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Allergan appeals loss in Botox trade mark dispute
Appeals 2021-01-20 5:16 pm By Miklos Bolza

Botox maker Allergan has appealed a court judgment tossing most of trade mark case against an Australian cosmetics company that sells topical creams as Botox alternatives.

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AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
Financial Services 2020-12-22 4:12 pm By Spencer Fowler Steen

A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.

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Training company AIPE on hook for $139M in compensation in ACCC case
Competition & Consumer Protection 2020-12-21 1:44 pm By Christine Caulfield

A judge has found a NSW training company is liable to pay $139 million for over 12,000 students who racked up VET FEE-HELP debts but failed to complete their courses due to an “unconscionable” enrolment system.

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MinterEllison gave ASIC advice on Shipton’s tax bill
ASIC 2020-12-18 9:41 pm By Spencer Fowler Steen

Top-tier law firm MinterEllison provided ASIC with a legal opinion on whether it was appropriate for the regulator to cover the tax bill of chairman James Shipton, telling the regulator that it was “standard practice” for an employer to cover the reasonable cost of tax advice.

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Group members will get about half of $50M Vocation class action settlement
Class Actions 2020-12-18 2:37 pm By Cat Fredenburgh

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.

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Fairfax settles defamation lawsuit by former Toll chair Roy Horsburgh
Fairfax Media 2020-12-18 1:54 pm By Cat Fredenburgh

Fairfax Media has issued an apology and settled a lawsuit by former Toll Group chairman Ray Horsburgh over an Australian Financial Review article that allegedly defamed him by claiming he made a racist remark at a board meeting.

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Law firm to expand Crown shareholder class action on back of gaming authority report
Class Actions 2020-12-17 3:21 pm By Miklos Bolza

Three days after launching a class action against Crown Resorts over potential anti-money laundering breaches revealed at a NSW gaming authority inquiry, Maurice Blackburn has said it will amend the pleadings in a separate shareholder class action against the casino giant using findings from the inquiry’s final report.

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‘We have to get this case moving’: Judge orders indictment be filed in ANZ cartel case
Competition & Consumer Protection 2020-12-15 12:43 pm By Cat Fredenburgh

The Federal Court judge who is now overseeing a high stakes criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement has ordered that an indictment be filed by February 1, telling the parties “we have to get this case moving” and that he hoped to move the matter to trial “before we all retire”.

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Arnold Bloch Leibler hits Slater & Gordon with cross-claim in shareholder class action
Class Actions 2020-12-14 9:26 pm By Spencer Fowler Steen

Arnold Bloch Leibler has hit back at a class action by Slater & Gordon shareholders accusing it of misleading and deceptive conduct and breaching its duty of care by greenlighting the law firm’s $1.2 billion acquisition of Quindell, filing cross-claims against Slater & Gordon and two of its former directors.

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Crown Resorts hit with class action over money laundering compliance
Class Actions 2020-12-14 12:01 pm By Cat Fredenburgh

Maurice Blackburn has hit Crown Resorts with a shareholder class action alleging the casino giant had lax anti-money laundering compliance systems in place over  a six-year period.

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