The delay, filed in court on Friday, can cost Paramount $1.7bn in fees if the deal is not closed by next June.
Louis Vuitton is set to face off against China’s trademark regulator in a Chinese intellectual property court on Thursday, as the French luxury brand deals with public backlash in China over a separate legal battle against a local milk tea brand. Louis Vuitton Malletier filed the administrative lawsuit against the China National Intellectual Property Administration (CNIPA), with a Chinese individual – Huang Minyao – joined as a third party, according to a notice published by the Beijing...
After a Chinese milk tea brand was ordered by a Suzhou court to pay Louis Vuitton 10.3 million yuan (US$1.5 million) for trademark infringement, many internet users expressed their support for the mainland company, with some claiming they have lost their positive impression of the luxury brand following the case. The news of the verdict, announced in early July, has been viewed 400 million times on Weibo, alongside a hashtag “Molly Tea lost the lawsuit but won the public’s heart,” which...
A mainland Chinese court has claimed jurisdiction over an investor lawsuit against a Hong Kong-listed firm for the first time, with the move likely to increase scrutiny of corporate disclosures. Mainland investors filed the lawsuit with the Beijing Financial Court, alleging that an overseas-incorporated company had failed to disclose irregular loans, unauthorised guarantees and related-party transactions in 2017 and 2018, in violation of Hong Kong’s listing rules, according to a recent report by...
The Australian Competition and Consumer Commission (ACCC) says Amazon has broken consumer protection law
Australia’s competition regulator said on Tuesday it had taken Amazon’s Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to its video streaming platform. The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfair Prime Video contract terms to make negative changes for over 1 million annual subscribers without offering...