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Hastie liquidators battle major builders over millions in unpaid bills
Restructuring & Insolvency 2018-09-14 11:30 pm By Christine Caulfield

Liquidators for failed engineering services company Hastie Group have a fight on their hands over tens of millions of dollars in unpaid invoices from construction companies, with major builders claiming not only that they don’t have to pay, but that the bills aren’t payable.

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ABC, Fairfax to fight dismissal of truth defence in Chau Chak Wing defamation suit
Defamation 2018-09-14 11:21 pm By Christine Caulfield

The ABC and Fairfax Media are appealing a ruling tossing their truth defence in a case brought by Chinese billionaire and philanthropist Dr Chau Chak Wing.

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Gamer settles Take-Two lawsuit over Grand Theft Auto copyright
Intellectual Property 2018-09-14 11:06 pm By Cat Fredenburgh

A gamer has admitted he violated the copyright forĀ  Take-Two Interactive’s popularĀ Grand Theft Auto video game by making unauthorised changes to the game that allowed him to manipulate the actions of other online players without their consent.

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AFP brings foreign bribery charges
White Collar 2018-09-14 11:04 pm By Cat Fredenburgh

A Sydney executive of a company specialising in trading rock phosphate has been charged with conspiring to bribe foreign officials in Nauru.

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ASIC sues ANZ over $2.5B share placement
Competition & Consumer Protection 2018-09-14 4:20 pm By Cat Fredenburgh

ASIC has filed a lawsuit against ANZ alleging it breached its continuous disclosure obligations in relation to a $2.5 billion institutional share placement, which is also at the centre of a criminal cartel case against the bank.

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Shareholders to contest Bellamy’s cost-capping bid in class actions
Class Actions 2018-09-14 2:09 pm By Christine Caulfield

A sought-after court order by organic baby food maker Bellamy’s to limit legal costs in two class actions won’t come without a fight, a barrister for the shareholders said Friday.

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QRxPharma defendants can access class members’ broker details
Class Actions 2018-09-13 11:49 pm By Miklos Bolza

The defendants in a shareholder class action over QRxPharma’s alleged failure to disclose problems with regulatory approval for its painkiller Moxduo have won access to information on class members’ financial brokers.

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Funders react to ASIC’s thumbs down on licensing
Class Actions 2018-09-13 11:41 pm By Christine Caulfield

The corporate watchdog’s dim view of proposals to regulate litigation funders got a mixed reaction from big players in the industry Thursday, with its position supported by foreign funders but frowned on by at least one home-grown firm.

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Aristocrat patent appeal hinges on Rokt, Encompass outcomes
Intellectual Property 2018-09-13 10:42 pm By Miklos Bolza

A Federal Court judge has put an appeal by Aristocrat of an IP Australia ruling that revoked four of its gaming patents on hold pending the outcomes of two highly anticipated cases over the patentability of computer software.

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Mars melts Kraft’s patent for heat-resistant chocolate
Intellectual Property 2018-09-13 10:25 pm By Cat Fredenburgh

Confectionery giant Mars has successfully opposed an application by Kraft Foods for an Australian patent for chocolate that doesn’t melt in the summer months.

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