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TransUrban to pay $9.26B for WestConnex stake
Competition & Consumer Protection 2018-08-31 1:09 pm By Cat Fredenburgh

A consortium led by TransUrban will pay $9.26 billion for a 51 per cent stake in in the WestConnex highway project, one day after the ACCC found the deal would not substantially lessen competition.

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Judges to up scrutiny of confidentiality in class action settlements
Analysis 2018-08-30 11:30 pm By Christine Caulfield

The decision by a federal judge to refuse calls for a confidentiality order keeping under wraps S&P Global’s massive class action settlement is a welcome one, experts say, and a preview of judgments to come.

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Bannister Law mulls direct life insurance class action
Class Actions 2018-08-30 10:47 pm By Cat Fredenburgh

Bannister Law is investigating a possible class action against providers of direct life insurance, in the wake of an ASIC report that found many insurers used aggressive sales tactics and didn’t provide consumers with enough information about the products they sold.

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Hytera ordered to hand over source code in Motorola IP dispute
Intellectual Property 2018-08-30 9:41 pm By Miklos Bolza

Chinese tech company Hytera Communications Corporation has been ordered to hand over source code for all radio devices at the heart of a international patent dispute with Motorola Solutions.

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Mark Latham’s defamation defence the ‘antithesis of a pleading’, judge says
Defamation 2018-08-30 9:18 pm By Miklos Bolza

A judge on Thursday struck out former Prime Minister Mark Latham’s defence in a defamation case filed against him by the political editor of pop culture site Junkee, calling it an “extraordinary document” and the “antithesis of a pleading”.

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Alphapharm says Sanofi patent amendment should doom injunction bid
Intellectual Property 2018-08-30 9:13 pm By Miklos Bolza

Generic drug maker Alphapharm is fighting a bid by global pharmaceutical giant Sanofi-Aventis to block the listing of one of its injector pens, saying the proposed injunction should be denied because Sanofi is seeking to amend the patent at issue.

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Murray Goulburn, ex-boss close to settling ACCC case
Competition & Consumer Protection 2018-08-30 1:53 pm By Christine Caulfield

Murray Goulburn and its former CEO appear to be nearing a settlement with the consumer watchdog over claims the dairy producer misled farmers in three states about farmgate milk prices.

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S&P, ANZ pay $215M to settle class actions over CDO ratings
Class Actions 2018-08-30 11:22 am By Miklos Bolza

S&P Global will pay $215 million to settle six consolidated class actions brought by investors over toxic CDOs, a figure revealed by the Federal Court on Thursday despite calls that it be kept secret.

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ACCC greenlights TransUrban bid for WestConnex stake
Competition & Consumer Protection 2018-08-30 10:55 am By Cat Fredenburgh

The ACCC has approved TransUrban’s bid for a majority stake in the WestConnex highway project, after TransUrban agreed to publish toll data to help bidders compete for toll road concessions. 

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$40M class action launched over Sydney Light Rail project
Class Actions 2018-08-29 10:12 pm By Cat Fredenburgh

A group of 61 business owners has filed a class action against the NSW government alleging they suffered losses as a result of the Sydney Light Rail project.

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