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AMP denies acting unconscionably by charging dead customers for life insurance
Financial Services 2022-05-10 9:50 pm By Cindy Cameronne

AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate regulator alleging it continued to charge advice fees and life insurance premiums to customers who had died. 

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Pfizer sues drug companies over Enbrel biosimilar
Intellectual Property 2022-05-10 11:38 pm By Cat Fredenburgh

Pharmaceutical giant Pfizer has fired off a lawsuit against four drug companies for allegedly infringing one of its patents for biologic Enbrel by selling a biosimilar of the blockbuster arthritis drug in Australia.

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ASIC says Australian Mines lied about funding for ‘critical’ $500M project
Energy & Natural Resources 2022-05-10 4:53 pm By Cat Fredenburgh

The corporate regulator has taken Australian Mines to court after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.

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‘I wish I’d never gone to lunch’: Banksia’s ‘postbox’ solicitor rues day he dined with Mark Elliott
Class Actions 2022-05-09 8:59 pm By Christine Caulfield

A solicitor fighting to remain on the roll after his involvement in the infamous Banksia Securities class action has told of his regret at having lunch with the funder behind the case eight years ago — a meeting that set in motion a plot driven by lawyers to deceive seven Supreme Court judges and defraud thousands of investors.

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Showbiz ‘different to other workplaces’, Craig McLachlan’s lawyer tells court
Defamation 2022-05-09 9:41 pm By Sam Matthews

A parade of actors are expected to take the stand and testify against Craig McLachlan at a trial that kicked off Monday in his defamation case against Rocky Horror Show co-star Christie Whelan Browne and publishers ABC and Fairfax.

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KPMG should have advised Gunns to notify growers of new financing, class action says
Class Actions 2022-05-09 10:01 pm By Cindy Cameronne

A class action over the failure of six managed investment schemes for eucalyptus wood in Tasmania has accused KPMG of failing to advise forestry giant Gunns that it had to tell growers about $720 million in financing it sought in 2007.

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Sale of Melissa Caddick’s Dover Heights mansion ‘could turn into a circus’, court hears
White Collar 2022-05-09 10:27 pm By Cat Fredenburgh

Court-appointed receivers have told the court they should be trusted to determine the the best method for selling the Dover Heights mansion of Sydney fraudster Melissa Caddick, warning a public auction “could turn into a circus”.

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Google fends off appeal in doctor’s defamation case over hyperlinks
Defamation 2022-05-09 2:11 pm By Cindy Cameronne

Google has fought off a legal challenge to a decision rejecting a South Australian doctor’s bid to access search data and internal company documents in her second defamation claim against the tech giant over alleged defamatory material in search results.

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Sparke Helmore should face higher damages bill for negligence, developer says
Professional Negligence 2022-05-06 4:51 pm By Cat Fredenburgh

A NSW developer says law firm Sparke Helmore should face a heftier damages bill for its negligence in failing to alert it to an imminent deadline in two land sale contracts worth a combined $1.5 million that were part of a troubled $30 million development.

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Apple faces battle to protect Touch ID source code in patent stoush
Intellectual Property 2022-05-06 2:16 pm By Cindy Cameronne

Apple is “unlikely” to avoid production of the source code for its Touch ID and Face ID technology to an Australian non-practicing entity that has sued the Silicon Valley company for patent infringement, a judge has said.

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