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Business as usual as Clayton Utz reps AMP in ASIC case
Clayton Utz, the law firm that faced scrutiny over the independence of a report it authored for AMP, is representing the wealth manager in ASIC's case over so-called insurance churning.
Dover founder leaves financial services industry for good
The founder of Dover Financial Advisers will never work in the industry again, he has told the Australian Securities and Investments Commission as part of a court-enforceable undertaking that also strips the firm of its operating licence.
D’Aquino Bros served suit for ‘flagrant’ infringement of Scotch Whisky trade mark
Liquor distributor D'Aquino Bros has been taken to court again, accused for the fourth time of "flagrant" trade mark infringement for continuing to sell products under the name, Scotch Whisky.
Murray Goulburn class can’t get docs to pursue Herbert Smith Freehills
The lead applicant in a class action against Murray Goulburn has lost a bid for access to documents showing the dairy cooperative’s trust consulted with a QC about possible negligence claims against Herbert Smith Freehills.
CrownBet was ‘controlling mind’ behind Betstar cybersquatting: WIPO
The World Intellectual Property Organisation has found bookmaker CrownBet was the "controlling mind" behind the cybersquatting of four domains that allegedly violated rival Betstar's trade marks.
Ford class action trial date vacated for ‘procedural failures’
The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant's numerous "procedural failures".
ASIC bans former NAB advisor for incompetence
The Australian Securities and Investments Commission has banned former NAB advisor Graeme Cowper from offering financial services for four years, after an investigation found he was not up to the job.
Judge fears tying Federal Court’s hands in AMP class action battle
A NSW Supreme Court judge has voiced concerns in an unprecedented jurisdictional battle that a decision that leaves competing class actions against AMP still raging in separate courts may force the Federal Court into a corner.
Kmart denies CEO misled streetwear co. over cargo pants
Kmart has filed its defence denying claims in a suit alleging CEO Guy Russo gave false assurances that the department store had revamped a line of cargo pants and shorts that infringed the copyright of Australian streetwear manufacturer Globe International.
Funder attacks Westpac’s ‘dangerous’ intentions in class action
Litigation funder JustKapital went on the attack in court on Wednesday, saying Westpac's objections to the terms of a proposed funding order in a class action against the bank were dangerously suspect.