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Eight law firms made it to the courthouse door just under the wire last week, filing class actions on the eve of regulations that will require funders to register their class actions as managed investment schemes.
Facing lawsuit, Woolworths reverses position in pay dispute with union
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Woolworths has agreed to fast-track retail employee pay increases after a union hit the supermarket giant with a lawsuit this week.
Ripple Labs to rebrand in face of PayID trade mark lawsuit
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US blockchain technology firm Ripple Labs has said that it will rebrand and block access to allegedly infringing websites as it seeks to rapidly resolve an intellectual property dispute launched over the PayID trade mark.
Judge won’t stall opt out notice in AMP class action
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A court has given the green light for opt out and registration notices to be sent to group members in a shareholder class action against AMP, despite objections by the lead plaintiff in a competing class action.
$1.9M Appco class action settlement to provide ‘limited’ recovery for charity workers
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A $65 million sham contracting class action against fundraising company Appco has settled for just $1.9 million, leaving the company’s allegedly underpaid army of sales staff with “limited” recoveries of between $770 and $2,320.
Australian Olympic Committee, beer maker lay down arms in IP dispute
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The Australian Olympic Committee has settled litigation brought against a local microbrewery for allegedly violating its intellectual property by featuring the AOC coat of arms on its products and packaging without permission.
QBE looks to shrink ANZ add on insurance class action
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Insurer QBE wants to downsize a massive class action brought against it and banking giant ANZ over the sale of allegedly worthless add on insurance.
CIMIC faces shareholder class action over $1.8B Middle East writedown
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Just four months after paying $32 million to settle a shareholder class action over disclosures relating to allegations of foreign bribery, engineering services company CIMIC faces another class action, this one alleging failures to keep the market informed about issues with its Middle East operations.
Labor looks to shut down litigation funding regulations in Senate
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The Labor party will look to cross benchers in the Senate to overturn the Morrison government’s new rules governing class action funders, saying the regulations would make litigation more expensive.
Owner of PayID trade mark sues cryptocurrency company Ripple Labs
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The company behind the ubiquitous mobile banking PayID system has filed Federal Court trade mark proceedings against a US blockchain technology firm over its global real-time payment service.