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Star extends deadline for Salter Brothers $940M refinancing
Restructuring & Insolvency 2025-03-25 10:59 pm By Cat Fredenburgh

Star has extended the exclusivity period for a potential $940 million refinancing deal with Salter Brothers as the struggling casino operator races to head off insolvency.

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Novartis loses appeal over patent for heart drug Entresto
Intellectual Property 2025-03-24 11:50 pm By Cat Fredenburgh

Pharmacor will be allowed to sell a generic version of heart drug Entresto after the Full Court rejected Swiss drug giant Novartis’ appeal of a ruling that found an extension of the term of its patent for the drug was invalidly granted.

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DePuy class action group member appeals failed challenge to payout
Appeals 2025-03-24 11:04 pm By Cat Fredenburgh

A group member in a class action against Johnson & Johnson unit DePuy has filed an appeal after he lost a challenge to his compensation determination, 12 years after the case settled.

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AIA snags general counsel from MLC Life
Business of Law 2025-03-24 11:10 pm By Cat Fredenburgh

Grant Jones has been appointed general counsel at insurer AIA Australia after nearly a decade at competitor MLC Life.

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Hells Angels member settles defamation case against News Corp
Defamation 2025-03-21 11:17 pm By Cat Fredenburgh

News Corp has agreed to removed posts that allegedly defamed a senior member of the Hells Angels bikie gang by labelling him a “cocaine kingpin” and “fugitive from justice”.

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Fortrend challenges ruling on bonuses for Shaw & Partners defectors
Appeals 2025-03-21 11:45 pm By Cat Fredenburgh

Fortrend Securities has appealed a finding that it breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners.

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CDPP drops charges against ex-G8 Education director
White Collar 2025-03-20 5:08 pm By Cat Fredenburgh

The CDPP has dropped charges against former G8 Education director Jennifer Hutson related to the ASX-listed childcare company’s 2015 takeover bid for Affinity Education Group.

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ACCC issues guidance for ‘serial’ and ‘killer’ deals under new framework
Competition & Consumer Protection 2025-03-20 11:44 pm By Cat Fredenburgh

The ACCC has issued guidelines on a new merger review framework that will commence in a few months, outlining when so-called ‘serial’ and ‘killer’ acquisitions may come under fire. Draft merger assessment guidelines released Thursday detail the analytical framework the Australian Competition and Consumer Commission will bring to bear when deciding whether to green light…

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Who’s the ‘Mac’? Macquarie asks Federal Court to decide
Intellectual Property 2025-03-20 3:16 pm By Cat Fredenburgh

Macquarie’s fight with a NSW credit union — which saw the bank’s ‘Macbank’ trade mark cancelled because, a delegate found, it had only been used colloquially — has landed in the Federal Court.   

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High Court asked to overturn landmark tax ruling
Tax 2025-03-19 4:35 pm By Cat Fredenburgh

The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.

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