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Fuchs infringed Quaker patents at BHP mine, court finds
Intellectual Property 2020-04-21 7:43 pm By Miklos Bolza

The Federal Court has found that Fuchs Lubricants infringed two patents owned by Quaker Chemicals by supplying hydraulic fluid to a Queensland mine owned by BHP Billiton Mitsubishi Alliance.

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Aurora Funds loses challenge to ruling over soured Molopo Energy takeover
Corporate 2020-04-21 12:56 pm By Christine Caulfield

A court has upheld two decisions by the Australian Government Takeovers Panel that a bid by asset manager Aurora Funds Management to replace Molopo Energy’s directors was made in “unacceptable circumstances”.

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Grocon wins dispute over $20M Telstra Exchange project
Construction 2020-04-20 3:41 pm By Alison Eveleigh

Grocon has won a $1 million dispute with contractor Construction Profile over the construction of the $20 million Telstra Exchange project in Manly.

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Legitimacy of barristers’ $2.65M Banksia class action bill in question, court told
Class Actions 2020-04-20 2:42 pm By Miklos Bolza

Two barristers facing professional misconduct allegations in relation to the Banksia securities class action submitted more than $2.65 million in legal bills without documentation more than five years after the class action was filed and may have done so at the behest of funder Mark Elliott, a court has heard.

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Victoria Beckham takes Sydney skincare company to court over ‘VB’ marks
Intellectual Property 2020-04-20 11:27 am By Cat Fredenburgh

Fashion designer and former Spice Girl Victoria Beckham has taken Sydney-based skincare company VB Skinlab to court, alleging it attempted to register two trade marks to trade off the reputation of her ‘VB’ marks.

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Cellos Software wins $42M from ex-boss who secretly sold shares
Securities 2020-04-17 11:08 pm By Christine Caulfield

Communications software company Cellos Software has been awarded $42 million in damages from its former CEO and director Jason Huber, who secretly bought and sold millions of company shares for personal profit.

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Westpac class action denied AUSTRAC docs while multiplicity issue unresolved
Class Actions 2020-04-17 3:40 pm By Alison Eveleigh

The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially sensitive documents until the law firms behind the class actions work out how their competing cases will proceed.

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Judge tosses Viterra’s ‘wholly unreasonable’ bid to reopen Cargill case
Corporate 2020-04-17 3:26 pm By Cat Fredenburgh

Grain handling group Viterra has been denied a post-hearing bid to reopen a lawsuit brought by Cargill Australia over its $420 million acquisition of Joe White, with a judge finding the application would lead to “substantial disruption and delay”.

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High Court takes up challenge to AMP class action beauty parade
Appeals 2020-04-17 2:15 pm By Christine Caulfield

The High Court has agreed to weigh in on a decision last year to pick Maurice Blackburn’s case as the winner of a beauty parade of shareholder class actions against AMP over the wealth manager’s controversial fees for no service.

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ISignthis fights to keep lid on ‘damaging’ ASX findings
Securities 2020-04-16 8:36 pm By Alison Eveleigh

Publication of a document outlining the Australian Stock Exchange’s reasons for suspending the shares of ISignthis would be ‘damaging’ to the fintech company and should be barred until after the trial, a court has heard.

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