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MIS regime ‘just cannot work’ for class action funding arrangements, court told
Class Actions 2022-05-25 10:46 pm By Christine Caulfield

A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court Wednesday the decision was plainly wrong and the regime unworkable.

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Former Noumi GC drops unfair dismissal lawsuit
Employment 2022-05-25 1:57 pm By Cindy Cameronne

Former secretary and general counsel for Noumi, formerly known as Freedom Foods, has dropped her unfair dismissal lawsuit after the maker of the popular Vitalife and MilkLab products tossed claims accusing her of serious misconduct. 

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‘Chickens coming home to roost’: NSW faces multiplying claims by junior doctors
Employment 2022-05-25 3:53 pm By Sam Matthews

The New South Wales government has pushed to consolidate a class action accusing it of failing to pay overtime hours to junior doctors with multiplying industrial actions filed by Australian Salaried Medical Officers’ Federation.

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Wotton + Kearney opens Adelaide office, nabs Sparke Helmore special counsel
Insurance 2022-05-25 10:09 pm By Cindy Cameronne

Insurance law firm Wotton + Kearney has opened its seventh office across Australia and New Zealand, expanding into Adelaide to meet local client demand and allow lawyers to work from their home town after the pandemic. 

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Victoria’s triple-zero operator faces class action investigation
Class Actions 2022-05-24 10:30 am By Cat Fredenburgh

Victoria’s Emergency Services Telecommunications Authority may be hit with a class action over alleged systemic failures in its ambulance call handling operations that may have led to at least 15 deaths.

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Insurer Bond & Credit Company points finger at Greensill Group
Insurance 2022-05-24 3:01 pm By Christine Caulfield

Insurer Bond & Credit Company has denied it owes damages over the collapse of the Greensill group, saying it issued a trade credit policy at the centre of four lawsuits because the supply chain financing firm concealed its risks and made fraudulent misrepresentations.

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Forex Capital liquidators win ‘urgent’ order for $69.5M distribution to customers
Restructuring & Insolvency 2022-05-24 5:42 pm By Cindy Cameronne

Forex Capital Trading liquidators have won an “urgent” bid for orders allowing them to distribute $69.5 million to 8,600 former customers of the derivatives trader which allegedly gave misleading advice on products described as “little more than gambling”.

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‘Hold Crown to account’: Victoria proposes tougher gambling laws
Gaming 2022-05-24 9:49 pm By Cat Fredenburgh

The Victorian government has unveiled new laws that would give the state’s gambling regulator enhanced powers to take action against Crown Melbourne.

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Full clinical trial not needed for Parkinson’s drug patent, IP Australia says
Intellectual Property 2022-05-24 12:32 pm By Sam Matthews

An IP Australia delegate has rejected German drug maker Ever Neuro Pharma’s claim that extensive experimental evidence was needed to prove the usefulness of a Parkinson’s drug developed by UK-based Britannia Pharmaceuticals.

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Suncorp Group settles class action ahead of 25-day trial
Class Actions 2022-05-23 1:07 pm By Sam Matthews

A unit of Suncorp Group has reached an in-principle settlement in a class action over alleged conflicted remuneration on the first day of an expected 25-day trial.

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