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Bannister Law off Ford class action in wake of funder feud
Allens 2018-10-22 3:49 pm By Cat Fredenburgh Melbourne

Bannister Law has withdrawn from a class action it filed against Ford over allegedly defective Powershift transmissions following a dispute between the firm and the litigation funder that’s backing the case.

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Cash Converters to pay $16.4M to settle consumer class action
Class Actions 2018-10-22 1:48 pm By Cat Fredenburgh Melbourne

Cash Converters has reached a settlement on the eve of trial in one of two consumer class actions alleging it engaged in unconscionable conduct by imposing high interest rates on short-term loans.

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Domino’s, Precision Tracking lay down swords in battle over GPS patents
Clayton Utz 2018-10-22 11:57 am By Cat Fredenburgh Melbourne

Domino’s Pizza and Precision Tracking have reached a settlement on the eve of trial in a hard-fought battle by the US pizza giant to invalidate two of the Australian tech startup’s patents covering a GPS system that helps customers locate delivery drivers in real-time.

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ACCC’s loss in Pfizer misuse of market power case to stand
Allens 2018-10-19 2:27 pm By Cat Fredenburgh Melbourne

The High Court has dismissed the ACCC’s bid to appeal a Full Federal Court decision upholding a ruling that drug giant Pfizer did not misuse its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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PwC gets court ok to file lawsuit against Vocation
Class Actions 2018-10-19 1:54 pm By Cat Fredenburgh Melbourne

PriceWaterHouse Coopers has received the green light to launch court action to pursue its cross claims against failed educational training company Vocation.

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High Court won’t hear Yazaki appeal of $46M fine
Appeals 2018-10-19 12:10 pm By Cat Fredenburgh Melbourne

Japanese car parts manufacturer Yazaki will have to pay a $46 million penalty for price-fixing, now that the High Court has refused to hear its appeal of the record competition fine.

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ACCC sets new bar for competition penalties
Competition & Consumer Protection 2018-10-18 11:34 pm By Cat Fredenburgh

The ACCC secured $120.1 million in competition penalties in the 2017-18 financial year, including a record $46 million fine, and with a strong influx of immunity applications throughout the year, the cartel cop shows no signs of slowing down.

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Judge stays $2.6M judgment against QBE over steel mill collapse
Hall & Wilcox 2018-10-18 7:36 pm By Cat Fredenburgh Melbourne

A Federal Court judge has stayed a $2.6 million award against QBE Insurance (Australia) to cover losses related to the 2014 collapse of steel product manufacturer Independent Tube Mills in 2014.

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In-house counsel warm to litigation finance
Business of Law 2018-10-18 4:51 pm By Cat Fredenburgh Melbourne

In-house counsel are becoming more open to litigation finance as a means to manage risk, according to a new report.

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Manic Panic founders defeat opposition to ‘Tish’ trade mark
Intellectual Property 2018-10-17 5:02 pm By Cat Fredenburgh Melbourne

The punk icons behind the vibrant hair dye Manic Panic have defeated an opposition to their bid to register the trade mark “Tish” for hair care products in Australia.

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