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Lexapro maker squares off with generics in latest IP battle
Intellectual Property 2018-04-16 9:19 pm By Miklos Bolza

The maker of the anti-depressant Lexapro faced off Monday against Apotex, Aspen Pharma and Sandoz at a court hearing over the rights to make generic versions of the top-selling product, with a barrister for Lundbeck slamming the three companies’ defence that their drugs were different.

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Ethicon plaintiffs win post-trial bid to expand class
Product Liability 2018-04-16 9:14 pm By Cat Fredenburgh

The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don’t include a proper warning. 

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Quinn Emanuel looking at class action against insurer JLT
Class Actions 2018-04-16 3:32 pm By Cat Fredenburgh

Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.

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At S&P class action trial, city treasurer accused of being ‘careless’
Class Actions 2018-04-14 1:38 pm By Christine Caulfield

A former treasurer for Coffs Harbour City Council was “careless” for not analysing the financial products he invested millions of dollars of the city’s funds into, a lawyer for ANZ said last week at a class action trial against the bank and US ratings agency S&P Global.

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Rush claims Nationwide grasping for subpoena in defamation case
Media 2018-04-14 12:22 pm By Miklos Bolza

A barrister for actor Geoffrey Rush has accused Nationwide News of wanting to change its defence purely to gain access to Sydney Theatre Company documents blocked by an earlier judgment.

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Qantas can’t use lawyer in unfair dismissal case, FWC rules again
Employment 2018-04-07 12:10 am By Christine Caulfield

Qantas has struck out a second time in a week in a bid to have an outside lawyer represent it in proceedings before the Fair Work Commission, with a commissioner saying Thursday the airline was “more than capable” of representing itself.

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Judge criticizes class action cost consultants again
Shine Lawyers 2018-04-06 11:42 pm By Cat Fredenburgh

Federal Court Justice Michael Lee has again weighed in on the use of cost consultants to assess legal fees in class actions, saying that they should be “consigned to the dustbin of procedural history.”

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ANZ to pay $3M after ASIC probe
Financial Services 2018-04-06 10:07 pm By Christine Caulfield

Australia and New Zealand Banking Group Limited has agreed to pay $3 million after an ASIC investigation found it failed to provide annual reviews to wealth management customers that paid for the service.

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NBN’s viability in doubt, ACCC says in final communications report
Telecommunications 2018-04-05 10:48 pm By Cat Fredenburgh

The Australian consumer regulator has questioned the long-term commercial viability of the NBN, saying consumers may lose their appetite for increased broadband speeds when the network’s prices go up.

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ACCC’s Sims compares big four banks to synchronised swimming
Financial Services 2018-04-05 10:00 pm By Cat Fredenburgh

The head of the Australian Competition and Consumer Commission said Thursday that when it comes to mortgage prices, the behaviour of Australia’s big four banks looks more like synchronised swimming than vigorous competition. 

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