Full Court upholds validity of Pfizer’s Dynastat patent

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A judge has thrown out competing appeals of a decision finding Pfizer’s patent for its post-operative injectable painkiller Dynastat is valid and that Australian drug maker Juno Pharmaceuticals infringed the patent by selling generic versions of the drug in Australia.

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Firm asked rivals not to bid for $250M university project, ACCC says in new cartel case

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The ACCC has brought court action accusing national architecture firm Ashton Raggatt McDougall and its former boss of attempting to rig bids for a $250 million building project at Charles Darwin University by asking competitors not to submit a tender.

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CIMIC knocks ballooning pleadings in shareholder class action

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Construction firm CIMIC has foreshadowed a fight over “obscure” new pleadings in a two year-old shareholder class action alleging the company failed to keep the market informed about issues with its Middle East operations.

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Mobile network deal with Telstra could lead to TPG price hikes, ACCC says

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A mobile network sharing agreement between Telstra and TPG is likely to boost the companies’ services to customers but could lead to TPG raising prices, the competition regulator said Friday.

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Justice Jayne Jagot picked for High Court in historic appointment

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Federal Court Justice Jayne Jagot has been appointed as the seventh ever female Justice of the High Court, marking the first time in Australia’s history that a majority of judges on Australia’s top court are women.  

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CBA defeats ‘misconceived’ ASIC conflicted remuneration case

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The Australian Securities and Investments Commission has suffered a defeat in proceedings alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of its Essential Super product, with a judge finding the regulator “ignored the circumstances” in which the product was distributed.

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‘I have no faith in your time records’: Class action firm ticks off judge

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A judge who slashed the fees of a law firm that reached a $1.55 million settlement in two class actions against supermarket chain Romeo’s has expressed her “annoyance” at the firm’s attempt to tender time records to justify the bill.

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Retiring High Court judge thanks Queensland lawyers for ‘gentle act of subversion’

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The High Court was ostensibly convened in his home state of Queensland to consider special leave applications, but something told Justice Patrick Keane that was not the full story.

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Dick Smith execs ask High Court to toss case over final dividend

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Two former executives of defunct electronics retailer Dick Smith have asked the High Court to hear their challenge to a $11.8 million damages award for approving a dividend payment the company could not afford.

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Government flags tougher privacy laws in wake of Optus breach

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The federal government has flagged reforms to Australia’s privacy laws in the wake of a cyberattack that left the data of up to 10 million current and former Optus customers exposed, including heftier penalties for companies that fail to safeguard users’ personal data.

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