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AMP hits back at class action, says buy-out policy changes needed to avoid ‘BOLR run’
AMP 2020-10-12 2:13 pm By Christine Caulfield

Changes to AMP’s buyer of last resort policy that reduced the multiple by which the wealth management firm would purchase advisers’ client registers was necessary […]

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iSelect to pay $8.5M for misleading consumers about energy plans
Competition & Consumer Protection 2020-10-08 3:00 pm By Cat Fredenburgh

A court has ordered comparison website iSelect to pay $8.5 million in penalties for making misleading representations through its online electricity comparison service and pushing […]

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Full Federal Court to rule on common fund order question in 7-Eleven class actions
Class Actions 2020-09-29 2:47 pm By Miklos Bolza

The Full Federal Court will weigh in on whether common fund orders can be made at settlement in two class actions against 7-Eleven, with a […]

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Judge shuts down Boehringer challenge to Merck Sharp & Dohme parasite patent
Intellectual Property 2020-09-24 1:59 pm By Miklos Bolza

Pharmaceutical company Boehringer Ingelheim has failed in its Federal Court challenge to a patent application for an injectable anti-parasite drug for livestock by a subsidiary […]

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IOOF unit can’t stop ASIC from using royal commission evidence
Financial Services 2020-09-07 6:37 pm By Miklos Bolza

An IOOF subsidiary sued over “bad advice” has failed in its bid to stop ASIC from using documents from the banking royal commission as evidence […]

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BHP wants foreign group members shut out of class action over Brazil dam failure
Class Actions 2020-09-07 5:21 pm By Alison Eveleigh

Mining giant BHP is seeking to have foreign group members shut out of a shareholder class action over the Fundao dam failure in Brazil five […]

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Court approves settlement with ANZ in 7-Eleven class actions
Franchises 2020-08-25 6:18 pm By Christine Caulfield

A judge has signed off on a settlement that releases ANZ from two class actions by 7-Eleven franchisees that alleged the bank engaged in unconscionable […]

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Mylan loses Lipidil appeal, despite court finding proof of intention not needed for Swiss-style claims
Intellectual Property 2020-07-03 5:27 pm By Miklos Bolza

Mylan Health has lost its challenge to a ruling that invalidated three patents related to its blockbuster cholesterol drug Lipidil, despite the appeals court finding […]

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Binary options trader hit with $1.8M penalty for ‘systemic’ exploitation
Financial Services 2020-06-18 4:10 pm By Cat Fredenburgh

A Marshall Islands-based binary options trader has been hit with a $1.8 million penalty after a judge found it engaged in the “deliberate deception of […]

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Kraft takes trade dress battle with Bega to High Court
Intellectual Property 2020-05-21 11:12 am By Christine Caulfield

US food giant Kraft-Heinz wants the High Court to hear its intellectual property stoush with Bega after twice losing the battle over the right to […]

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