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In tossing inventor’s IP challenge, Full Court says essential oil a ‘staple commercial product’
Andrew Fox 2022-05-27 10:41 pm By Cindy Cameronne

The Full Federal Court has rejected an Australian inventor’s appeal of a ruling that found three manufacturers of essential oil products did not infringe his patent because the oil was a “staple commercial product”.

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Seeley challenge to ‘natural cool air’ trade mark gets chilly reception
Campbell Thompson 2022-05-27 3:59 pm By Sam Matthews

Air-conditioning giant Seeley is appealing a decision by IP Australia shooting down its bid to block a father-son team from registering their ‘Natural Cool Air’ trade mark.

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EY settles class action claims over Slater & Gordon audits
Accounting 2022-05-26 10:49 pm By Cat Fredenburgh

Ernst & Young has settled all claims against it in a shareholder class action alleging the Big Four accounting firm and Pitcher Partners signed off on an overly rosy year-end financial report that failed to disclose risks and impairments associated with the law firm’s disastrous $1.2 billion acquisition of UK insurance claims company Quindell.

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‘This is not a computer game’: Thomson Geer rails against remote witnesses in negligence case
Catherine Pierce 2022-05-26 3:50 pm By Sam Matthews

A judge has allowed three witnesses for HK Realway to give evidence by video link at an upcoming negligence trial against Thomson Geer, over protests from the firm, which said it would be inherently unfair.

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Dover Financial, ex-director mull lawsuit against ASIC
ASIC 2022-05-26 9:33 pm By Cindy Cameronne

Defunct financial advisory firm Dover Financial and its former director have taken ASIC to court seeking discovery as they mull a potential lawsuit against the corporate regulator.

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‘Diamond Joe’ Gutnick sued for $500,000 over mining tenements
Contracts 2022-05-26 5:25 pm By Sam Matthews

Mining company Moina Gold has sued Joseph ‘Diamond Joe’ Gutnick for $500,000 it says it is owed over an alleged botched contract to explore three mineral tenements in Tasmania.

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ASIC cancels licence of Mayfair-linked Quattro Capital
ASIC 2022-05-26 1:40 pm By Sam Matthews

The Australian Securities and Investments Commission has cancelled the Australian financial services license of Quattro Capital, which counted two Mayfair 101 entities among its corporate authorised representatives.

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Twigg family sues Pitcher Partners for $127M
Accounting 2022-05-25 6:54 pm By Cindy Cameronne

The Twigg family has hit accounting firm Pitcher Partners with a lawsuit claiming it helped Max Twigg, race car driver and former owner of the Byron Bay Hotel, misappropriate $127.8 million in family trust money for himself.

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MIS regime ‘just cannot work’ for class action funding arrangements, court told
Adam Hochroth 2022-05-25 10:46 pm By Christine Caulfield

A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court Wednesday the decision was plainly wrong and the regime unworkable.

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Former Noumi GC drops unfair dismissal lawsuit
Andrew Gotting 2022-05-25 1:57 pm By Cindy Cameronne

Former secretary and general counsel for Noumi, formerly known as Freedom Foods, has dropped her unfair dismissal lawsuit after the maker of the popular Vitalife and MilkLab products tossed claims accusing her of serious misconduct. 

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