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ACCC brings cartel case against Cryosite over ‘gun jumping’
Competition & Consumer Protection 2018-07-12 11:49 am By Cat Fredenburgh Melbourne

The ACCC has brought a cartel case against biologics company Cryosite for agreeing to coordinate with competitor Cell Care prior to the completion of their merger agreement.

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Funder slashed rates to secure $132.5M QBE settlement, judge says
Allens 2018-07-11 11:32 pm By Cat Fredenburgh Melbourne

The litigation funder behind the Federal Court’s precedential ruling that established the first common fund order in an Australian class action agreed to cuts its rates as part of negotiations that resulted in the $132.5 million settlement of the class action against QBE Insurance.

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Ethicon applicants asked to weigh in on UK ruling on defective products
Class Actions 2018-07-11 12:29 pm By Cat Fredenburgh Melbourne

The judge overseeing a class action against Johnson & Johnson over allegedly defective vaginal mesh products has asked the applicants to weigh in on a recent UK High Court ruling that found there must be an abnormal risk in order for a product to be considered defective.

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Provident Capital class actions near trial date
Class Actions 2018-07-10 11:58 pm By Cat Fredenburgh Melbourne

A trial is set to kick off at the end of July in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees’ mismanagement of debenture issuer Provident Capital.

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IMF Bentham mulls privacy class action against Facebook
Class Actions 2018-07-10 9:17 pm By Cat Fredenburgh Melbourne

IMF Bentham is considering funding a privacy class action against Facebook for allowing political research firm Cambridge Analytica to harvest information from the Facebook accounts of over 311,000 Australians.

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Commonwealth Bank class tries to fix ‘pleading deficiencies’
Class Actions 2018-07-09 11:24 pm By Cat Fredenburgh Melbourne

The plaintiffs in a shareholder class action against Commonwealth Bank have taken another stab at their statement of claim, after a judge struck down the part of their pleading alleging the bank’s systems for assessing money laundering and terrorism financing risk were deficient.

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ACCC says Click Energy misled consumers about discounts
Competition & Consumer Protection 2018-07-09 5:52 pm By Cat Fredenburgh Melbourne

The ACCC has filed a lawsuit against Click Energy for allegedly misleading consumers about possible discounts on their energy bills.

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Octaviar investors appeal toss of class action against Queensland’s Public Trustee
Article 2018-07-06 11:05 pm By Cat Fredenburgh Melbourne

Investors in the failed Gold Coast finance group Octaviar are challenging a decision throwing out their class action, which alleged the Public Trustee of Queensland deserved some of the blame for their massive losses.

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Mondelez loses bid to protect trade secrets in Kraft-Bega peanut butter case
Addisons 2018-07-06 3:54 pm By Cat Fredenburgh Melbourne

The judge overseeing the lawsuit between Kraft and Bega over peanut butter trade dress rights has denied a request by non-party Mondelez to implement a restrictive regime to protect its trade secrets in certain transaction documents it has produced in the case.

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IP Australia revokes four Aristocrat Technologies gaming patents
Griffith Hack 2018-07-06 12:41 pm By Cat Fredenburgh Melbourne

IP Australia has revoked four innovation gaming patents held by Aristocrat Technologies related to the use of configurable symbols in a game, saying the inventions didn’t amount to anything other than games and game rules.

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