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Funder can’t stop Banksia class member from appealing $64M settlement
Class Actions 2018-06-08 12:15 am By Christine Caulfield

The litigation funder underwriting a class action over the collapse of Banksia Securities lost its bid Thursday to block a group member from challenging a $64 million settlement in the case.

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Corrs Chambers fights ruling that hit pause on GetSwift class action
Class Actions 2018-06-07 10:53 am By Christine Caulfield

Law firm Corrs Chambers Westgarth is following in the footsteps of Squire Patton Boggs, with both now challenging a ruling that halted their shareholder class actions against logistics startup GetSwift.

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Glenville wins appeal of privilege ruling in Amcor asbestos dispute
Environment 2018-06-04 10:58 pm By Cat Fredenburgh

Luxury home builder Glenville has won an appeal of a ruling that shielded certain documents from production by legal professional privilege in a lawsuit against global packaging giant Amcor over liability for asbestos remediation at a former Amcor paper mill site in a Melbourne suburb.

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ACCC loses appeal in Pfizer misuse of market power case
Competition & Consumer Protection 2018-05-25 3:05 pm By Christine Caulfield

In a major loss for the ACCC, the Full Federal Court on Friday tossed the competition regulator’s challenge to 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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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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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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Blockbuster loses appeal over franchisee’s unauthorised sale
Franchises 2018-05-18 9:28 pm By Christine Caulfield

Blockbuster has struck out in its challenge to a ruling that it could not recover a cent from a husband and wife franchisee after the pair sold the store’s assets without consent and admitted to breaching the franchise agreement.

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High Court grants ASIC leave to appeal Prime Trust case
Appeals 2018-05-18 9:01 pm By Christine Caulfield

The Australian Securities and Investments Commission has won leave to appeal to the High Court a ruling that threw out its case against former directors of collapsed retirement village owner Prime Trust. 

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Aerocare loses Federal Court appeal over workplace agreement
Employment 2018-05-16 3:52 pm By Christine Caulfield

The Full Federal Court on Tuesday dismissed an appeal by aviation services company Aerocare of a ruling rejecting an enterprise agreement the Transport Workers Union called “substandard”.

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Judge shoots down Optus challenge to Optum trade mark
Intellectual Property 2018-05-11 9:47 pm By Christine Caulfield

Telecom giant Optus has come up short in a Federal Court challenge to trademark registration for health services company Optum, with a judge saying the two company’s marks — despite the difference of just one letter — were distinct enough.

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