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Merck Sharpe & Dohme sues Lupin over Januvia patent
Intellectual Property 2020-09-07 2:44 pm By Cat Fredenburgh

US pharmaceutical giant Merck Sharp & Dohme has taken a unit of Indian generic manufacturer Lupin to court for allegedly threatening to infringe the patent for its multibillion-dollar diabetes drugs Januvia and Janumet.

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Hungry Jack’s ‘bemused’ by McDonald’s trade mark lawsuit
Intellectual Property 2020-09-07 12:53 pm By Cat Fredenburgh

Hungry Jack’s has struck back at allegations that it deliberately copied the look of McDonald’s classic ‘Big Mac’ with its new ‘Big Jack’ burger, saying customers would not confuse the burgers.

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Virgin ordered to fly engines to US, as creditors sign off on $3.5B sale to Bain
Restructuring & Insolvency 2020-09-04 7:44 pm By Alison Eveleigh

Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed to properly hand over the engines and other equipment to their owners.

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PwC faces class action by bondholders of collapsed lender Axsesstoday
Financial Services 2020-09-04 7:32 pm By Miklos Bolza

Irate bondholders of Axsesstoday Limited, which collapsed in 2019 after breaching its loan term conditions, have filed a class action against the asset finance lender and its accountant PwC seeking to recoup their losses.

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It’s a rap: Jay-Z settles IP spat over Little Homie children’s book
Intellectual Property 2020-09-04 4:38 pm By Christine Caulfield

International hip-hop star Jay-Z has quietly settled his spat with Australian children’s book manufacturer The Little Homie for what his lawyers called “flagrant, glaring and contumelious” intellectual property infringement.

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Barrister’s delay raises doubts about law firm’s fee agreement in Falls Festival class action
Class Actions 2020-09-04 3:32 pm By Miklos Bolza

An independent costs consultant has raised concerns about the legal costs sought by Maddens Lawyers from a $5.7 million settlement of the Falls Festival class action after the senior barrister leading the case delayed signing off on his rates with the law firm for a year.

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New class action against S&P faces delay over investor feud with funder
Class Actions 2020-09-04 1:15 pm By Alison Eveleigh

A new class action against S&P Global is facing potential delays as the two lead applicants — one embroiled in a battle over its funding agreement — ready for a fight over when to serve the lawsuit on the global ratings agency.

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ASIC takes Dixon Advisory to court over alleged conflicts of interest
Financial Services 2020-09-04 12:58 pm By Christine Caulfield

The corporate regulator has launched enforcement action against Dixon Advisory & Superannuation Services, accusing the financial services company of having conflicts of interest and providing inappropriate advice to clients.

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CBA hit with class action over grandfathered commissions
Class Actions 2020-09-03 10:28 pm By Cat Fredenburgh

A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.

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The Star takes insurers to court in test case over COVID-19 losses
Insurance 2020-09-03 5:57 pm By Alison Eveleigh

Sydney’s Star Casino is taking its insurers to court in a bid to claim the losses it has suffered as a result of Government restrictions enacted to stop the spread of COVID-19.

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