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TFS pelvic mesh class action reaches partial settlement
Class Actions 2023-02-22 12:48 pm By Sam Matthews

A class action filed on behalf of women injured by allegedly defective pelvic mesh products has reached a settlement with the insurer of defunct device maker TFS Manufacturing.

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Full Court urged to toss ASIC’s ‘fatal’ appeal in CBA conflicted remuneration case
Financial Services 2023-02-22 5:46 pm By Cindy Cameronne

The Commonwealth Bank of Australia has urged the Full Court to toss ASIC’s challenge to a decision dismissing its conflicted remuneration case over the bank’s sale of its Essential Super product, saying the appeal suffered from “fatal” flaws.

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BCC loses appeal over $8M trade credit policy to Phoenix financier
Appeals 2023-02-21 1:00 pm By Cindy Cameronne

Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.

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Landmark Santos greenwashing case to centre on meaning of ‘clean’
Climate change 2023-02-21 10:02 pm By Sam Matthews

A case brought by a shareholder advocacy group accusing Santos of misleading the market by ‘greenwashing’ its environmental credentials will centre on the meaning of the word ‘clean’, a court has heard.

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Broker loses appeal of 2014 banning order, again
Appeals 2023-02-21 3:11 pm By Cindy Cameronne

A mortgage broker has lost his challenge to a tribunal’s decision to uphold a lifelong ban by the Australian Securities and Investments Commission.

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King & Wood Mallesons drops Ye in case against College Dropout Burgers
Intellectual Property 2023-02-20 11:29 pm By Christine Caulfield

Big Six firm King & Wood Mallesons has withdrawn its representation of US rapper Ye in his case against a small Melbourne restaurant after the artist reportedly failed to instruct his lawyers.

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Judge won’t stay crypto class action against Qoin issuer
Cryptocurrency 2023-02-20 8:27 pm By Cat Fredenburgh

A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.

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Uber loses bid to pare back taxi driver class action
Class Actions 2023-02-20 10:34 am By Sam Matthews

A judge has dismissed Uber’s application to trim down a class action brought by taxi and hire car drivers in four states over the introduction of UberX, finding that cutting claims related to the hire care driver group would cause “real prejudice”.

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Advanta Seeds wins more time to renew patent after law firm slip-up
Intellectual Property 2023-02-20 3:51 pm By Sam Matthews

Agricultural giant Nufarm has lost its appeal of a decision giving rival Advanta Seeds extra time to pay a renewal fee for its patent for a hybrid plant cell, after an error by its lawyers caused the renewal to fall through the cracks.

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Pitcher Partners can’t toss claims in $127M fight with Twigg family
Accounting 2023-02-20 10:57 pm By Sam Matthews

Accounting firm Pitcher Partners has lost an application to dismiss a $127 million lawsuit by the family of race car driver Max Twigg as an abuse of process, with a judge rejecting its claim that the proceedings were deliberately delayed.

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