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Judge tosses Vagisil maker’s challenge to European rival’s trade mark
Appeals 2020-02-04 11:43 am By Miklos Bolza Sydney

The international company behind the Vagisil feminine hygiene brand has lost its bid to stop a European competitor from registering Vagisan as a trade mark in Australia.

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Visy ordered to pay $1.6M to bubble wrap maker over licence for Chobani spoons
Clare Cunliffe 2020-02-03 5:17 pm By Miklos Bolza Sydney

The company behind the ubiquitous bubble wrap has won a consumer case against Visy Packaging, with the Federal Court awarding almost $3 million in damages after finding a spoon-lid combination supplied to yoghurt maker Chobani breached an exclusive licence agreement.

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Rabbi loses defamation case over coverage of child sex abuse comments
Defamation 2020-02-03 2:22 pm By Miklos Bolza Sydney

A Sydney rabbi who told the Royal Commission into Child Sexual Abuse that he did not know touching a child’s genitals was a crime has lost a defamation case against SBS and the Murdoch-owned Nationwide News, with the NSW Supreme Court finding that the media “accurately reported” the rabbi’s own words.

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US class action firms pounce on Westpac
Allens 2020-02-03 2:08 pm By Cat Fredenburgh Melbourne

Westpac is now facing at least eight class actions in various US courts seeking $200 million from the bank for allegedly failing to alert shareholders to violations of anti-money laundering laws.

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Myer shareholders get second chance to prove loss in class action
Class Actions 2020-02-03 1:15 pm By Christine Caulfield Melbourne

After failing to persuade the court at trial, shareholders in a class action against Myer have another chance to prove they suffered financial loss after the department store was found to have repeatedly neglected to correct an inflated profit forecast from former CEO Bernie Brookes five years ago.

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Court temporarily bars DP World strike over automation
Employment 2020-02-03 12:25 pm By Miklos Bolza Sydney

A division of the CFMEU has criticised a court ruling barring members from industrial action against stevedoring giant DP World Australia Group, calling it an “alarming attack on democratic rights”.

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Kleenmaid founder’s brother can’t dodge conviction over $13M Westpac fraud
Consumer Goods 2020-02-03 12:01 pm By Cat Fredenburgh Melbourne

The brother of the founder of defunct whitegoods distributor Kleenmaid has lost an appeal seeking to overturn his conviction on fraud and insolvent trading charges for masterminding a $13 million fraud against Westpac.

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Don’t expect ‘Rolls Royce’ ruling, frustrated cartel magistrate says
ACCC 2020-01-31 11:26 pm By Cat Fredenburgh Sydney

A sideshow evidentiary dispute in a committal hearing in a landmark criminal cartel case against ANZ and two investment banks has drawn to a close, but not before testing the patience of a magistrate, who warned her ruling would be far from a “Rolls Royce decision”.

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JPMorgan slams ANZ’s ‘conspiratorial allegations’ of collusion by regulators
ACCC 2020-01-31 10:18 pm By Miklos Bolza Sydney

JPMorgan has taken ANZ to task for its “heroic endeavours to create an air of suspicion” around the conduct of ASIC and the ACCC prior to the filing of a landmark criminal cartel case, slamming the allegations as purely speculative.

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Judge gives law firms 3 weeks to join a Westpac class action beauty parade
Class Actions 2020-01-31 9:48 pm By Christine Caulfield Melbourne

A judge overseeing the first of what could be many shareholder class actions over Westpac’s anti-money laundering breaches — brought by class action specialists Phi Finney McDonald — has given other law firms a three-week deadline to notify the court if they plan to file competing proceedings.

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