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Who reads law firm websites? Judge skeptical of online class action notice
Class Actions 2019-02-14 9:04 pm By Miklos Bolza

A judge overseeing a class action against the NSW government over a contractor who sold injured workers’ information to Bannister Law has questioned the effectiveness of placing ads for group members on law firm websites, saying she didn’t think it would “draw the matter to anyone’s attention”.

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Judge allows expert reports in Cargill, Viterra case over $420M Joe White sale
Corporate 2019-02-14 2:19 pm By Cat Fredenburgh

The judge overseeing the marathon trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down objections to both parties’ expert reports related to whether it was common industry practice to cheat customers by failing to comply with contract details and providing misleading malt test results.

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Mylan appeals loss to Sun Pharma over cholesterol drug patent
Intellectual Property 2019-02-14 11:31 am By Cat Fredenburgh

Mylan has appealed a ruling invaliding claims of its cholesterol drug patent and dismissing its patent infringement case against Sun Pharma.

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Quintis class fails in bid for speedy common fund order
Class Actions 2019-02-13 9:48 pm By Miklos Bolza

A judge has put a proposal for a common fund order in a class action against sandalwood producer Quintis on hold as the court awaits judgment in an historic challenge to the power of courts to make common fund orders.

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TPI agrees to stop selling high codeine poppy seed, for now
Intellectual Property 2019-02-12 9:37 pm By Cat Fredenburgh

Poppy processor TPI Enterprises has agreed to stop selling seed from high codeine poppy plants while it defends a lawsuit by rival Tasmanian Alkaloids alleging TPI infringed two of its innovation patents for high codeine-concentrated poppy.

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Cryptocurrency exchange provider fined for continuous disclosure breach
Securities 2019-02-12 4:41 pm By Miklos Bolza

Technology solutions firm Byte Power Group has paid a $33,000 penalty for violating its continuous disclosure obligations by telling shareholders a proposed cryptocurrency exchange was “well advanced” when development yet to begin.

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Mining exec gets 18 months for insider trading
White Collar 2019-02-11 10:02 pm By Cat Fredenburgh

A former mining executive has been sentenced to 18 months in prison for buying shares in ASX-listed Minotaur Exploration based on information gleaned through a joint venture with the mining exploration company.

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Cryosite offers $1M to resolve ACCC’s first ‘gun-jumping’ case
Competition & Consumer Protection 2019-02-11 9:31 pm By Christine Caulfield

Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator’s landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.

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Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
Intellectual Property 2019-02-11 6:58 pm By Miklos Bolza

Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.

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Macquarie advisers who doctored emails win appeal of ASIC’s 10-year bans
Financial Services 2019-02-08 11:19 pm By Christine Caulfield

Two Macquarie Private Wealth advisers have won their appeal of an order by the Australian Securities and Investments Commission that banned them for 10 years for falsifying emails and misclassifying client advice.

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