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Funder’s cut of S&P class action settlement to go under microscope
The judge overseeing seven class actions against S&P Global Ratings over toxic financial products has appointed a barrister to advise him on whether to approve a confidential global settlement, which would give funder Litigation Capital Partners about half the payout.
Google loses bid to patent mobile payment system
Google has lost a bid for a patent for a mobile payment system, with an examiner for IP Australia calling the proposed patent a business rather than technical innovation.
Famed Melbourne pub sues McDonald’s over ‘Corner’ trade mark
The Corner Hotel in Melbourne is suing McDonald's, claiming a new hipster cafe that serves as a testing lab for the fast food giant violates its trade mark.
Streem gets licence extension in dispute with Copyright Agency
Media monitoring company Streem has been granted interim relief in its dispute with the Copyright Agency Limited over the terms of an agreement to sublicence news content from leading publishers, including News Corp, Fairfax Media, and Bauer Media. 
Butcher wins $585,000 from employer over workplace assault
National wholesale butcher Top Cut Foods has been ordered to pay almost $585,000 after a judge found its negligence led to a workplace assault which gave one of its employees PTSD.
Sydney exec fights extradition to US over Iran weapons embargo violations
A Sydney executive is fighting plans to extradite him to the US to face charges that he supplied military technology to Iran in violation of a weapons embargo.
Class seeks to slash Quinn Emanuel, Vannin’s fees by millions
The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have their costs slashed by millions of dollars, saying their fees left little of the settlement for group members.
Firms abandon planned class actions against Retail Food Group
Law firm Maurice Blackburn has dropped plans for a class action against Retail Food Group alleging the franchisor misled shareholders about the long-term viability of its business model.
Judge tosses sailor class action over Navy’s broken promise
A judge has dismissed a proposed class action against the Commonwealth of Australia alleging it breached a contract to train enlisted Navy sailors to earn engineering degrees, ruling the contract void.
Slater & Gordon to file class action against Brambles
A shareholder class action will be filed against Brambles now that IMF Bentham has agreed to unconditionally fund the case over alleged misstatements related to the logistics company's 2017 financial year sales and revenue forecasts.