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‘This is ridiculous’: Judge pans Google’s bid for confidentiality in John Barilaro’s case
Defamation 2021-11-26 2:24 pm By Christine Caulfield

A bid by Google for a confidentiality undertaking by former NSW Deputy Premier John Barilaro over evidence produced in the politician’s defamation case has earned a sharp rebuke by a judge.

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ANZ hit with ASIC action over $18.5B home loan ‘introducer’ program
Financial Services 2021-11-26 8:53 am By Christine Caulfield

The Australian Securities and Investments Commission has launched court proceedings against ANZ alleging the banking giant’s home loan ‘introducer’ referral program breached credit laws.

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Controversial class action bill passes House by slim margin
Class Actions 2021-11-24 10:27 pm By Christine Caulfield

The federal government’s latest class action reform bill that would effectively cap legal fees and funding commissions has narrowly passed the House of Representatives.

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Greensill Bank says IAG unit owes $48.5M under trade credit policy
Restructuring & Insolvency 2021-11-24 10:15 pm By Christine Caulfield

The insolvency administrator of Germany-based Greensill Bank AG has launched court proceedings against Insurance Australia Limited seeking US$35 million allegedly owed under a policy indemnifying the collapsed financial services firm for unrecovered debts.

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Romeo’s settles two underpayments class actions
Class Actions 2021-11-23 1:26 pm By Christine Caulfield

Supermarket chain Romeo’s has reached a settlement in two class actions alleging staff were underpaid, but details of the agreements are scant.

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Novartis unit Sandoz sues to revoke Bayer’s patents for blood thinner Xarelto
Intellectual Property 2021-11-23 3:30 pm By Christine Caulfield

Generic drug maker Sandoz AG has filed proceedings seeking the revocation of two patents registered in Australia by German pharmaceutical giant Bayer covering its top-selling blood clot drug Xarelto.

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Banksia class action barristers declare bankruptcy after $21.7M judgment
Class Actions 2021-11-19 9:39 pm By Christine Caulfield

Two former barristers ordered to pay at least $21.7 million in damages and costs for their role in a fraudulent scheme to pocket a windfall from the Banksia Securities class action have filed for bankruptcy.

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Pfizer wins more docs in preliminary discovery saga over Enbrel biosimilar
Intellectual Property 2021-11-18 12:46 pm By Christine Caulfield

Five years into a preliminary discovery application for a potential patent infringement lawsuit over a biosimilar of its Enbrel medication, Pfizer has partially succeeded in obtaining further documents from Samsung Bioepis.

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Freezing orders extended against developer James Raptis in $110M tax case
Tax 2021-11-18 11:09 am By Christine Caulfield

A judge has extended asset freezing orders until next year in a $109.5 million case brought by the tax office against Gold Coast property developer James Raptis and his companies.

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ASIC accuses Mayfair’s James Mawhinney of breaching 20-year ban
Financial Services 2021-11-16 8:38 am By Christine Caulfield

The Australian Securities and Investments Commission has asked a court to hold Mayfair 101 director James Mawhinney in contempt, saying he has breached a 20-year ban on raising funds.

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