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Slater & Gordon is probing a possible class action against Allergan Australia on behalf of women who developed a rare form of lymphoma linked to the company’s textured breast implants.
Former Dick Smith execs may seek to vacate trial date if cross claims filed
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Two former executives of Dick Smith may seek to vacate an upcoming trial date for two class actions against the failed retailer, after recently being hit with cross claims by the company’s former auditor, Deloitte.
Garuda may face contempt motion for ‘unthinkable’ failure to pay $19M cartel fine
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Indonesian national airline Garuda faces a possible contempt motion by the competition regulator for failing to pay a $19 million court-issued fine after it was found guilty of air cargo price-fixing, a failure a judge called “almost unthinkable”.
‘Stalinist’ APRA deterring ‘good people’ from super industry, ex-IOOF directors say
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The former directors of troubled fund manager IOOF have slammed APRA for bringing a “truly hopeless” disqualification case against them, telling a court the prudential regulator’s “Stalinist” approach was deterring “good people and good companies” from participating in the superannuation industry.
ACCC launches safety review of baby sleep products after US deaths
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The Australian Competition and Consumer Commission has launched a safety review of bouncers, rockers and inclined sleep products for babies after at least 74 infant fatalities were reported in the United States.
Piper Alderman’s $3.5M legal bill for running KPMG class action in limbo
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A judge has refused to approve Piper Alderman’s $3.5 million in legal fees charged for running a class action against KPMG, appointing Grant Thornton as contradictor and giving the auditor the ability to seek assistance from the court for any future disputes about the controversial bill.
Celeb-backed rival sports news sites settle IP dispute
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A US sports news website founded by former Yankees shortstop Derek Jeter featuring content by athletes has agreed to settle an IP lawsuit brought against a rival Australian site for allegedly copying its look.
ASIC puts banks on notice after review shows ‘extremely poor value’ of credit insurance
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The corporate watchdog has warned “robust” enforcement action is on the cards for banks and lenders, after a review found consumer credit insurance policies to be “extremely poor value for money”, paying out as little as 11 cents per dollar spent in premiums on average.
Cleveland-Cliffs unit keeps counterclaim alive in dispute over $2.5B Koolyanobbing mine contract
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A subsidiary of US mining giant Cleveland-Cliffs has won a fight to keep its counterclaim against a contractor alive in a dispute over the Koolyanobbing iron ore mine in Western Australia.
Law firm mulls Mitsubishi fuel label class action after man wins $40,000 for misleading sticker
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Mitsubishi Motors is facing a class action investigation over allegedly misleading Triton 4WD fuel consumption labels that were at the centre of an individual consumer case that resulted in a $40,000 refund.