Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel

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Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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MinterEllison snags leading superannuation lawyer from Herbert Smith Freehills

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MinterEllison has recruited financial services and superannuation law expert Ruth Stringer to lead the national super practice she established some 20 years ago.

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Full Court upholds class action waiver in Ruby Princess case

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The Full Federal Court has thrown out a decision that found foreign passengers could join a class action against cruise operator Carnival PLC over the 2020 COVID-19 outbreak aboard the Ruby Princess, finding a class action waiver was not unfair.

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Litigation funding regulations to be rolled back by Albanese government

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The Albanese government has introduced legislation that would roll back the requirement that litigation funders hold an AFSL and register their class actions as managed investment schemes, saying the Morrison government era-regulations were not fit for purpose.

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Class action funder must indemnify Virgin despite ‘nonsensical’ agreement

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A judge has ruled that a litigation funder for an investor class action against Virgin must give the airline an indemnity to bring proceedings despite finding a deed of company arrangement requiring the pay-out “didn’t make sense”.

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Mercedes-Benz hit with $12.5M penalty for downplaying Takata airbag recall

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Mercedes-Benz has been hit with $12.5 million in penalties for failing to use attention capturing, high impact language when communicating with customers about a compulsory recall of potentially deadly Takata airbags.

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Class action filed over police use of capsicum spray on IMARC protestors

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A class action has been filed targeting Victoria Police’s use of capsicum spray and excessive force against protestors at the International Mining and Resources Conference in Melbourne three years ago.

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