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ClearLoans settles ASIC’s first COVID-19 case against lender
COVID-19 2022-07-18 4:35 pm By Cindy Cameronne

The sole director of personal lender ClearLoans has agreed to settle the first case the Australian Securities and Investments Commission brought related to the COVID-19 pandemic.

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Kahlbetzer family wins $30,000 lawsuit against sacked investment manager
Financial Services 2022-07-18 11:48 am By Cindy Cameronne

A court has ordered a consultant at Kahlbetzer family investment vehicle Twynam Investments to pay a $30,000 judgment for allegedly breaching confidentiality obligations in her contract. 

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Class action wants admissions after Albanese declares ‘climate emergency’
Class Actions 2022-07-15 2:59 pm By Cindy Cameronne

The lead applicants in a climate change class action by Torres Strait Islanders are hoping the Commonwealth will admit climate change targets set by the Morrison government were “woefully inadequate”, a court heard Friday. 

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Booktopia agrees on penalty in ACCC case over ‘misleading’ refund policy
Competition & Consumer Protection 2022-07-15 1:43 pm By Christine Caulfield

Booktopia has resolved a case by the consumer regulator alleging the online book retailer’s policy that required customers to request a refund within two business days of purchase was misleading.

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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Professional Negligence 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, with a judge finding that the company had not retained the valuer and was not a party to the valuation.

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Seven files ‘urgent’ lawsuit over Commonwealth Games software
Media 2022-07-15 10:45 pm By Cindy Cameronne

Broadcaster Seven has filed court proceedings against a production firm it partners with to broadcast the Olympic Games for allegedly refusing to hand over software it needs for the upcoming Commonwealth Games.

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Bayer wants to amend Xarelto patent at centre of Sandoz’s invalidity claim
Intellectual Property 2022-07-15 11:37 am By Christine Caulfield

German pharmaceutical giant Bayer, which is facing a legal bid by generic drug maker Sandoz to invalidate patents covering blood clot drug Xarelto, is seeking to amend one of the patents in dispute.

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Dentons recruits Holding Redlich construction expert ahead of Olympics
Construction 2022-07-15 12:59 pm By Sam Matthews

Dentons has picked up a partner from Holding Redlich to bolster its construction practice ahead of the 2032 Olympic Games in Brisbane.

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Christian Porter loses appeal after silk barred from acting in defamation case
Legal Ethics 2022-07-14 2:58 pm By Cindy Cameronne

Former Attorney-General Christian Porter has lost his challenge to a ruling that barred silk Sue Chrysanthou from representing him in his now-settled defamation lawsuit against the ABC over its coverage of historical rape allegations.

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Reflex fails to prove invalidity of Globaltech patent for devices sold to Boart Longyear
Intellectual Property 2022-07-14 2:03 pm By Cindy Cameronne

Technology company Reflex Instruments has lost its challenge to rival Globaltech’s patent for two mining survey tools, with a judge finding Reflex had not established the technology wasn’t novel and lacked an inventive step.

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