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United can’t boot judge from final hearing in Freehills case
Corporate 2018-10-09 11:57 pm By Miklos Bolza

Australian petrol retailer United Petroleum has lost a bid to disqualify a judge from a final hearing on costs in its unsuccessful battle against law firm Herbert Smith Freehills over a failed initial public offering.

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US sports site tackles Aussie rival with IP suit
Intellectual Property 2018-10-09 4:42 pm By Cat Fredenburgh

A US sports news website founded by former Yankees shortstop Derek Jeter featuring content by athletes has filed a lawsuit alleging an Australian sports site has violated its IP.

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ANZ says prosecutors dragging feet in criminal cartel case
Competition & Consumer Protection 2018-10-09 1:29 pm By Miklos Bolza

The Australia and New Zealand Banking Group told the court on Tuesday that it urgently needs a statement of facts, during the first hearing in the highly anticipated criminal cartel case against three investment banks.

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Judge puts ASIC ‘fees for no service’ case against NAB on fast-track
Financial Services 2018-10-08 10:56 pm By Miklos Bolza

A Federal Court judge has put ASIC’s first fees for no service case, brought against two units of National Australia Bank’s wealth management division, on an expedited timetable, saying the case was not new territory for the bank.

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Closely watched criminal cartel case against banks gets underway
Competition & Consumer Protection 2018-10-08 12:14 pm By Cat Fredenburgh

The stakes will be high for both sides when some of the country’s top competition lawyers face off against the ACCC Tuesday in the first hearing in a closely watched criminal cartel case against three investment banks over a $2.5 billion ANZ institutional share placement.

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UGL class action funder to earn up to 30% commission
Class Actions 2018-10-05 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Macmahon pays $6.7M to settle shareholder class action
Class Actions 2018-10-04 4:28 pm By Cat Fredenburgh

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.

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Hytera asks to keep China’s state secrets from Motorola in IP war
Intellectual Property 2018-10-04 12:56 pm By Christine Caulfield

Hytera Communications wants the Federal Court to block Motorola from accessing evidence in their patent war covered by Chinese laws prohibiting disclosure of state secrets or compromising the country’s cybersecurity.

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Law firms won’t challenge AMP class action ruling
Class Actions 2018-09-26 1:11 pm By Christine Caulfield

A landmark ruling that transferred four competing federal class actions against AMP to state court will stand, with the law firms behind the cases opting out of a fight in the High Court.

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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Securities 2018-09-25 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.

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