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Funder to get 30% cut of confidential KPMG class action settlement
Class Actions 2019-04-05 1:19 pm By Miklos Bolza

Litigation funder Litigation Capital Management will snap up 30 percent of a confidential settlement amount that KPMG has fought to keep under wraps in a shareholder class action over a failed $830 million hostile takeover bid of mining firm Discovery Metals.

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KPMG settles class action over $840M failed takeover offer
Class Actions 2019-04-02 8:43 pm By Cat Fredenburgh

A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was used to reject a $830 million hostile takeover bid.

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Casual worker class actions put on hold amid WorkPac Full Court appeal
Class Actions 2019-04-01 1:14 pm By Miklos Bolza

Two Adero Law-led class actions against Hays Specialist Recruitment and Stellar Personnel have been put on hold amid a looming Full Court appeal by Workpac which is expected to clarify the definition of casual work in Australia.

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Two GetSwift shareholders opt out of class action, say company should put ‘legal obstacles’ behind it
Class Actions 2019-04-01 12:51 pm By Cat Fredenburgh

GetSwift shareholders Clutterbuck Capital Management and KPT Capital have opted out of a class action against the logistics services provider, blasting the “inappropriate and questionable” actions by some involved in the class action proceedings.

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Gina Rinehart can’t block handover of $4B family trust docs to daughter Bianca
Energy & Natural Resources 2019-03-28 9:19 pm By Miklos Bolza

Australia’s richest person Gina Rinehart has lost a bid to dismiss prior court orders to produce documents relating to the $4 billion family trust to her daughter, Bianca Rinehart.

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Thiess, 85-year-old woman liable in Parkerville bushfire class action
Class Actions 2019-03-27 9:13 pm By Miklos Bolza

A 2014 bushfire sparked by a termite-infested electrical pole that destroyed 57 homes was the fault of sub-contractor Thiess Services and the owner of the land on which the pole sat, a court has found.

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Reckitt using court to beat competitors, AFT tells judge in spat over Maxigesic ads
Competition & Consumer Protection 2019-03-27 3:26 pm By Miklos Bolza

AFT Pharmaceuticals has accused rival Reckitt Benckiser of using the court as a “clearance house” to beat its competitors, the latest development in a long-running dispute over AFT’s Maxigesic ads.

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Click Energy to pay $900,000 for misleading customers about their power bills
Competition & Consumer Protection 2019-03-26 10:27 pm By Christine Caulfield

Electricity retailer Click Energy has been ordered to pay $900,000 in penalties for misleading consumers about discounts on their energy bills.

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Mylan must hand over authorised generic docs ahead of injunction hearing
Intellectual Property 2019-03-25 8:29 pm By Miklos Bolza

Pharmaceutical giant Mylan has been ordered to hand over documents relating to its proposed launch of a generic version of its cholesterol drug Lipidil to rival Sun Pharma in advance of a hearing on Mylan’s request for an order blocking Sun from launching its own generic version of the drug.

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Sandoz wins stay of $26.3M Lexapro judgment
Intellectual Property 2019-03-20 3:41 pm By Miklos Bolza

Generic pharmaceutical firm Sandoz has won a temporary stay of a $26.3 million judgment in a patent case as it awaits a decision by the Commissioner of Patents regarding a licence to make a cheaper version of the bestselling antidepressant Lexapro.

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