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Fairfax loses strike-out bid in defamation suit over Facebook comments
Defamation 2023-10-05 11:34 pm By Cat Fredenburgh

A judge has denied Fairfax’s bid to strike out allegations by a Western Australian businessman that it was the publisher of allegedly defamatory comments that appeared on one of its Facebook pages.

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Crypto is ‘not money’: Finder Wallet fights ASIC case
Cryptocurrency 2023-10-04 9:33 pm By Cindy Cameronne

Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but instead allowed customers to purchase an asset and acted as a marketing tool to funnel users to its app.Ā 

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AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another round of mediation, even as the wealth manager appeals a judge’s liability finding.

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Ex-Greenwoods partner asks High Court to weigh in on whistleblower protections
High Court 2023-10-04 11:25 pm By Cat Fredenburgh

A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.

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Law firm dropped from Sydney light rail class action
Class Actions 2023-10-04 2:22 pm By Cindy Cameronne

The law firm on record for a class action over the Sydney Light Rail has been dropped by the lead plaintiffs and replaced by class action boutique Banton Group after the firmsā€™ relationship broke down while running the case together.Ā 

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United Petroleum says class action firm can’t ‘veto’ chats with group members
Franchises 2023-10-04 9:50 pm By Sam Matthews

United Petroleum, which is facing a franchisee class action over allegedly loss-making Pie Face stores, is resisting a plaintiff law firm’s bid for ā€œa right of vetoā€ over the petrol giant’s communications with group members, even those not represented by the firm.

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Crypto gambling site Stake.com fights TM suit over Aussie launch
Intellectual Property 2023-10-04 2:02 pm By Cindy Cameronne

Global cryptocurrency and gambling website Stake.com is fighting to strike out claims in a lawsuit by Sydney-based online investment platform Stake over a planned Australian launch.

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ASIC takes aim at payday lenders after court found they can’t dodge Credit Act
Financial Services 2023-10-03 11:37 pm By Cat Fredenburgh

The corporate regulator has again initiated proceedings against Gold Coast-based BHF Solutions and Cigno for allegedly providing credit without a licence after the lenders failed to convince the Full Court that their services fell outside the scope of the Credit Act.

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PFAS class action member faces opt out hurdle after $22M settlement
Class Actions 2023-10-03 1:44 pm By Cindy Cameronne

A resident of the Wreck Bay Aboriginal Community has been granted more time to decide whether he wants to bring a late bid to opt out of a class action after a $22 million settlement over PFAS contamination was approved, but a judge has warned he will face a high bar.Ā 

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Court hands win to Boehringer in fight over Zoetis vaccine patents
Intellectual Property 2023-10-03 11:51 pm By Sam Matthews

German drug maker Boehringer has prevailed in its Federal Court fight against US rival Zoetis over the validity of three patents covering pig vaccines.

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