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Elaine Stead says ‘terrible investor’ label worse than being called a fraud
Defamation 2020-12-03 11:15 pm By Spencer Fowler Steen

Being called a fraud is not as bad as being labelled a “terrible investor”, venture capitalist Dr Elaine Stead has said during trial in her high-profile defamation case against the Nine-owned Fairfax over two articles about her involvement in the failed investment company Blue Sky.

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Pfizer can’t get discovery in anticipation of Sandoz’ Enbrel biosimilar, judge says
Intellectual Property 2020-12-03 11:00 pm By Cat Fredenburgh

A judge hearing Pfizer’s application for preliminary discovery against Sandoz over its possible launch of an Enbrel biosimilar has found that such an application must be based on a current belief that the applicant could be entitled to relief.

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Court grants Wyeth injunction in Prevnar 13 patent dispute
Intellectual Property 2020-12-03 4:53 pm By Cat Fredenburgh

A judge has enjoined Merck Sharpe and Dohme from launching its 15-valent pneumococcal conjugate vaccine after finding it would infringe claims of a Wyeth patent for its Prevnar 13 vaccine, despite MSD’s argument that barring it from launching the vaccine would be contrary to the public interest.

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Elaine Stead says AFR articles were ‘death knell’ for her career
Defamation 2020-12-02 10:51 pm By Miklos Bolza

Venture capitalist Dr Elaine Stead has taken the stand in a high-profile defamation case against the Nine-owned Fairfax, saying that she felt “shame, embarrassment, humiliation and guilt” over two allegedly defamatory Australian Financial Review articles about her role in the collapsed investment firm Blue Sky.

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ACCC wins promise from Toyota to step up consumer compliance
Competition & Consumer Protection 2020-12-02 3:59 pm By Spencer Fowler Steen

Car giant Toyota, which is facing a class action over allegedly faulty diesel particulate filters in some of its vehicles, has agreed to step up its compliance with consumer laws, including how it communicates with car owners about mechanical issues.

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BHP says axed worker behind COVID-19 posts didn’t follow social media guidelines
Employment 2020-12-02 12:43 pm By Spencer Fowler Steen

BHP has denied it fired a mine worker for harassing a co-worker on social media for his apparent failure to self isolate on returning from a trip interstate at the start of the first COVID-19 wave, instead claiming she was terminated for failing to follow social media guidelines and because she had a history of violating rules.

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ASIC not ‘disproportionately prejudiced’ by GetSwift’s move to Canada, judge says
Corporate 2020-12-01 9:23 pm By Miklos Bolza

A judge has found that a plan by last mile logistics software company GetSwift to relocate to Canada in the midst of ongoing civil litigation would not “disproportionately prejudice” ASIC, which is seeking penalties against the company.

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Funder’s involvement in Spotless class action settlement was ‘inappropriate’, judge finds
Class Actions 2020-12-01 5:25 pm By Spencer Fowler Steen

A judge has found that a litigation funder’s involvement in settlement negotiations without the presence of the applicant’s lawyers in a shareholder class action against Spotless Group, which recently settled for $95 million, was “inappropriate”.

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Elaine Stead accuses AFR ‘gossip monger’ of misogynist attack as defamation trial kicks off
Defamation 2020-12-01 4:34 pm By Miklos Bolza

Former Blue Sky Capital venture capitalist Dr Elaine Stead is seeking over $671,000 in damages from the publisher of the Australian Financial Review over two articles she describes as a “misogynist attack” and “vitriolic abuse” that did significant damage to her professional reputation.

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Freedom Foods, Deloitte face class action investigation over accounting scandal
Class Actions 2020-12-01 2:40 pm By Cat Fredenburgh

Freedom Foods and its auditor Deloitte are facing a class action investigation after a bombshell announcement of more than $590 million in write-downs stemming from accounting irregularities stretching back several years.

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