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Business as usual as Clayton Utz reps AMP in ASIC case
Article 2018-07-02 1:11 pm By Christine Caulfield Melbourne

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.

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Dover founder leaves financial services industry for good
Article 2018-06-29 11:01 pm By Christine Caulfield Melbourne

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.

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D’Aquino Bros served suit for ‘flagrant’ infringement of Scotch Whisky trade mark
Article 2018-06-29 10:49 pm By Miklos Bolza Sydney

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.

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Australia wins WTO case on plain tobacco packaging
Article 2018-06-29 5:42 pm By Christine Caulfield Melbourne

In a landmark ruling, the World Trade Organisation has backed Australia’s controversial law imposing plain packaging on tobacco products, finding the law did not violate intellectual property rights.

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Soft-drink giants await ruling in trade mark war over colour green
Article 2018-06-28 11:45 pm By Christine Caulfield Melbourne

A ruling in a trademark battle between two beverage giants over a shade of green is set to be handed down next week, and the decision could provide fresh guidance on what a company needs to do to successfully claim a colour as a ‘badge of origin’.

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ASIC bans former NAB advisor for incompetence
Article 2018-06-28 11:40 pm By Christine Caulfield

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.

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Toyota supervisor sacked for ‘benevolent sexism’, FWC says
Article 2018-06-27 11:15 pm By Christine Caulfield Melbourne

A Toyota supervisor’s “overly sexualised” remarks to young female workers were a “blatant form of benevolent sexism”, the Fair Work Commission has found in upholding the car maker’s dismissal of the long-time employee.

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Funder attacks Westpac’s ‘dangerous’ intentions in class action
Allens 2018-06-27 11:10 pm By Miklos Bolza Sydney

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.

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ASIC takes AMP to court over insurance policy churn
Article 2018-06-27 10:35 pm By Christine Caulfield Melbourne

AMP’s financial planning unit was hit Wednesday with an enforcement action by the corporate regulator alleging its planners generated extra commissions by replacing, rather than transferring, life insurance policies for existing clients.

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Herbert Smith Freehills wins case over United’s failed IPO
Article 2018-06-26 11:50 pm By Christine Caulfield Melbourne

Herbert Smith Freehills has prevailed in a suit by United Petroleum alleging the law firm and former United chairman Martin Hudson breached their duties to the company when they pulled a planned initial public offering in 2016.

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