks in a class action brought by Shine Lawyers against Astora Women’s Health on behalf of women injured by allegedly defective pelvic mesh products are “well advanced”, while mediation in two similar actions is ongoing, a court has heard.

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Abandoned IVF clinic merger no win for ACCC, judge says
ACCC 2022-03-01 4:54 pm By Christine Caulfield Melbourne

The ACCC got what it wanted when IVF providers Virtus Health and Healius terminated a proposed $45 million merger, but it wasn’t a win, a judge has said in mostly denying the regulator’s bid to recover the costs of its court challenge to the deal.

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Celgene drops patent suit against Dr Reddy’s over Revlimid generic
Bristol-Myers Squibb 2022-02-25 11:15 am By Cat Fredenburgh Melbourne

Bristol-Myers Squibb unit Celgene has dropped a lawsuit accusing Indian generics company Dr Reddy’s Laboraties of threatening to infringe its patent for Revlimid with the planned launch of a generic version of the blockbuster cancer drug in Australia.

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Judge trashes Energy Beverages’ ‘Mother’ trade marks
Ben Cameron 2022-02-22 5:56 pm By Sam Matthews Melbourne

Energy Beverages, which makes Mother brand energy drinks, has failed to convince a judge that two of its ‘Mother’ trade marks should not be removed for non-use.

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Ill-fated cartel case shows ACCC should stay out of financial markets, ex-Deutsche Bank CEO says
ACCC 2022-02-11 7:23 pm By Cat Fredenburgh Melbourne

The CDPP’s decision to drop all criminal cartel charges against two banks and four individuals in a “test case” over a $2.5 billion ANZ share placement shows the ACCC “lacks expertise and objectivity” on the financial markets and should leave them to ASIC to regulate, according to one of the former accused.

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Charges dropped in landmark criminal cartel case over $2.5B ANZ share placement
ANZ 2022-02-11 11:03 am By Cat Fredenburgh Melbourne

In a stunning reversal, the Commonwealth Director of Public Prosecution has dropped all criminal cartel charges against two investment banks and four individuals in relation to a $2.5 billion ANZ share placement, four years after the charges were brought following an allegedly questionable investigation by the ACCC.

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Meta, Instagram lose appeal bid to arbitrate startup’s competition case
Competition & Consumer Protection 2022-02-04 1:58 pm By Christine Caulfield Melbourne

An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.

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Arrium lenders hit with extra costs after rejecting $10M settlement offers
Amy Munro 2022-01-07 11:27 am By Bianca Hrovat Sydney

A group of banks that failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse have been ordered to pay indemnity costs after a court found they rejected $10 million settlement offers three days into the trial.

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