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Foxtel loses six-year battle with Cognizant unit over digital download patent
Intellectual Property 2022-10-04 4:31 pm By Sam Matthews

Cable TV giant Foxtel has lost a protracted IP battle with subsidiary of global tech giant Cognizant over a digital download patent for a modern DVR system.

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Judge declasses Wilson Security class action over objections from group members
Class Actions 2022-10-04 3:32 pm By Sam Matthews

Despite objections from numerous group members, a judge has tossed an underpayments class action brought by a self-represented applicant against Wilson Security, ruling that class actions should not be run without lawyers.

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KordaMentha launches financial crime service with new acquisition
Business of Law 2022-10-04 3:31 am By Cindy Cameronne

Responding to increasing crackdowns on anti-money laundering and counter terrorism breaches, Melbourne consulting firm KordaMentha has merged with Australian advisory firm Murray Waldren Consulting to form a new financial crimes service. The partnership comes off the back of damning reports by gaming regulators in NSW and Victoria into major casinos Star Entertainment and Crown Resorts.…

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Grant Thornton, Moore Stephens sued over Linchpin audits
Financial Services 2022-09-30 6:04 pm By Sam Matthews

Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly used investor money to advance the company’s business interests and line its directors’ pockets.

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Full Court upholds validity of Pfizer’s Dynastat patent
Intellectual Property 2022-09-30 4:58 pm By Cindy Cameronne

A judge has thrown out competing appeals of a decision finding Pfizer’s patent for its post-operative injectable painkiller Dynastat is valid and that Australian drug maker Juno Pharmaceuticals infringed the patent by selling generic versions of the drug in Australia.

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Firm asked rivals not to bid for $250M university project, ACCC says in new cartel case
Competition & Consumer Protection 2022-09-30 4:16 pm By Sam Matthews

The ACCC has brought court action accusing national architecture firm Ashton Raggatt McDougall and its former boss of attempting to rig bids for a $250 million building project at Charles Darwin University by asking competitors not to submit a tender.

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CIMIC knocks ballooning pleadings in shareholder class action
Class Actions 2022-09-30 2:08 pm By Sam Matthews

Construction firm CIMIC has foreshadowed a fight over “obscure” new pleadings in a two year-old shareholder class action alleging the company failed to keep the market informed about issues with its Middle East operations.

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Mobile network deal with Telstra could lead to TPG price hikes, ACCC says
Competition & Consumer Protection 2022-09-30 11:14 pm By Christine Caulfield

A mobile network sharing agreement between Telstra and TPG is likely to boost the companies’ services to customers but could lead to TPG raising prices, the competition regulator said Friday.

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‘I have no faith in your time records’: Class action firm ticks off judge
Class Actions 2022-09-29 4:08 pm By Cindy Cameronne

A judge who slashed the fees of a law firm that reached a $1.55 million settlement in two class actions against supermarket chain Romeo’s has expressed her “annoyance” at the firm’s attempt to tender time records to justify the bill.

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Dick Smith execs ask High Court to toss case over final dividend
High Court 2022-09-29 10:33 pm By Cat Fredenburgh

Two former executives of defunct electronics retailer Dick Smith have asked the High Court to hear their challenge to a $11.8 million damages award for approving a dividend payment the company could not afford.

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