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Shareholder locked in feud with funder drops stay bid in S&P class action
Class Actions 2020-11-11 3:44 pm By Miklos Bolza

A contractual dispute between a litigation funder and the lead applicant in a class action against S&P will not prevent the class action from progressing, with both parties giving undertakings to preserve the status quo while the feud remains on foot.

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Fuji Xerox can’t strike out EY, ex-director’s defences in case over $450M accounting scandal
Accounting 2020-11-09 2:49 pm By Cat Fredenburgh

A judge has denied Fuji Xerox’s attempt to strike out parts of the defences of Ernst & Young and a former Fuji director in a lawsuit over alleged massive accounting irregularities.

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No relief: AFT appeals Reckitt-Benckiser win over Maxigesic ads
Competition & Consumer Protection 2020-10-21 4:12 pm By Christine Caulfield

The maker of pain killer Maxigesic is taking its long-running battle with Nuromol manufacturer Reckitt Benckiser to an appeals court after a recent ruling that its advertising misled consumers by claiming Maxigesic provided better, faster and more effective pain relief than paracetamol or ibuprofen.

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Judge fines NAB $15M, questions ASIC’s ‘introducer’ investigation
Financial Services 2020-10-19 6:01 pm By Miklos Bolza

A judge has slapped National Australia Bank with a $15 million penalty over its scandal-ridden home loan introducer program but slammed ASIC’s investigation into the program, saying there was no “real regulatory desire to pursue a thorough investigation as to what in truth occurred”.

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Litigation funder a ‘stranger’ in S&P class action, not entitled to docs, judge says
Class Actions 2020-10-16 12:21 pm By Christine Caulfield

The litigation funder embroiled in a contractual dispute with a lead applicant in a class action against S&P Global is a stranger to the proceeding and has no right to demand to be served an application to pause the case pending the outcome of the contract spat, a judge has said.

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S&P class action applicant wants to look at other applicant’s funding agreement
Class Actions 2020-10-13 3:27 pm By Cat Fredenburgh

One of the lead applicants in a class action against ratings giant S&P Global, which is involved in a dispute with the funder that’s backing the case, wants to look at the funding agreement signed by the class action’s other lead applicant.

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Lawyer settles case against firm accused of ‘workplace culture of sniping’
Employment 2020-10-09 3:17 pm By Christine Caulfield

A former associate director of a Melbourne law firm that allegedly sacked him after he complained of workplace “sniping” has resolved his unfair dismissal lawsuit.

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Air France loses bid to limit injunction in ‘Love Is In The Air’ copyright case
Intellectual Property 2020-10-05 4:36 pm By Cat Fredenburgh

A judge has issued a broader injunction barring Air France from using the song ‘Love Is In The Air’ than the one proposed by the airline, after finding an Oregon electronic duo’s song which was licenced to Air France copied the 1977 disco hit.

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Clive Palmer can’t get law firm, funder docs for possible Queensland Nickel claim
Restructuring & Insolvency 2020-09-23 4:39 pm By Miklos Bolza

The Queensland Supreme Court has shot down an “entirely speculative” bid by two Clive Palmer-owned companies to access information held by two law firms and a litigation funder, as the mining magnate mulls a lawsuit for potential breaches of a settlement reached in the Queensland Nickel liquidation proceedings.

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‘Some American burger’: Hungry Jack’s ad pokes fun at McDonald’s trade mark lawsuit
Intellectual Property 2020-09-11 11:06 pm By Cat Fredenburgh

Hungry Jack’s has released a new television ad poking fun at McDonald’s lawsuit alleging its new ‘Big Jack’ burger violates the US fast food giant’s intellectual property for its classic ‘Big Mac’, referred to in the ad as “some American burger”.

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