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Unlockd’s administrators weigh litigation funding to continue Google case
Article 2018-06-25 12:39 pm By Christine Caulfield Melbourne

Unlockd’s administrators are weighing whether and how to continue the failed company’s legal fight with Google and have won a reprieve from a second meeting of creditors while they consider the options, which include third-party litigation funding.

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FWC shoots down appeal of union merger approval
Construction 2018-06-22 11:31 pm By Christine Caulfield Melbourne

Two employer groups have lost their appeal of a Fair Work Commission decision that signed off on the merger of the Construction, Forestry, Mining and Energy Union with two other unions.

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Fears of class action ‘explosion’ unfounded, VLRC chair says
Class Actions 2018-06-22 11:28 pm By Christine Caulfield Melbourne

Any claims that Australia will face a US-style explosion of class actions if lawyers are free to charge contingency fees are unwarranted, the head of the Victorian Law Reform Commission told Lawyerly in response to criticism of recent litigation reform proposals.

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Gaia blasts ACCC for ‘misleading’ press release over fine
Competition & Consumer Protection 2018-06-22 11:50 am By Christine Caulfield Melbourne

Baby brand GAIA  has lashed out at the consumer watchdog for issuing a press release announcing a $37,800 fine against the company for misleading ‘organic’ labels on three of its products, saying the release itself was “potentially misleading” to consumers.

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Fair Work Ombudsman loses bid for hefty fine in MUA strike case
Article 2018-06-21 11:16 pm By Christine Caulfield Melbourne

The Fair Work Ombudsman lost its argument for $4.1 million in penalties against the CFMMEU for industrial action at shipping terminals in Sydney and Brisbane, with a judge instead fining the union just $38,000.

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Fat pill patent by Danone unit gets IP Australia’s OK
Healthcare 2018-06-21 9:36 pm By Christine Caulfield Melbourne

Danone’s Nutricia unit has defeated a challenge by New Zealand’s dairy cooperative Fonterra to registration of an Australian patent for the use of a nutritional pill for increasing weight gain in frail, elderly people.

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CBA’s $25M rate-rigging settlement gets court OK
Competition & Consumer Protection 2018-06-21 10:58 am By Christine Caulfield Melbourne

The Federal Court has approved Commonwealth Bank’s $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate.

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Toys ‘R’ Us to close after administrators fail to find buyer
Article 2018-06-20 10:56 pm By Christine Caulfield

Toys ‘R’ Us Australia will wind down after all potential buyers pulled out of purchasing the failed toy retailer, administrators said Wednesday.

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Trustee settles class action over LKM Capital collapse
Class Actions 2018-06-20 3:36 pm By Christine Caulfield Melbourne

The trustee for collapsed investment group LKM Capital has reached a settlement in a class action brought on behalf of hundreds of investors who sunk $63 million into the failed firm.

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Aussie acai berry co. denies stealing rival’s story
Article 2018-06-19 5:40 pm By Christine Caulfield Melbourne

An Australian acai berry company has hit back at accusations it co-opted the pioneering narrative of US acai berry bowl maker Sambazon to promote a competing business.

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