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Top judge nudges ASIC, Allianz away from ‘bastardised’ pleadings in travel insurance case
Insurance 2020-11-11 3:28 pm By Spencer Fowler Steen

The Federal Court’s top judge has cautioned ASIC and insurers Allianz and AWP against presenting a “bastardised form of pleading” in the financial watchdog’s action […]

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Super fund Rest reaches ‘groundbreaking’ settlement in lawsuit over climate disclosures
Environment 2020-11-02 9:22 pm By Miklos Bolza

Retail Employees Superannuation has settled a lawsuit brought by an ecological landscaper and activist over its climate change disclosures, acknowledging the need to identify the […]

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Claims of loss questioned in MySuper class action against NAB units
Financial Services 2020-10-29 4:04 pm By Christine Caulfield

A judge has raised doubts about claims of loss and damage in a class action by members of superannuation funds operated by NAB units MLC […]

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AUSTRAC’s record $1.3B penalty for Westpac’s money laundering breaches wins court OK
AUSTRAC 2020-10-21 2:50 pm By Christine Caulfield

A judge has given the greenlight to AUSTRAC’s $1.3 billion penalty against Westpac over the bank’s 23 million breaches of money laundering and counter-terrorism laws, […]

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‘The Ben Hur of cartel class actions’: Rate-rigging case comes under attack
Competition & Consumer Protection 2020-10-08 6:37 pm By Miklos Bolza

Five investment banks facing a class action for their alleged rigging of foreign exchange rates have slammed the “unclear” and “incredibly vague” case, saying it […]

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Court issues mixed ruling in Merck Sharp & Dohme, Pfizer vaccine patent battle
Intellectual Property 2020-10-15 4:47 pm By Miklos Bolza

Pharmaceutical rivals Merck Sharp & Dohme and Pfizer have both suffered a blow in their efforts to patent a better pneumococcal vaccine, with a judge […]

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Judge says video would be ‘inappropriate’ in Westpac class action opt out notice
Class Actions 2020-09-30 4:15 pm By Christine Caulfield

A judge has scrapped a proposed video link sought by Slater and Gordon to be included in an opt out notice to group members in […]

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BHP can bring fraud claims against Cherwell Creek Coal
Adam Pomerenke 2020-08-24 9:34 pm By Alison Eveleigh

Mining giant BHP has been given the green light to bring allegations of fraud against competitor Cherwell Creek Coal in a long running dispute over […]

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‘Enough’s enough’: Court cuts bid for lengthy plea discussions in ANZ cartel case
Competition & Consumer Protection 2020-08-25 5:13 pm By Miklos Bolza

A local court magistrate overseeing the ANZ criminal cartel case has denied a bid by prosecutors to be given twice the length of time typically […]

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Judge tells AUSTRAC to ‘guillotine’ Westpac case as it readies more claims
Financial Services 2020-06-17 4:12 pm By Alison Eveleigh

A judge has warned AUSTRAC that it needs to finalise its case against Westpac over anti-money laundering breaches as the regulator readies a slew of […]

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