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Foxtel loses six-year battle with Cognizant unit over digital download patent
Cable TV giant Foxtel has lost a protracted IP battle with subsidiary of global tech giant Cognizant over a digital download patent for a modern DVR system.
Crown wants contradictor to fight class action’s GCO application
Crown Resorts has asked the court to appoint a contradictor to fight against a group costs order sought in shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.
‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.
Mobile network deal with Telstra could lead to TPG price hikes, ACCC says
A mobile network sharing agreement between Telstra and TPG is likely to boost the companies' services to customers but could lead to TPG raising prices, the competition regulator said Friday.
Grant Thornton, Moore Stephens sued over Linchpin audits
Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly used investor money to advance the company's business interests and line its directors' pockets.
Full Court upholds validity of Pfizer’s Dynastat patent
A judge has thrown out competing appeals of a decision finding Pfizer's patent for its post-operative injectable painkiller Dynastat is valid and that Australian drug maker Juno Pharmaceuticals infringed the patent by selling generic versions of the drug in Australia.
Firm asked rivals not to bid for $250M university project, ACCC says in new cartel case
The ACCC has brought court action accusing national architecture firm Ashton Raggatt McDougall and its former boss of attempting to rig bids for a $250 million building project at Charles Darwin University by asking competitors not to submit a tender.
CIMIC knocks ballooning pleadings in shareholder class action
Construction firm CIMIC has foreshadowed a fight over “obscure” new pleadings in a two year-old shareholder class action alleging the company failed to keep the market informed about issues with its Middle East operations.
Dick Smith execs ask High Court to toss case over final dividend
Two former executives of defunct electronics retailer Dick Smith have asked the High Court to hear their challenge to a $11.8 million damages award for approving a dividend payment the company could not afford.