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Israeli drug company Neurim Pharmaceuticals has lost a bid to patent a mini version of its melatonin tablet Circadin for children, after a successful challenge by Australian drug maker Generic Partners.
AAT overlooked deterrence in overturning SMSF auditor’s disqualification
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A judge has set aside a tribunal’s decision not to disqualify a SMSF auditor for breaching independence rules, finding the tribunal had failed to consider general deterrence.
Santos loses appeal over $4.7B Barossa offshore drilling project
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Santos has lost its challenge to a judge’s decision to revoke approval for its $4.7 billion offshore gas project because Tiwi Islanders were not properly consulted about the project.
Grant Thornton sued by Quantum Graphite over 14-month trading suspension
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Mining company Quantum Graphite has filed proceedings against accounting firm Grant Thornton over a 2020 report that caused the Australian Stock Exchange to suspend trading in the mining company’s securities for 14 months.
New IR legislation shakes up Fair Work Act
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The Albanese government has succeeded in advancing labor reforms that it says will strengthen access to wage bargaining, encourage job security and gender equity, and bolster the role of the Fair Work Commission.
JD Group wins partial appeal in couple’s case over $10M off-the-plan apartment
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Developer JD Group has scored a partial win in its challenge to a damages award to a Melbourne couple over a “deliberately misleading” rendering of a $9.6 million apartment, with a judge saying the case showed the “inherent risk” in buying apartments off-the-plan.
Vanguard hit with penalty for misleading investors about ‘ethical’ fund
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Vanguard Investments has coughed up almost $40,000 for allegedly misleading investors about funds that purportedly did not invest in companies that sell or manufacture tobacco.
Chemist Warehouse to stop selling Victoria’s Secret fragrances while lawsuit underway
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US lingerie and beauty giant Victoria’s Secret has won undertakings from Chemist Warehouse to stop selling allegedly fake fragrance products until a trade mark suit against the pharmacy giant is decided.
Corelogic again seeks to block copyright case over data scraping
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Property data analytics firm CoreLogic is taking aim again at a lawsuit accusing it of unauthorised scraping of confidential information from building information provider BCI Media’s copyright-protected leads platform, months after a judge found the case was “defective and deficient”.
Law firm launches action against Medibank as raw data released
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Medibank faces a representative proceeding over last month’s data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.