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Sydney light rail class action pulls up to the High Court
Appeals 2024-10-21 11:48 pm By Cat Fredenburgh

The High Court has been asked to revive a class action over Sydney’s light rail construction and weigh in on whether litigation funders can claim their commissions as damages.

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iSignthis’ John Karantzis could not pay $1.5M penalty, court told
ASIC 2024-10-21 11:38 pm By Andy Sidler

The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.

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Funder seeks $10.6M cut from Mayne Pharma class action settlement
Securities 2024-10-21 11:29 pm By Cat Fredenburgh

The funder and law firm that ran a shareholder class action against Mayne Pharma are seeking deductions that would leave more than half of a $38 million settlement for group members.

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Ditched by Ashurst, Care A2 set to miss own trade mark trial
Intellectual Property 2024-10-18 4:10 pm By Sam Matthews

Care A2 is set to miss the trial in its trade mark fight with rival A2 Milk after the baby formula company was ditched by its lawyers at Ashurst days ago. 

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Suppression of Seven reporter’s case a valuable ‘bargaining chip’: judge
Employment 2024-10-18 5:10 pm By Cat Fredenburgh

Seven has won a suppression order over an ex-Spotlight reporter’s claim, with a judge finding that public access to the “colourful and embarrassing” claim could adversely affect mediation.

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Isuzu can’t stay Directed Electronics case despite $170M trade secrets win
Intellectual Property 2024-10-18 11:01 pm By Sam Matthews

Vehicle maker Isuzu can’t shut down an $18 million suit by car alarm company Directed Electronics over a former employee’s alleged theft of trade secrets.

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New battle in Lexapro patent war between Lundbeck, Sandoz
Appeals 2024-10-18 11:17 pm By Christine Caulfield

Novartis unit Sandoz is appealing a tribunal decision in favour of pharmaceutical company Lundbeck over a licence to sell a generic version of leading antidepressant Lexapro.

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Ashurst sours on repping Care A2 in trade mark stoush
Business of Law 2024-10-17 10:05 pm By Cat Fredenburgh

Bix Six firm Ashurst has dropped Care A2 as a client on the eve of trial in the dairy company’s long-running battle to quash rival A2 Milk’s trade marks.

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‘A bottle of wine every night’: Ex-Noumi CFO’s non-disclosures caused him to spiral
Securities 2024-10-17 1:28 pm By Cat Fredenburgh

The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company’s continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.

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Mastercard can’t appeal ACCC’s ‘novel’ use of judicial notice rule
Competition & Consumer Protection 2024-10-17 11:31 pm By Andy Sidler

The court has rejected Mastercard’s bid to appeal an evidentiary win for the ACCC in the regulator’s misuse of market power case against the payments giant.

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