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Regenerative medicine company Mesoblast is facing another class action over claims it misled shareholders about the potential application of a developmental stem cell product to treat terminally ill children.
Full Court shoots down Boehringer opposition to Merck Sharp & Dohme’s parasite patent
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The Full Federal Court has rejected German drug maker Boehringer Ingelheim’s appeal of ruling that shot down its opposition to Merck Sharp & Dohme’s patent application for an injectable anti-parasite drug for livestock.
Andrews government tries again to strike out hotel quarantine class action
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The state of Victoria has asked a court to strike out a class action alleging lapses in its hotel quarantine program caused businesses to suffer losses when stage three and four COVID-19 restrictions were put in place between July and August 2020.
High Court asked to decide if AI can be inventor on patent
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The High Court has been asked to wade into the debate over whether artificial intelligence can be named as an inventor on patent applications, after the Full Court overturned a landmark victory for AI pioneer Dr Stephen Thaler.
a2 Milk hit with another shareholder class action
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a2 Milk is facing a shareholder class action in New Zealand on behalf of investors who allegedly suffered loss when the company’s share price plummeted on the heels of a revised outlook for the 2021 financial year amid challenges in the Chinese market.
Viagogo loses appeal of $7M penalty for duping consumers
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Viagogo has lost a bid to overturn a $7 million penalty handed down after a judge found the ticket reseller misled customers on an “industrial scale”.
High Court to hear Botox trade mark appeal
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The High Court has granted special leave to a cosmetic company to challenge a judgment finding it infringed Botox maker Allergan’s trade marks by marketing its topical creams as Botox alternatives.
Perth Airport misled United in lease negotiations, lawsuit claims
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United Petroleum has taken Perth Airport to court, arguing it was induced to enter a $900,000 lease and construction agreement at the airport’s central precinct with empty promises of redevelopment at the site.
Cotton On reaches settlement in copyright stoush with streetwear rival
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Cotton On has settled court proceedings brought against rival surf and streetwear label Ghanda for threatening it with a copyright and trade mark infringement lawsuit.
No hard time limit on criminal charges against ME Bank, prosecutors say
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Challenging a ruling that tossed half the charges brought against direct bank Members Equity, prosecutors have told an appeals court the ASIC Act does not impose a strict deadline for bringing a criminal case of misleading or deceptive conduct.