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Dick Smith shareholder must join class action to pursue claims, judge says
A Dick Smith shareholder has lost his bid to bring a separate proceeding against the failed home goods retailer while two class actions are afoot.
ACCC’s loss in Pfizer misuse of market power case to stand
The High Court has dismissed the ACCC's bid to appeal a Full Federal Court decision upholding a ruling that drug giant Pfizer did not misuse its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.
Dick Smith liquidators accuse class action firms of spamming group members
Liquidators for Dick Smith don't want potential group members in two class actions against the failed retailer to learn about a new registration deadline by email, saying it would amount to spam and harassment.
Hyundai wins $5.6M payout in ICC arbitration dispute
Hyundai Engineering and Steel Industries has been granted almost $5.6 million in compensation in a case against Australian company Alfasi Steel over construction delays on Sydney's International Convention Centre.
Hyundai lawsuit over $7.9M arbitration award gets go-ahead
A judge has said a case filed by Hyundai Engineering & Steel Industries to enforce a $7.9 million arbitration award against Alfasi Steel over the delayed construction of Sydney's International Conference Centre can move forward even though Alfasi has gone into administration.
Ultra Tune’s “elaborate ruse” diverted ACCC investigation, court hears
Two 'sham letters' produced by a senior manager of national car repair franchise Ultra Tune led both the ACCC and the court 'down the garden path,' a Federal Court judge heard Thursday.
GSK slams ACCC’s ‘onerous’ compliance program in Voltaren case
The final day of trial in the ACCC's case over muscle gel Voltaren wrapped up Wednesday with a barrister for GlaxoSmithKline slamming as 'onerous' a compliance regime proposed by the consumer watchdog and blasting an injunction as unnecessary for a problem the pharmaceutical giant 'inherited' from Novartis.
ACCC is not GSK’s compliance department, court told
The first day of a liability hearing in a consumer case over GlaxoSmithKline's marketing for its popular Voltaren products has seen an ACCC witness deflect accusations the regulator was vague about its misleading packaging concerns, placing the blame squarely on the pharmaceutical giant.
Judge stays Hyundai case over $7.9M arbitration award
A judge has stayed a case brought by Hyundai to enforce a $7.9 million arbitration award against Alfasi Steel related to the delayed construction of Sydney's International Conference Centre until a challenge to the award in Singapore's High Court concludes.
Servcorp settles ACCC case over unfair small biz contracts
ASX-listed Servcorp has settled court action by the consumer watchdog over unfair terms in its small business contracts that shielded the office space provider from liability and gave it unilateral power to terminate agreements with customers.