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Insurer keeps up fight over doctor’s costs in breast implant class action
Appeals 2021-09-07 4:49 pm By Miklos Bolza

Avant Insurance has launched an appeal of a Federal Court judgment ordering it to cover the defence costs of a surgeon facing a class action by breast implant patients of defunct clinic the Cosmetic Institute.

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Global banks sued for withdrawing support for Jabiru satellite
Financial Services 2021-09-07 5:55 pm By Cindy Cameronne

Eight major banks, including Credit Suisse, Deutsche Bank and Citicorp, are facing a lawsuit for withdrawing financial support for a project to build and launch the first independently owned satellite in Australia.

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Monster Energy takes PepsiCo to court over ‘Monster Munch’ trade mark
Intellectual Property 2021-09-07 11:48 am By Sam Matthews

Monster Energy has instituted court proceedings against PepsiCo after failing to block the beverage giant from registering the ‘Monster Munch’ trade mark for the iconic British kids corn snack in Australia.

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Judge to hear Hells Angels, Redbubble trial this year ‘come hell or high water’
Intellectual Property 2021-09-07 2:54 pm By Bianca Hrovat

A judge has lit a fire under the Hells Angels Motorcycle Corporation, giving the motorcycle club just one day to formally amend its trade mark infringement case against RedBubble and vowing to bring the case to trial by November 2, “come hell or high water”.

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Ex-CEO to bring derivative lawsuit against Advanced Energy Minerals
Energy & Natural Resources 2021-09-07 11:01 pm By Bianca Hrovat

The former CEO of Advanced Energy Minerals, which specialises in mining high purity alumina to be used in high-demand products like lithium-ion batteries and LED lights, is planning to file a derivative lawsuit accusing the company of oppressive conduct.

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Lockdown didn’t trigger business interruption policy in COVID-19 test case, IAG tells court
Insurance 2021-09-06 10:05 pm By Christine Caulfield

Lockdown orders by the Victorian government and an international travel ban in place last year during the first wave of COVID-19 did not trigger a business interruption clause in an IAG policy at the centre of a test case brought by insurers, a judge heard Monday.

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PwC partner was used to give ‘cloak of privilege’ to work, ATO tells court
Tax 2021-09-06 9:02 pm By Miklos Bolza

Accounting giant PricewaterhouseCoopers used one of its legally qualified partners as a “postbox” to provide a “cloak of privilege” to work conducted for meat processing company JBS, the Commissioner of Taxation has told the Federal Court.

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ASIC’s cybersecurity test case ‘completely incoherent’, IOOF unit tells judge
Privacy & Cybersecurity 2021-09-06 9:47 pm By Bianca Hrovat

An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASIC’s claims in the novel case, describing the regulator’s further amended statement of claim as “grossly unfair” and “completely incoherent”.

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Shareholders fail to prove loss from Babcock & Brown disclosure breaches
Financial Services 2021-09-06 11:49 am By Christine Caulfield

Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.

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Court to rule soon in Queensland floods class action appeal
Class Actions 2021-09-06 4:42 pm By Christine Caulfield

Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland floods has paid off.

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