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AMP hopeful of settlement in $35.5M poaching dispute
AMP has expressed optimism that it will be able to reach a settlement with DST Bluedoor in a $35.5 million lawsuit accusing it of poaching 11 DST employees after licensing the software company's online platform.
PE Capital ordered into liquidation after running unregistered investment schemes
A court has ordered the winding up of investment manager PE Capital Funds Management, whose responsible entity Endeavour Securities has connections to collapsed financial services company Linchpin Capital.
Forum Finance director can’t block receivers from selling waterfront homes
Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac's fraud case against him.
Bristol-Myers Squibb to open up cancer treatment program to settle Merck Sharpe & Dohme lawsuit
Bristol-Myers Squibb has agreed to open up its subsidised treatment program for stage IV melanoma patients to individuals who have been treated with drugs made by its competitors to settle a misuse of market power lawsuit brought by rival Merck Sharpe & Dohme.
Macpherson Kelley faces trial over botched lease that gave Shell extra land
Macpherson Kelley is headed for trial next week in a case that alleges the law firm bungled the execution of a 10-year lease agreement with Shell for a service station in Melbourne, giving the energy giant an extra 320 square metres equating to $2.5 million in lost rent for its landlord client.
Citing ‘leisure wear effect’, MySuper class action seeks in-person hearing
The parties in a class action accusing a Commonwealth Bank of Australia unit of breaching its superannuation trustee duties want the matter to be heard in person and are willing to foot the bill for the judge to travel to Sydney to make it happen.
‘The bar has been raised’: Westpac sacking over work drinks touching upheld
The Fair Work Commission has upheld the dismissal of a long-serving Westpac manager who touched a colleague "in an intimate manner" at an after-work drinks, warning that such behaviour will be judged against higher standards than in the past.
IP Australia puts kibosh on extension for Bayer’s contraceptive patent
IP Australia has quashed an extension for a patent covering a Bayer oral contraceptive, saying the extension should have been calculated based on a drug that was included on the Australian Register of Therapeutic Goods at an earlier date.
SAS soldiers panned ‘bulls–t’ commendation awarded to Ben Roberts-Smith, court told
It was common knowledge that SAS soldiers sought the retraction of a “bulls--t” commendation awarded to war veteran Ben Roberts-Smith for acts of bravery in Afghanistan in 2012, a trial in a defamation case against Fairfax has heard.
Herbert Smith Freehills snags technology law expert from PwC
Herbert Smith Freehills has appointed technology law specialist Cameron Whittfield as part of its plan to be a dominant global player in the technology, cyber security and digital space.