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Judge to weigh funding deal in Westpac class action
Class Actions 2018-05-10 10:32 pm By Christine Caulfield

A two-day hearing has been scheduled in the Westpac life insurance class action over a proposed funding arrangement that would give litigation backer JustKapital 30 per cent of any recovery, in addition to costs outlaid by lawyers for the class.

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AMP vows to defend two shareholder class actions
Class Actions 2018-05-10 10:28 pm By Christine Caulfield

AMP says it will “vigorously defend” two class actions by shareholders in the wake of scandalous revelations at the Royal Commission that led to a $2 billion market cap drop.

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Judge issues injunction in Infa-Secure seat device ownership spat
Intellectual Property 2018-05-10 10:10 pm By Cat Fredenburgh

A Federal Court judge has permanently barred a woman who claims she owns the intellectual property for an Infa-Secure seat belt device from telling retailers that she is the rightful owner of the device’s IP.

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$26M funding cut to hobble ASIC, experts say
Securities 2018-05-10 10:02 pm By Christine Caulfield

The Federal Government’s $26 million cut to ASIC’s budget has been blasted by experts and the opposition for undermining the corporate regulator, already facing the heat of the Banking Royal Commission.

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SMH’s fatal nose job article destroyed surgeon’s practice, court hears
Media 2018-05-10 9:18 pm By Miklos Bolza

A Fairfax Media article over the death of a criminal figure during nose surgery had destroyed the practice of a prominent cosmetic doctor, a court was told Thursday.

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Encompass appeals fintech patent loss
Intellectual Property 2018-05-10 2:23 pm By Cat Fredenburgh

An appeal has been filed by financial software company Encompass Corp. after a Federal Court judge found two of its patents for computer software failed the method of manufacture test and were invalid.

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Taronga Zoo settles TM case against Sydney rival
Intellectual Property 2018-05-10 2:18 pm By Cat Fredenburgh

Taronga Conservation Society Australia and Sydney Zoo have agreed to settle their legal battle over the use of the name “Sydney Zoo”. 

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Iluka Resources class action gets funding
Energy & Natural Resources 2018-05-10 11:22 am By Cat Fredenburgh

A shareholder class action against mining company Iluka Resources has received funding, the company said Thursday.

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AFL facing race, sex harassment lawsuit by ex-player Joel Wilkinson
Shine Lawyers 2018-05-09 10:44 pm By Cat Fredenburgh

Former AFL player Joe Wilkinson is preparing the sue the AFL, top clubs, coaches and players after allegedly facing racial abuse and sexual harassment throughout his career. 

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Toyota alerted to problems with Takata airbags in 2003, court filings show
Class Actions 2018-05-09 10:17 pm By Cat Fredenburgh

Toyota was on notice about problems with Takata airbags 15 years ago, after a Takata inflator ruptured at one of the car maker’s testing facilities, according to new claims in a class action.

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