IOOF unit can’t stop ASIC from using royal commission evidence

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An IOOF subsidiary sued over “bad advice” has failed in its bid to stop ASIC from using documents from the banking royal commission as evidence in the case, with a judge saying the company had already provided the material to the financial watchdog without objection.

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Ousted Piper Alderman partner can’t bring sex discrimination claims against firm

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A former Piper Alderman partner has lost her bid to bring sex discrimination claims against the partners of the law firm, but can still proceed with her other claims.

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Court bars Mayfair’s Mawhinney from talking to investors ahead of wind up battle

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Mayfair director James Mawhinney has been blocked from talking to investors ahead of a hearing on an application to wind up the IPO Wealth fund, after a judge raised concerns about investors being “misled and coerced” by the investment hotshot.

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Merck Sharpe & Dohme sues Lupin over Januvia patent

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US pharmaceutical giant Merck Sharp & Dohme has taken a unit of Indian generic manufacturer Lupin to court for allegedly threatening to infringe the patent for its multibillion-dollar diabetes drugs Januvia and Janumet.

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Hungry Jack’s ‘bemused’ by McDonald’s trade mark lawsuit

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Hungry Jack’s has struck back at allegations that it deliberately copied the look of McDonald’s classic ‘Big Mac’ with its new ‘Big Jack’ burger, saying customers would not confuse the burgers.

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Virgin ordered to fly engines to US, as creditors sign off on $3.5B sale to Bain

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Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed to properly hand over the engines and other equipment to their owners.

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Long-serving producer sues Network Ten alleging $400,000 redundancy pay shortfall

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A former Network Ten executive producer, who worked for the broadcaster for over 30 years, is suing the company claiming it underpaid her severance entitlements to the tune of almost $400,000.

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PwC faces class action by bondholders of collapsed lender Axsesstoday

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Irate bondholders of Axsesstoday Limited, which collapsed in 2019 after breaching its loan term conditions, have filed a class action against the asset finance lender and its accountant PwC seeking to recoup their losses.

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It’s a rap: Jay-Z settles IP spat over Little Homie children’s book

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International hip-hop star Jay-Z has quietly settled his spat with Australian children’s book manufacturer The Little Homie for what his lawyers called “flagrant, glaring and contumelious” intellectual property infringement.

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