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Ashurst poaches Clayton Utz partner to lead disputes team
People In The News 2021-03-15 7:02 pm By Cindy Cameronne

Ashurst has snagged a long-time commercial litigation partner from Clayton Utz as part of a planned “major expansion” of its disputes team.

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Novartis sues to stop generic version of blockbuster MS drug
Intellectual Property 2021-03-15 11:06 am By Cat Fredenburgh

Swiss drug giant Novartis has sued generic drug maker Pharmacor to halt its launch of a generic version of the company’s top-selling MS drug Gilenya.

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CBA says ‘non-existent’ chance it will make admissions in ASIC’s conflicted remuneration case
Financial Services 2021-03-11 7:27 pm By Cindy Cameronne

The Commonwealth Bank of Australia has told a judge there’s no chance it will admit to ASIC’s allegations that it accepted conflicted remuneration through the sale of its Essential Super product, likening the matter to ASIC’s failed ‘Wagyu and shiraz’ case against Westpac.

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Two law firms can’t rep insurers in $309M dispute over Queensland LNG project
Insurance 2021-03-09 2:16 pm By Miklos Bolza

A judge has found a group of insurers defending a $309 million lawsuit over an Australia Pacific LNG project in Central Queensland cannot be represented by two law firms, saying it would not be in the interests of justice.

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Johnson & Johnson unit loses high-stakes appeal in pelvic mesh class action
Appeals 2021-03-05 11:34 am By Miklos Bolza

The Full Federal Court has tossed an appeal by Johnson & Johnson unit Ethicon challenging a landmark decision that put it on the hook for paying damages to 10,000 women who suffered injury through defects in its prolapse mesh and incontinence tape implants.

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Apple doesn’t have to produce info on Australian users in Epic Games competition case
Competition & Consumer Protection 2021-03-03 2:28 pm By Christine Caulfield

Tech giant Apple will not be forced to hand over documents about Australian users to Epic Games ahead of argument on Apple’s application to shut down the game maker’s competition case, a judge has ruled, likening Epic’s imprecise notice to produce to the “cheerful pastime of drift netting”.

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CBA broker subsidiaries admit ‘systemic compliance failures’ as ASIC launches new case
Financial Services 2021-03-01 6:10 pm By Miklos Bolza

ASIC has launched court action against two Commonwealth Bank of Australia subsidiaries that have admitted multiple “systemic compliance failures”, including the overcharging of more than $4.3 million in brokerage fees.

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Court to hear another COVID-19 business interruption test case
Insurance 2021-02-24 10:00 pm By Cat Fredenburgh

A group representing insurers has filed another test case over pandemic coverage in business interruption policies, following a landmark loss in a test case concerning an infectious disease exclusion that could cost insurers $10 billion.

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a2 Milk trade mark disputes with Lion Dairy near settlement, court told
Intellectual Property 2021-02-23 5:09 pm By Spencer Fowler Steen

Two high stakes lawsuits brought by a2 Milk Company against rival dairy producers over the use of a2 as a trade mark are “very likely” to reach resolution next week, a court has heard.

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CBA cops to misleading customers on more than 12,000 occasions
Financial Services 2021-02-16 6:05 pm By Spencer Fowler Steen

Commonwealth Bank of Australia could be on the hook for a large penalty after the court found the bank engaged in misleading and deceptive conduct and violated its financial services obligations on more than 12,000 occasions by overcharging customers more than $2.2 million in interest.

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