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IP Australia rejects SNF challenge to BASF mining patent
Intellectual Property 2018-04-19 1:51 pm By Cat Fredenburgh

The Australian Patent Office has shot down a challenge by SNF to a BASF application for a mining patent.

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Judge cuts Squire Patton Boggs, Piper Alderman fees in $19M Arasor deal
Securities 2018-04-18 11:37 pm By Cat Fredenburgh

A judge has signed off on a $19.25 million settlement in a shareholder class action brought against directors of defunct laser technology company Arasor International Ltd and partners in auditing firm Grant Thornton South Australia, but cut the legal fees of Squire Patton Boggs and Piper Alderman by $250,000.

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Judge OKs class settlement with Wickham Securities’ trustee
Securities 2018-04-18 10:58 pm By Cat Fredenburgh

A judge has signed off on a multi-million dollar settlement in a class action by retirees who claim they lost $27 million with the collapse of property lender Wickham Securities

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Apotex expert comes under fire at Lexapro patent infringement trial
Intellectual Property 2018-04-18 9:56 pm By Miklos Bolza

Expert witnesses were pitted against each other Wednesday at a trial alleging generic makers infringed a patent covering the anti-depressant Lexapro, and Apotex’ consultant took the brunt of it.

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ACCC’s case bad for business, Aboriginal art supplier tells court
Competition & Consumer Protection 2018-04-18 8:43 pm By Miklos Bolza

An Aboriginal art and souvenir supplier says its business has taken a hit since the ACCC accused it of selling fakes, and the company wants to expedite the regulator’s case to avoid further damage, a court heard Wednesday.

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Former NAB adviser banned for stealing $2 million from clients
Financial Services 2018-04-18 12:50 pm By Cat Fredenburgh

A former NAB financial adviser has been permanently banned from providing financial services after an ASIC investigation found he fleeced clients out of at least $2 million.

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RMIT whistleblower wins subpoena request
Employment 2018-04-17 10:23 pm By Cat Fredenburgh

A former RMIT worker suing the university for allegedly firing him after he blew the whistle on a colleague for selling exam answers to students has won a bid to subpoena documents from the Victorian Ombudsman. 

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Geneva Labs can’t expand fake Bio-Oil case
Intellectual Property 2018-04-17 9:30 pm By Christine Caulfield

A judge has dismissed a bid by Geneva Laboratories to add the sole director of a healthcare product distributor as a defendant in a high-stakes case over counterfeit versions of its popular and premium-priced Bio-Oil line of skin-care products.

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Writers’ Guild slams “mishmash” of evidence in royalties case
Intellectual Property 2018-04-17 8:40 pm By Miklos Bolza

A barrister for the Australian Writers’ Guild has blasted documents produced by the non-profit Screenrights in a court battle over tens of millions of dollars in royalties payments, calling the evidence a “complete mishmash”.

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S&P analysts take stand in class action trial
Class Actions 2018-04-17 8:07 pm By Miklos Bolza

Two high ranking analysts from S&P Global have distanced themselves from the decision making process at the heart of a class action over toxic financial products given healthy ratings by the agency ahead of the global financial crisis.

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