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ACCC’s loss in Pfizer misuse of market power case to stand
Competition & Consumer Protection 2018-10-19 2:27 pm By Cat Fredenburgh

The High Court has dismissed the ACCC’s bid to appeal a Full Federal Court decision upholding a ruling that drug giant Pfizer did not misuse its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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PwC gets court ok to file lawsuit against Vocation
Class Actions 2018-10-19 1:54 pm By Cat Fredenburgh

PriceWaterHouse Coopers has received the green light to launch court action to pursue its cross claims against failed educational training company Vocation.

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High Court won’t hear Yazaki appeal of $46M fine
Competition & Consumer Protection 2018-10-19 12:10 pm By Cat Fredenburgh

Japanese car parts manufacturer Yazaki will have to pay a $46 million penalty for price-fixing, now that the High Court has refused to hear its appeal of the record competition fine.

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ACCC sets new bar for competition penalties
Competition & Consumer Protection 2018-10-18 11:34 pm By Cat Fredenburgh

The ACCC secured $120.1 million in competition penalties in the 2017-18 financial year, including a record $46 million fine, and with a strong influx of immunity applications throughout the year, the cartel cop shows no signs of slowing down.

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Judge stays $2.6M judgment against QBE over steel mill collapse
Insurance 2018-10-18 7:36 pm By Cat Fredenburgh

A Federal Court judge has stayed a $2.6 million award against QBE Insurance (Australia) to cover losses related to the 2014 collapse of steel product manufacturer Independent Tube Mills in 2014.

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In-house counsel warm to litigation finance
Business of Law 2018-10-18 4:51 pm By Cat Fredenburgh

In-house counsel are becoming more open to litigation finance as a means to manage risk, according to a new report.

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Manic Panic founders defeat opposition to ‘Tish’ trade mark
Intellectual Property 2018-10-17 5:02 pm By Cat Fredenburgh

The punk icons behind the vibrant hair dye Manic Panic have defeated an opposition to their bid to register the trade mark “Tish” for hair care products in Australia.

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Ex-credit union CEO charged over board vote-rigging probe
White Collar 2018-10-17 3:55 pm By Cat Fredenburgh

The former CEO of a Victoria-based credit union has been hit with a criminal charge in relation to an ASIC probe into voting irregularities during a 2015 election for two company board seats.

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Federal Court to weigh in on genome editing patent
Intellectual Property 2018-10-17 3:22 pm By Cat Fredenburgh

A South Korean biotech company has filed an appeal with the Federal Court after an Ashurst partner succeeded in opposing the company’s proposed patent for a genome editing technology.

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Goodman Fielder fights bid to have pasta trade marks deregistered
Intellectual Property 2018-10-16 11:15 pm By Cat Fredenburgh

Food manufacturer Goodman Fielder has shot back against claims by rival Conga Foods that six of its trade marks for pasta products should be deregistered for non-use.

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