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Liquidators called in for missing Sydney businesswoman Melissa Caddick’s company
Restructuring & Insolvency 2020-12-15 4:15 pm By Miklos Bolza

A judge has appointed a provisional liquidator to a company owned by missing Sydney businesswoman Melissa Caddick, while criticising ASIC for not cooperating with her brother who is seeking to vary asset preservation orders made over his sister’s property.

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Retail Food Group acted unconscionably in dealings with franchisees, ACCC claims
Competition & Consumer Protection 2020-12-15 3:56 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has taken franchise giant Retail Food Group to court for allegedly misleading purchasers of loss-making franchises about the profitability or viability of its stores.

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Partner won’t seek to resurrect Rio Tinto claims in Deloitte age discrimination case
Employment 2020-12-15 2:30 pm By Miklos Bolza

A partner bringing a $3.8 million age discrimination lawsuit against Deloitte Touche Tohmatsu will not seek to replead claims struck out earlier this month that the accounting giant made misrepresentations to Rio Tinto.

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‘We have to get this case moving’: Judge orders indictment be filed in ANZ cartel case
Competition & Consumer Protection 2020-12-15 12:43 pm By Cat Fredenburgh

The Federal Court judge who is now overseeing a high stakes criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement has ordered that an indictment be filed by February 1, telling the parties “we have to get this case moving” and that he hoped to move the matter to trial “before we all retire”.

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BHP appeals ruling allowing foreign group members in shareholder class action
Appeals 2020-12-14 4:53 pm By Miklos Bolza

BHP Group Ltd has appealed a ruling allowing foreign group members to be part of a shareholder class action against the mining giant over the Fundao dam failure in Brazil five years ago.

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J&J units seeks discovery for possible lawsuit over chemotherapy drug
Intellectual Property 2020-12-14 4:24 pm By Cat Fredenburgh

Two units of US drug giant Johnson & Johnson have filed a lawsuit seeking preliminary discovery from Juno Pharmaceuticals for a possible patent lawsuit over a popular chemotherapy drug used to treat blood cancer.

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Judge allows Neurim to seek additional damages in patent suit over insomnia drug
Intellectual Property 2020-12-14 3:18 pm By Miklos Bolza

Neurim Pharmaceuticals can seek limited additional damages in a patent infringement case relating to its insomnia drug Circadin, after a judge granted a mid-trial bid to amend its pleadings against Generic Partners and Apotex.

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Judge wants to avoid ‘behemoth’ trial in $500M combustible cladding class action
Class Actions 2020-12-14 2:38 pm By Spencer Fowler Steen

A judge overseeing two class actions over allegedly flammable combustible cladding used in buildings throughout Australia says he will likely keep the trials separate to avoid a ā€˜behemothā€™ hearing.

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Reckitt’s ‘weak’ case dooms bid to kill Raid Max ads
Competition & Consumer Protection 2020-12-14 1:16 pm By Christine Caulfield

A judge has dismissed an attempt by a Reckitt Benckiser unit to block Raid insect spray ads by rival SC Johnson , saying the consumer goods giant had a “weak” prima facieĀ  case based on “excessively literal and strained” interpretations of the ads.

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‘Risky, illiquid and speculative’: Class action launched over Mayfair’s failed IPO Wealth Fund
Class Actions 2020-12-14 1:03 pm By Miklos Bolza

A class action has been filed against the trustee and responsible entity of the Mayfair Group’s IPO Wealth Fund, which was wound up in September after $86 million of investor funds were lost.

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