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ACCC says agreement to settle Revlimid patent suit could violate cartel laws
Intellectual Property 2022-03-23 2:53 pm By Cat Fredenburgh

The ACCC has refused to authorise a patent settlement and license agreement between Bristol-Myers Squibb unit Celgene and two generic drug makers who sued to invalidate the patents for its blockbuster cancer drug Revlimid, saying it could distort competition between generic drug makers.

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Ten to face sex discrimination claims in journalist’s harassment lawsuit
Employment 2022-03-21 10:37 am By Miklos Bolza

Journalist Tegan George will add sex discrimination claims against Network Ten to her lawsuit that alleges harassment and bullying by political journalist Peter van Onselen.

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Tech companies to be held accountable for disinformation under new laws
Media 2022-03-21 10:41 pm By Cat Fredenburgh

Tech companies will be held responsible for harmful disinformation and misinformation on their platforms under new laws that will be introduced in the second half of the year.

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ASIC seeks recusal of former Freehills lawyer in costs spat with ex-Tennis Australia boss
ASIC 2022-03-18 1:17 pm By Miklos Bolza

ASIC has asked a Federal Court registrar who previously worked at Herbert Smith Freehills to step down from overseeing remaining costs disputes in its failed case against former Tennis Australia president Steven Healy, who is represented by the Big Six firm.

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Full Court deals drug companies a blow on patent term extensions
Intellectual Property 2022-03-18 10:27 pm By Miklos Bolza

The Full Court has upheld two judgments that shortened patent term extensions granted to Merck Sharpe & Dohme and Ono Pharmaceuticals, finding the extension regime cannot be construed as achieving a “commercial outcome for a patentee”.

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ACCC takes Facebook owner to court over scam celebrity cryptocurrency ads
Competition & Consumer Protection 2022-03-18 11:45 am By Cat Fredenburgh

The consumer regulator has initiated court proceedings alleging Facebook technology allowed scam cryptocurrency ads featuring celebrities to target susceptible users and that the social media giant failed to take adequate steps to remove them. 

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Australia second to US for climate-related litigation, report finds
Environment 2022-03-18 7:11 pm By Sam Matthews

Australia ranks second in the world for climate-related lawsuits, and the threat of climate litigation looms larger than ever for Australian companies across all sectors, a new report has found.

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Mayfair’s James Mawhinney wants reprieve from ASIC’s contempt case
Financial Services 2022-03-17 4:14 pm By Cindy Cameronne

Mayfair 101 director James Mawhinney has sought a temporary stay of ASIC’s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.

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ASIC claims another scalp in ongoing BigUn investigation
Accounting 2022-03-17 5:50 pm By Sam Matthews

A former auditor of collapsed video company BigUn has had his company auditor registration suspended for a year following an application by the corporate regulator over a conflict of interest. 

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ASIC’s penalty against Squirrel Super ‘might be a bit light on’, court says
Financial Services 2022-03-15 3:15 pm By Sam Matthews

A judge has questioned the $55,000 penalty jointly proposed by the parties in ASIC’s case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it “might be a bit light on.”

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