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ASIC wins case over life insurer’s misleading ā€˜pre-existing conditionā€™ term
Insurance 2024-10-29 11:04 pm By Cindy Cameronne

ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term.Ā 

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AstraZeneca sues to put the brakes on Brilinta generic
Intellectual Property 2024-10-29 11:33 pm By Andy Sidler

AstraZeneca has brought court proceedings to block Australian drug maker Pharmacor from making a generic version of its heart attack drug Brilinta.Ā 

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Santos’ net zero plan ā€˜little more than speculationā€™, trial court told
Trials 2024-10-28 11:50 pm By Cindy Cameronne

Santosā€™ plan to reach net zero greenhouse gas emissions by 2040 was ā€œlittle more than a series of speculationsā€, a shareholder group has said on the first day of trial in a landmark greenwashing case.

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S&P entitled to Rolls-Royce defence in CDO class action: court
Financial Services 2024-10-28 11:26 pm By Cat Fredenburgh

S&P is free to pay for a Rolls-Royce defence in “Rolls-Royce litigation” that alleges the agency engaged in fraud in assigning ratings to risky financial products, a judge has said.

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Homes Victoria says recording reasons for tower demolition plan ‘superfluous’
Human Rights 2024-10-28 11:26 pm By Andy Sidler

Homes Victoria says the decision to demolish public housing towers in Melbourne — now the subject of a class action — took residents’ human rights into account, but has no documents to show it.

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Antoinette Lattouf claims ABC managing director, ex-chair involved in sacking
Employment 2024-10-28 11:33 pm By Andy Sidler

Former radio host Antoinette Lattouf will argue at trial that the ex-chair of the ABC, Ita Buttrose, and managing director David Anderson were involved in the decision to terminate her contract.Ā 

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Care A2 settles spat with infant formula distributor
Emma Bathurst 2024-10-28 11:40 pm By Cat Fredenburgh

Dairy company Care A2 has settled a dispute with Gensco Laboratories over an agreement to distribute its infant formula in the US that went sour.

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Discovery led to funder dropping class action against Westpac unit
Financial Services 2024-10-25 3:19 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds and Tal Life Insurance was discontinued after documents discovered by the companies caused funder Woodsford to bow out.

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High Court shuns SingTel’s appeal over tax deductions for $14B Optus buy
Tax 2024-10-25 11:53 pm By Sam Matthews

The High Court will not review a Full Court ruling that backed the ATOā€™s rejection of over $894,000 in tax deductions related to SingTel’s $14.2 billion acquisition of Optus.

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AAI class action wants to press mandatory insurance claim at trial
Class Actions 2024-10-25 11:26 pm By Andy Sidler

A ‘junk’ insurance class action against Suncorp unit AAI wants an initial trial to deal with the claim — absent a sample group member — that car dealers made purchasing a policy necessary for a loan.

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