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In defeat for IP Australia, Rokt wins patent for computer software
Intellectual Property 2018-12-12 2:28 pm By Cat Fredenburgh

Rokt has won its bid to patent a digital advertising system, the first major court victory in one of three challenges to IP Australia’s stance on the patentability of computer software.

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ASIC won’t eavesdrop on ex-Rio Tinto execs’ US depositions
Securities 2018-12-12 12:43 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has promised it will stay away from the depositions of two former Rio Tinto executives in proceedings underway in the US, as it pursues a parallel case over allegedly misleading market statements the mining company made about the reserves of a $4 billion coal acquisition.

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Funder in Murray Goulburn class action seeks 28% cut
Class Actions 2018-12-11 1:28 pm By Cat Fredenburgh

The funder that’s bankrolling a shareholder class action against Murray Goulburn is seeking court approval for a funding agreement under which it would get a 28 per cent cut of any settlement.

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Rokt judgment could provide clarity on software patentability
Intellectual Property 2018-12-11 12:48 pm By Cat Fredenburgh

The court will issue a judgment Wednesday in one of two closely watched cases awaiting judgment that may move the dial on the patentability of computer software.

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Judge tosses Penthouse publisher’s case over Milo Yiannopoulos, Nigel Farage tour fees
Media 2018-12-10 6:42 pm By Cat Fredenburgh

Penthouse publisher Damien Costas has lost a dispute related to fees he allegedly owes a publicist for the book tours of far-right provocateur Milo Yiannopoulos and Brexit architect Nigel Farage, after a judge found Costas’ solicitors had failed to effect proper service.

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Google, Facebook have ‘ability and incentive’ to abuse market power, ACCC says
Competition & Consumer Protection 2018-12-10 3:11 pm By Cat Fredenburgh

Google and Facebook should be regulated given the potential they have to wield their monopoly powers in ways that would harm consumers, the ACCC said in its highly anticipated preliminary report into the digital platforms.

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Labor MP Emma Husar files defamation suit against Buzzfeed
Defamation 2018-12-07 11:18 pm By Cat Fredenburgh

Labor MP Emma Husar is suing publisher Buzzfeed for defamation over an article and two social media posts that claimed she exposed herself to an employee and bragged about her sexual relationships. 

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Law firm profits soar as competition for talent heats up
Business of Law 2018-12-07 2:44 pm By Cat Fredenburgh

Australian law firm profits jumped 8.2 per cent in the past financial year amid heightened demand for legal services, according to a recent report, which predicts a battle for top talent is afoot.

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Insurance broker JLT hit with class action over excessive premiums
Class Actions 2018-12-07 1:01 pm By Cat Fredenburgh

Quinn Emanuel has hit global insurance broker Jardine Lloyd Thompson with a class action for allegedly charging local councils in NSW hundreds of millions of dollars in excessive premiums over the past nine years, and the firm says there may be more lawsuits on the horizon.

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We Buy Houses director appeals record $6M fine
Appeals 2018-12-07 10:35 am By Cat Fredenburgh

The director of property spruiker We Buy Houses has appealed a record $6 million for misleading property investors with claims they could learn to buy real estate for $1.

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