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Brookfield wins conditional approval for $10B Neoen play
ACCC 2024-10-31 11:59 pm By Andy Sidler

The ACCC will clear asset manager Brookfield’s $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen’s Victorian assets and projects.

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BHP class action gets 3 extra weeks for high-stakes trial
Class Actions 2024-10-30 11:03 pm By Sam Matthews

A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.

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Ninth junior doctors class action launched after courtroom victories
Class Actions 2024-10-30 11:15 pm By Sam Matthews

A ninth class action has been filed on behalf of junior doctors in Victoria who were allegedly underpaid for shift work, after two landmark wins in the Gordon Legal-led underpayments class actions.

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Xero paid engineer less than male colleagues for taking parental leave: suit
Employment 2024-10-30 11:57 pm By Christine Caulfield

Accounting software company Xero allegedly told a female engineer her salary was lower than male colleagues because her skillset had diminished on parental leave.

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Cipla attacks patent extension for Novo Nordisk weight loss drug
Intellectual Property 2024-10-30 11:01 pm By Andy Sidler

Cipla is opposing the extension of Novo Nordiskā€™s patent for its Victoza weight loss and diabetes drug, arguing extensions can only be granted for active ingredients and not entire formulations.

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ASIC sues Oak Capital for alleged Credit Code dodge on $37M in loans
Competition & Consumer Protection 2024-10-30 11:06 pm By Cat Fredenburgh

ASIC claims non-bank lender Oak Capital engaged in unconscionable conduct by deliberating employing a business model to skirt the National Credit Code when issuing $37 million in loans.

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Government wants to stay 12-year-old dispute over Abilify generic
Intellectual Property 2024-10-30 11:12 pm By Cindy Cameronne

The Commonwealth has argued that a long-running dispute involving drug makers Otsuka, Bristol-Myers Squibb and Generic Health should be put on ice until the High Court rules in a separate matter.

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Medibank says Deloitte data breach report not relevant in shareholder class action
Privacy & Cybersecurity 2024-10-29 11:43 pm By Cindy Cameronne

Medibank is seeking to shield from a shareholder class action an “irrelevant” post-incident report by Deloitte into its massive October 2022 data breach.

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Freehills the firm of choice for MinRes, WiseTech as bosses face scrutiny
Article 2024-10-29 11:50 pm By Christine Caulfield

As Mineral Resources and WiseTech face shareholder glare over accusations levelled at their billionaire bosses, it is Herbert Smith Freehills that their embattled boards have turned to.

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Judge rejects franchisees’ ‘colourable’ cross-claims against United Petroleum
Franchises 2024-10-29 11:34 pm By Sam Matthews

United Petroleum will not face cross-claims by franchisees, with a judge calling the bid ā€œa very colourable applicationā€ to create overlap with a class action in the Supreme Court.

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