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Clive Palmer’s assets frozen by Queensland court
The Queensland Supreme Court has frozen more than $200 million in personal assets of mining tycoon and former MP Clive Palmer, in a case brought by the liquidators of failed Queensland Nickel.
Judge tosses infringement suit over machine safety patent
A technology company has won dismissal of a Federal Court case alleging its industrial machine safety system that uses laser beams to detect hazards infringed on a patent licensed to a rival.
ACCC loses appeal in Pfizer misuse of market power case
In a major loss for the ACCC, the Full Federal Court on Friday tossed the competition regulator's challenge to a ruling that drug giant Pfizer did not misuse its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.
Ernst & Young named as defendant in third Quintis class action
Troubled sandalwood oil producer Quintis has been hit with a third class action over the company's lost contract with Nestle unit Galderma, and this time its auditor, Ernst & Young, has been named as a co-defendant.
AMP appoints new GC to replace ousted Brian Salter
AMP's group company secretary David Cullen has been appointed top in-house lawyer, replacing Brian Salter, who was sacked for his role in the fees-for-no-service scandal.
Fox Symes pays up over misleading ’15 second approval’ ad
Debt management firm Fox Symes will pay $37,800 in penalties for misleading advertising, including its promise that customers could secure lending approval in 15 seconds.
Westpac’s conduct ‘unconscionable’, but no BBSW rate-rigging, judge says
Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.
Corrs Chambers joins Ford class action amid Bannister’s funder feud
Three weeks after a court heard Bannister Law could be forced off a massive class action against Ford, Corrs Chambers Westgarth has joined the case to jointly act for the lead applicants.
Class actions over Willmott Forests scheme collapse wrap up
Class actions brought by victims of the failed Willmott Forests managed investment scheme have come to a close, two years after a judge issued a stunning ruling rejecting an initial settlement as favoring clients of M&K Lawyers over other investors, and including payment of a hefty legal bill.
Judge picks Phi Finney to lead GetSwift shareholder class action
Boutique law firm Phi Finney McDonald has been chosen among three competing cases to lead a shareholder class action against GetSwift.