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Tech error affecting 22K group members delays $50M ANZ class action settlement
Class Actions 2025-04-23 10:59 pm By Andy Sidler

Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath’s computing process.

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In loss for ASIC, Full Court finds crypto currency provider did not need AFSL
Appeals 2025-04-23 11:24 pm By Sam Matthews

The Full Court has granted a cross-appeal by crypto currency provider Block Earner, finding its did not need a financial services licence because its crypto product is not a financial product.

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Sanofi loses challenge to Amgen patents for cholesterol-busting Repatha
Intellectual Property 2025-04-23 1:13 pm By Christine Caulfield

Drug giant Sanofi has failed in its appeal of a decision granting applications by biopharmaceutical company Amgen for patents covering the cholesterol-lowering treatment Repatha.

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‘Confusing’ group definition struck out in Mercedes-Benz class action
Class Actions 2025-04-23 11:11 pm By Andy Sidler

A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.

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ACCC accuses LDV of misleading consumers about cars’ durability
Competition & Consumer Protection 2025-04-23 11:33 pm By Cat Fredenburgh

The ACCC has taken car importer LDV to court for allegedly representing to consumers that certain car models were durable and suitable for off-road conditions, when in reality they were prone to rusting within five years of purchase.

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CWP probes BP’s purchase of Macquarie stake in Australian Renewable Energy Hub
Energy & Natural Resources 2025-04-23 11:54 pm By Cat Fredenburgh

BP’s joint venture partner on one of the world’s largest renewable energy projects has filed court proceedings seeking information  about BP’s acquisition of Macquarie’s stake in the project.

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‘Far-fetched and uncommercial’ take on PPAs rejected in spat over NT power plants
Transportation & Infrastructure 2025-04-23 11:17 pm By Christine Caulfield

Electricity provider Rimfire Energy has prevailed in a fight with the builders of two power plants in the Northern Territory, winning $1.4 million in damages for a four-year delay in reaching target operating dates.

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Green hydrogen company Infinite Green Energy faces winding up bid
Energy & Natural Resources 2025-04-23 11:51 pm By Cat Fredenburgh

A judge has adjourned a creditor’s winding up application against Perth-based green hydrogen company Infinite Green Energy, finding the delay could lead to a better outcome for creditors.

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Green Critical Minerals in deal to develop graphite for data centres
Technology 2025-04-23 11:29 pm By Sam Matthews

Green Critical Minerals has signed a deal with Australian data centre operator GreenSquareDC to develop heat management products with VHD graphite.

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Builder Kuatro fails in appeal in SOPA case against Elite Formwork
Construction 2025-04-23 11:40 pm By Andy Sidler

A court has ordered builder Kuatro Build to pay concrete subcontractor Elite Formwork more than $500,000 in progress payments for work on a Sydney development, finding no error in an adjudicator’s determination.

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