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Medical device supplier Medtronic has been socked with a $22 million penalty after it supplied non-compliant bone graft kits to hospitals, in what is the largest penalty under the Therapeutics Good Act.
Harvey Norman hit with second class action over ‘junk’ warranties
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A second law firm has filed a class action against Harvey Norman alleging it sold extended warranties to customers that had “no real value”.
CIMIC loses appeal against insurers over coverage for Iraq bribery cases
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Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.
Super Retail appeal to have ‘significant impact’ on settlements, court told
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Super Retail’s appeal of a decision refusing to suppress the terms of an alleged settlement with its former top lawyer raises important questions about without prejudice negotiations, a court has heard.
Failed CBA class actions want to stay fight over costs
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Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank’s costs until after their 62-ground appeal is heard.
Self Care wins IP action over FreezeFrame knockoffs
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Cosmetics maker Self Care has won its case against companies with ties to China that were found to have sold counterfeit versions of its popular Freezeframe anti-ageing creams.
Appeal bid in crypto class action against Google, Meta falls flat
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A court has refused leave to appeal a permanent stay of a class action run, funded and led by lawyer Andrew Hamilton against Google and Meta that challenged their crypto ad bans.
Alceon hit with $3M in damages for ‘misleading’ sale of Qld shopping centre
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Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.
Sydney light rail class action thrown out on appeal
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An appeals court has dismissed a class action on behalf of small businesses over alleged nuisance caused by the construction of Sydney’s $3 billion light rail network.
REST’s reliance on law firms’ advice a winning defence in ASIC case
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A judge has tossed ASIC’s case against REST over alleged misleading representations, finding the representations were statements of opinion reasonably held based on the advice of lawyers.