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Bega ratchets up claims in peanut butter feud with Kraft
Competition & Consumer Protection 2018-05-24 9:49 pm By Cat Fredenburgh

Bega Cheese has brought new allegations against Kraft in their dispute over who owns the rights to the signature Kraft peanut butter packaging in Australia.

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Judge denies bid to axe claim against lawyer in Deep Investments case
Securities 2018-05-23 11:00 pm By Cat Fredenburgh

A solicitor caught up in a lawsuit over alleged share trading losses has lost his bid to have misleading and deceptive conduct claims brought against him dropped.

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Judge sets date for opposing bovine gene patent changes
Intellectual Property 2018-05-23 12:40 pm By Cat Fredenburgh

The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent. 

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Optus fined $1.5M for misleading customers about NBN transition
Competition & Consumer Protection 2018-05-23 11:38 am By Cat Fredenburgh

Telecom giant Optus has been ordered to pay a $1.5 million penalty for misleading customers about the transition to the National Broadband Network.

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Judge throws out S&P damages expert in CDO trial
Securities 2018-05-22 3:37 pm By Cat Fredenburgh

A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.

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ACCC awaits judgment in Pfizer misuse of market power appeal
Competition & Consumer Protection 2018-05-22 12:43 pm By Cat Fredenburgh

The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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TWU can’t stall $270k penalty for lax record keeping
Employment 2018-05-21 11:46 pm By Cat Fredenburgh

The Transport Workers Union has lost its bid for a stay of a court order that it pay a $270,000 penalty for allegedly keeping almost 21,000 lapsed members on its register and failing to keep copies of records. 

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Former Freenet director hit with fraud charges
Technology 2018-05-21 10:49 pm By Cat Fredenburgh

Australia’s corporate regulator has brought fraud charges against the former director of failed internet company Freenet, alleging he took money from the company and used false invoices to conceal the theft. 

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Judge axes claim in NAB Docklands construction dispute
Construction 2018-05-21 10:16 pm By Cat Fredenburgh

A judge has upheld a court referee’s dismissal of construction subcontractor Brighton Australia’s claim  that global contractor Multiplex violated the Australian Consumer Law by making misrepresentations in a subcontract for construction work on the NAB flagship office building in the Melbourne’s Docklands neighborhood.

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IOOF shareholder gets discovery ok for possible class action
Class Actions 2018-05-18 9:18 pm By Cat Fredenburgh

An IOOF shareholder mulling a class action against the financial services company over reports that it failed to inform ASIC about allegations of insider trading and front running by its employees has won court approval for preliminary discovery.

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