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Worldwide freezing orders not conditional on enforcement prospects, High Court says
The High Court has granted the ATO’s bid to impose a worldwide freezing order against Chinese property developer Changran Huang, saying the court’s power to freeze assets did not depend on whether there was a realistic possibility of enforcing a judgment in a foreign jurisdiction.
‘Ticking time bomb’: Essure class action members all at risk, court told
Group members in a class action over Bayer's Essure contraceptives had “a ticking time bomb” in their bodies after being implanted with the devices, and all were at risk of developing injuries, a court has heard.
IP Australia pours cold water on Vittoria’s ‘Victoria Coffee’ trade mark
Coffee giant Vittoria has lost its bid to register the trade mark “Victoria Coffee", with IP Australia finding the mark could prevent other businesses from honestly describing coffee products by referring to the state of Victoria.
‘Managers were bullies’: NAB to face court action for allegedly overworking staff
The Finance Sector Union is preparing a lawsuit against the National Australia Bank, claiming the bank has pressured its employees to work “unreasonable” hours and underpaid its staff.
Dr Reddy’s must warn Celgene of plans to sell generic blockbuster cancer drug
Indian generics giant Dr Reddy’s Laboratories must give Bristol-Myers Squib unit Celgene Corporation three months’ notice before deciding to sell generic versions of blockbuster cancer drug Revlimid in Australia.
‘Very serious’: Melbourne lawyer banned from practising for 15 years
A Melbourne solicitor has been banned from legal practice until 2035 after a tribunal found him guilty of eight charges of professional misconduct and unsatisfactory professional conduct for allegedly misleading a court about his entitlement to practice.
Judge slugs Oxymed with $3M penalty for pushing ‘pseudo-scientific’ therapy
An alternative therapies clinic in Victoria has been hit with $3 million in penalties for allegedly promoting “pseudo-scientific” treatments to vulnerable people with chronic illnesses in posts on social media and its website.
ACCC trying to ‘fit a square peg into a round hole’ with bank cartel case, court hears
The ACCC has been accused of running a "experimental test case" that tries to fit the shares market within the scope of the Competition and Consumer Act with its criminal cartel case against Citigroup, Deutsche Bank and several prominent banking executives over a $2.5 billion ANZ share placement.
NAB super class action won’t get decision on damages at initial trial
The applicant in a class action against NAB superannuation trustee NULIS has lost his bid to have a judge determine aggregate damages at an initial trial.
Court tosses appeal of $1.96M judgment awarded to cryptocurrency trader
An appeals court has thrown out a challenge to a judgment awarding a cryptocurrency trader $1.96 million in cash and a property purchased for $1.5 million over a deal with a convicted fraudster involving "millions of dollars of cash in bags and suitcases".