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Law firm Corrs Chambers Westgarth is following in the footsteps of Squire Patton Boggs, with both now challenging a ruling that halted their shareholder class actions against logistics startup GetSwift.
Judge ‘suspicious’ of VW motive for killing Bannister class actions
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A judge overseeing five Dieselgate class actions against Volkswagen questioned on Wednesday the car giant’s claim that it wanted to close down two of the cases — run by Bannister Law — for the benefit of group members.
Patron loses opposition to Pirate Bay Rum trade mark
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IP Australia has denied liquor producer Patron Spirits’ opposition to rival Fernbrew’s trade mark for Pirate Bay Rum, saying the mark was not likely to be confused with Patron’s Pyrat brand of rum.
Teen injured on Carnival cruise wins $450,000 judgment
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A woman injured aboard a Carnival cruise ship when she was 14 years old has won a $450,000 judgment from the cruise line.
Home builder can’t keep customers from posting negative reviews online
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The ACCC has won an agreement from home builder Wisdom Properties to remove a non-disparagement clause from its standard home building agreement after the regulator said the clause likely violates the Australian Consumer Law.
Online lender Prospa delays float to deal with ASIC queries
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Online small business lender Prospa postponed Wednesday’s expected float for 48 hours to “clarify” questions by the corporate regulator over its small business loans.
Class action filed against BHP Billiton over Brazil dam disaster
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BHP has been hit with a shareholder class action over the deadly Samarco mine disaster that wiped off $25 billion from the share price of the mining giant.
Asiago cheese needn’t come from Italy, IP Australia rules
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IP Australia has ruled in part that cheese branded with the Asiago label need not be manufactured in the Asiago region in Italy, striking down an opposition to a trade mark filed by cheese producer Sartori Company.
Wyeth says generic Effexor registration ‘not legitimate’
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Three generic drug manufacturers cannot claim damages for an injunction barring the release of cheaper versions of Effexor-XR, even if the injunction was later overturned, pharmaceutical giant Wyeth told a judge on day two of a six-week trial over its blockbuster antidepressant.
Ex-Citi, Deutsche CEOs among 6 charged over alleged ANZ cartel
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High-ranking bank officials, including the former CEOs of Citigroup and Deutsche Bank in Australia, are among the executives charged over a cartel involving a $2.5 billion ANZ institutional share placement.