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US cryptocurrency maker Ripple Labs has reached a settlement with the company behind the PayID mobile banking system, ending months of litigation in their trade mark spat.
Full Court throws out Aldi’s misleading conduct case against union
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The Full Federal Court has upheld the dismissal of grocery store Aldi’s lawsuit claiming that the Transport Workers Union engaged in misleading conduct by representing that it was responsible for road deaths and put “unsafe” pressure on truck drivers.
‘An early Christmas present for corporate criminals’: Plaintiff lawyers lash proposed class action reforms
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A group representing plaintiff law firm has lampooned recommendations from the government’s latest inquiry into class actions, including that the country’s continuous disclosure laws be permanently relaxed, saying they give corporations the green light to fleece consumers and mislead investors.
Class action expert finds PFAS ‘stigma’ diminished property values
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Properties near seven air force bases where allegedly toxic firefighting foam was used experienced a drop in land value because of the “stigma” of contamination, according to an expert report accepted by the Federal Court in a class action seeking compensation from the Federal government.
Judge blocks lawyers’ access to docs in stayed Monsanto class action
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Lawyers for the lead applicant in a stayed class action against Bayer-owned Monsanto over its weedkiller Roundup cannot access discovered documents in a separate class action against the agricultural giant in advance of mediation next year.
PwC sued by Zilzie Wines for unsolicited R&D tax credit advice
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Wine making family Forbes and one of its companies, Zilzie Wines, have launched legal action against PricewaterhouseCoopers alleging the professional services firm provided it with shonky tax advice that resulted in over $200,000 in loss and damages.
Judge signs off on Appco class action settlement in ‘rather unusual circumstances’
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A judge has approved a settlement he previously expressed a “nagging feeling of disquiet about” in a class action against fundraiser Appco Group, after group members “overwhelmingly” supported the proposal and further cash assets were uncovered that increased the settlement amount to $2.05 million.
AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
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A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.
Law firms agree to consolidate AMP insurance class actions
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Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings.
ACCC rejects Google undertaking to seal $3B Fitbit deal
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The Australian Competition and Consumer Commission has rejected a behavioural undertaking from Google intended to assuage the regulator’s competition concerns about its planned $3 billion acquisition of fitness device company Fitbit, saying it would be challenging to monitor and enforce.