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Deloitte partners don’t have access to Hastie files, court told
Class Actions 2018-09-11 10:18 pm By Christine Caulfield

Accounting giant Deloitte is digging in for a fight over a court order to produce documents to a shareholder class over the firm’s auditing of collapsed engineering company Hastie Group, saying partners forced to hand over the files don’t have access to them.

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Mortgage firm can’t shut down derivative suit over Macquarie Bank sale
Appeals 2018-09-11 5:49 pm By Christine Caulfield

Mortgage aggregator Connective Group has lost an appeal of a ruling that gave the greenlight to a shareholder’s derivative lawsuit against company directors and Macquarie Bank over the sale of 25 percent of the business to the bank.

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Australia, Canada settle patent fight over commemorative coins
Intellectual Property 2018-09-11 10:55 am By Christine Caulfield

An international IP dispute between the Royal Australian Mint and its Canadian counterpart over a patent for printed commemorative coins has settled, three months after Australia revealed its “knockout claim” in the case.

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Class action funders’ $92M windfall: the last of the big paydays?
Class Actions 2018-09-10 11:31 pm By Christine Caulfield

The $92 million payout to two funders that financed the recently settled S&P Global class actions shows the need for continued scrutiny of litigation funding agreements, experts say, but whether it is a sign of windfalls to come or is a ghost of commission’s past is another question.

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OPSM owner to make franchise terms more visible after ACCC probe
Franchises 2018-09-10 11:13 pm By Christine Caulfield

OPSM owner Luxottica has agreed to make its franchise system more transparent after an investigation by the consumer watchdog found the eyewear giant’s disclosures weren’t up to scratch.

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Aussie banknote maker defeats UK rival’s security device patent, for now
Intellectual Property 2018-09-10 10:35 pm By Christine Caulfield

Australian banknote manufacturer CCL Secure has successfully blocked British rival De La Rue International from registering a patent for a banknote security device.

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Banksia class action funder avoids extra costs despite ‘ulterior motive’
Class Actions 2018-09-07 10:42 pm By Christine Caulfield

The litigation funder that unsuccessfully sought to block a shareholder from opposing a $64 million class action settlement over the collapse of Banksia Securities is not on the hook for indemnity costs despite bringing the injunction with an ulterior motive.

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McMillan Shakespeare unit hit with class action over car warranties
Baker McKenzie 2018-09-06 10:15 pm By Christine Caulfield

A subsidiary of car leasing company McMillan Shakespeare faces a class action over vehicle warranties that gave the company “complete and unfettered” discretion to reject claims by customers.

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Woolworths asks court to toss worker’s sex discrimination case
Employment 2018-09-04 3:59 pm By Christine Caulfield

Woolworths has denied discriminating against a long-serving female manager in one of its Queensland stores and has called on a court to dismiss the worker’s case.

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Battle to lead Quintis class actions begins
Class Actions 2018-09-03 11:52 pm By Christine Caulfield

Sydney-based law firm Bannister Law has asked a court to consolidate two class actions against troubled sandalwood oil producer Quintis, and has made its pitch for leading the joint proceedings.

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