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High Court to decide if pensions count as lost earnings
Product Liability 2018-02-26 2:47 pm By Cat Fredenburgh

The High Court of Australia will tackle the question of whether injured plaintiffs in tort cases are entitled to damages for the future loss of superannuation and the age pension.

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Australian litigation funder values caseload at $4.7B
Class Actions 2018-02-26 2:38 pm By Cat Fredenburgh

It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.

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ASIC bans life insurance adviser for 5 years
Financial Services 2018-02-23 8:54 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients’ best interests, the second action taken by the corporate regulator through a project that uses data to target bad life insurance advisers.

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Westpac faces new claim in life insurance class action
Class Actions 2018-02-23 8:39 pm By Cat Fredenburgh

Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class action lawyers have told a court.

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Ex-Charter Financial adviser banned for fleecing elderly clients
Financial Services 2018-02-22 9:08 pm By Cat Fredenburgh

A former financial adviser for Charter Financial Planning has been permanently barred from providing financial advice by Australia’s corporate regulator after it found he deducted almost $67,000 in fees for advice he never gave.

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Judge in sports betting class action won’t recuse himself
Class Actions 2018-02-22 8:34 pm By Cat Fredenburgh

A judge overseeing a class action brought by investors in a sports betting scheme has shot down a lawyer’s mid-trial bid that he recuse himself.

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Google bid for ad patent shot down by IP Australia
Intellectual Property 2018-02-22 8:19 pm By Cat Fredenburgh

IP Australia has denied Google’s application for approval of a patent covering advertising price discounting, saying it was not a manner of manufacture and therefore not patentable.

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Norton Rose dispute with ex-partner heads to mediation
Employment 2018-02-22 8:09 pm By Cat Fredenburgh

A bitter court battle over the firing of a Norton Rose Fulbright employment partner in which the firm admitted it retroactively signed and dated a court document will soon head to mediation.

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Sanofi wins challenge to Reckitt-Benckiser lozenge patent
Intellectual Property 2018-02-22 7:58 pm By Cat Fredenburgh

The Australian Patent Office has shot down a patent application covering throat lozenges by consumer goods giant Reckitt-Benckiser on a challenge by rival Sanofi-Aventis.

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GetSwift hit with $300M shareholder class action
Class Actions 2018-02-21 8:56 pm By Cat Fredenburgh

Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.

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