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Qantas in court battle over failed $35M flight academy partnership
Contracts 2021-12-10 11:17 am By Bianca Hrovat

Qantas is locked in a legal battle with a US-based pilot training provider over failed negotiations concerning the development of a $35 million pilot academy in regional Queensland.

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Biogen may sue third generic drug maker to protect MS drug Tecfidera
Intellectual Property 2021-12-10 4:14 pm By Cat Fredenburgh

Swiss pharmaceutical company Biogen is considering a third patent infringement lawsuit against a drug maker to shield its monopoly in Australia for blockbuster multiple sclerosis drug Tecfidera from generic competition.

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ANZ to pay $25M for short-changing half a million customers
Financial Services 2021-12-09 3:29 pm By Bianca Hrovat

The Australia and New Zealand Banking Group has agreed to pay a $25 million penalty to resolve proceedings by the Australian Securities and Investments Commission alleging the bank short-changed hundreds of thousands of customers to the tune of $200 million.

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Judge shoots down ex-ANZ trader’s ’emaciated’ bid to view lawyer meeting notes
Financial Services 2021-12-09 1:57 pm By Miklos Bolza

A former ANZ trader who alleges he was sacked for complaining about the bank’s manipulation of the bank bill swap rate has lost his bid to view lawyers’ notes taken during meetings over ASIC’s investigation into the bank’s conduct.

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ASIC opposes BlueScope general manager’s request to manage company
Competition & Consumer Protection 2021-12-09 3:09 pm By Cindy Cameronne

The Australian Securities and Investments Commission has opposed BlueScope Steel general manager Jason Ellis’ request for court permission to manage another company, saying he should wait until the ACCC’s price-fixing case against him has been decided.

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Judge ‘very, very concerned’ over Facebook posts in Qantas case
Employment 2021-12-08 12:43 pm By Miklos Bolza

Union members who allegedly urged former Qantas workers to give misleading information to the Federal Court via a survey in a lawsuit brought on behalf of 2,000 stood-down ground staff may be called to explain themselves after a judge expressed concern over their conduct.

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Sunwater loses dispute with Liberty over coverage for Queensland floods class action
Insurance 2021-12-08 3:32 pm By Miklos Bolza

Liberty Mutual Insurance does not have to indemnify dam operator Sunwater for its share of a $440 million settlement of the Queensland floods class action, the NSW Supreme Court has found.

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Port of Newcastle can charge Glencore higher access fees, High Court rules
Competition & Consumer Protection 2021-12-08 6:57 pm By Miklos Bolza

The Port of Newcastle has largely won its High Court fight with mining giant Glencore over access fees and will now be able to set a higher price for use of the port’s facilities.

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‘Ticking time bomb’: Essure class action members all at risk, court told
Class Actions 2021-12-08 2:50 pm By Cindy Cameronne

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.

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Avanteos faces multi-million dollar penalty in landmark criminal case over dead members
Financial Services 2021-12-08 3:09 pm By Bianca Hrovat

Former Commonwealth Bank subsidiary Avanteos Investments Limited pleaded guilty on Wednesday to charging up to $700,000 in fees to hundreds of deceased superannuation fund members.

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