Westpac, one of Australia’s largest banks, to pay $920 million penalty over money laundering scandal

September 24, 2020 Westpac, one of Australia’s largest banks, to pay $920 million penalty over money laundering scandal [ by Legal Era News Network ] Westpac, one of Australia’s largest banks, has agreed to pay a record-breaking penalty of 1.3 billion Australian dollar ($920 million) for systematically allowing money laundering. Westpac also admitted as part

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Mitsubishi Electric wins trademark infringement lawsuit against factory-automation product counterfeiters in China

September 16, 2020 Mitsubishi Electric wins trademark infringement lawsuit against factory-automation product counterfeiters in China [ by Legal Era News Network ] Mitsubishi Electric Corporation announced that the Guangzhou Intellectual Property Court has upheld an earlier ruling in Mitsubishi Electric’s favor regarding infringement of the company’s trademarks by Guangzhou Lingye Automation Equipment, Guangzhou Longyan Automation

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HCL’s US subsidiary faces patent infringement claim with respect to one of its software products

August 31, 2020 HCL’s US subsidiary faces patent infringement claim with respect to one of its software products [ by Legal Era News Network ] HCL America, the US subsidiary of software exporter HCL Technologies, is facing a patent infringement claim related to one of its software products filed by Texas-based Coretek Services. The lawsuit

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USITC opens probe into Apple for patent infringement

August 24, 2020 USITC opens probe into Apple for patent infringement [ by Legal Era News Network ] The United States International Trade Commission (USITC) said that it has launched an investigation under Section 337 to find whether the Apple mobile and Mac devices violate patents owned by Japanese consumer electronics company Maxell Holdings. Section

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