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REA, Domain settle trade mark lawsuit over realestate.com redirect
Property listing rivals REA Group and Domain have settled a trade mark lawsuit over an agreement between Domain and the owner of US website realestate.com to redirect Australian traffic to Domain's website.
Judge lifts injunction won by State Street against Maurice Blackburn’s Fearless Girl
Maurice Blackburn has persuaded a judge to lift a temporary injunction that blocked the law firm from going ahead with plans to unveil a replica of the iconic New York statue, Fearless Girl, at Melbourne's Federation Square for International Women's Day.
ASIC foreshadows multiple criminal cases in wake of royal commission
ASIC has wasted no time in the wake of a critical report from the banking royal commission, reporting a 50 percent spike in investigations into financial services companies since the beginning of the month and promising a number of criminal referrals are on the horizon.
Judge rules for investors in class action over conman Peter Foster’s sports betting scam
A judge has ruled for investors in a class action alleging they sank $12.3 million into a sports trading scam masterminded by convicted conman Peter Foster, saying they were entitled to recover their misappropriated money from the "notorious confidence trickster".
ASIC appeals loss in Westpac personal advice case
The Australian Securities and Investments Commission has appealed a ruling that two Westpac units did not provide personal financial advice as part of a campaign encouraging customers to roll over external superannuation accounts.
ACCC cuts collusion claims as trial against Pacific National, Aurizon comes to an end
The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.
ASIC to seek harsher penalties against banks, execs
ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seek harsher civil and criminal sanctions against banks, their executives and others that breach the corporate and financial services law.
Maurice Blackburn faces trade mark infringement suit over Fearless Girl replica
US financial services giant State Street Global Advisers has brought legal action against Maurice Blackburn Lawyers, alleging the law firm's plan to erect a copy of its Fearless Girl statue in Australia violates its trade mark and breaches consumer laws.
Cryosite offers $1M to resolve ACCC’s first ‘gun-jumping’ case
Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator's landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.
Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.