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Paypal finds friend in IP Australia, wins trade mark challenge to FinPal
Intellectual Property 2019-01-11 10:43 pm By Cat Fredenburgh

Online payment giant PayPal has successfully opposed trade mark registration sought by Australian financial planning software company FinPal, with IP Australia finding the -pal suffix to be a “striking similarity” between the two marks.

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ACCC reviewing leniency policy in light of concerted practices ban
Competition & Consumer Protection 2019-01-11 9:46 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission is taking a look at its program for granting  leniency to cartel whistleblowers in the wake of changes that make it easier for the regulator to bring cartel cases over collusive conduct.

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Class loses appeal over fatal Christmas Island boat crash
Appeals 2019-01-10 10:58 pm By Christine Caulfield

The families of asylum seekers who died in the 2010 Christmas Island boat crash have lost an appeal of a ruling that dismissed their class action against Australia.

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Toxic foam class action not time-barred, court hears
Class Actions 2019-01-10 10:36 pm By Cat Fredenburgh

The applicants in a class action over exposure to allegedly toxic foam used on a government military base have struck back at the Commonwealth of Australia’s argument that their claims were filed too late.

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Productivity Commission recommends ‘best in show’ shortlist as part of major super shake-up
Financial Services 2019-01-10 10:10 pm By Christine Caulfield

An independent expert panel who will determine a ‘Best in Show’ shortlist of super funds would take over from unions and employers in controlling Australia’s default superannuation system as part of a major overhaul of the $2.7 trillion industry recommended Thursday.

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Judge refuses injunction bid by Redarc in fight over vehicle brake patent
Intellectual Property 2019-01-10 2:42 pm By Christine Caulfield

A judge has rejected an application by auto electronics maker Redarc Group for an injunction in a case against rival B8 Systems over an innovation patent for its flagship vehicle brake controller, despite its strong case of infringement.

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Sandoz appeals loss in 15-year battle over Lexapro patent
Intellectual Property 2019-01-10 11:26 am By Christine Caulfield

Generic drug maker Sandoz is challenging a ruling that it infringed a patent behind Lundbeck’s blockbuster antidepressant Lexapro, reviving a 15-year fight over the lucrative intellectual property.

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Judge waives opt out notice in HIH Insurance class actions
Restructuring & Insolvency 2019-01-09 11:41 pm By Cat Fredenburgh

A judge has dispensed with the opt out notice requirement in two class actions filed in administration proceedings related to the spectacular collapse of HIH Insurance.

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Judge approved ‘unusual’ $36.5M class action deal because of Slater & Gordon’s ‘dire’ financials
Class Actions 2019-01-09 11:07 pm By Christine Caulfield

A judge who signed off on a contested $36.5 million settlement to resolve a $1 billion class action against Slater & Gordon has explained his reasons a year later, saying the “unusual” deal flowed from the law firm’s “dire financial situation”.

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Cytec wins challenge to Nalco mining patent
Intellectual Property 2019-01-09 9:27 pm By Miklos Bolza

US-based chemical and materials technology company Cytec Industries has successfully opposed an application by chemical company Nalco for an Australian patent for preventing sediment buildup on mining equipment.

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