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Glencore in-house counsel wins Cargill deal docs to mull settlement
Agriculture 2018-09-18 1:27 pm By Cat Fredenburgh Melbourne

In-house counsel at Glencore has been granted access to “highly confidential” documents related to the possible sale by Cargill of its Joe White malt business so that he can mull a settlement offer.

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Kleenex flushable wipes an ‘environmental catastophe’, ACCC tells court
Australian Government Solicitor 2018-09-17 9:07 pm By Miklos Bolza Sydney

The Australian Competition and Consumer Commission has launched its opening volley against consumer goods giant Kimberly-Clark Australia, saying its Kleenex ‘flushable’ wipes were unsuitable for sewers and septic tanks and an “enormous burden” on the Australian wastewater system.

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Shareholders to contest Bellamy’s cost-capping bid in class actions
Class Actions 2018-09-14 2:09 pm By Christine Caulfield Melbourne

A sought-after court order by organic baby food maker Bellamy’s to limit legal costs in two class actions won’t come without a fight, a barrister for the shareholders said Friday.

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Cargill wins bid to call King & Wood Mallesons solicitor as a witness
Agriculture 2018-09-11 11:29 pm By Cat Fredenburgh

A judge has granted Cargill Australia’s request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial over the $420 million sale of Viterra’s Joe White business to Cargill in 2013.

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Judge questions size of Westpac’s $35M settlement with ASIC
Exclusive 2018-09-10 1:44 pm By Miklos Bolza Sydney

A Federal Court judge on Monday held off on approving Westpac’s $35 million settlement with the corporate watchdog over responsible lending law breaches, saying the amount seemed too high.

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VisionSearch takes final shot at ObjectiVision’s ‘limited’ case
Allens 2018-09-06 10:58 pm By Miklos Bolza Sydney

ObjectiVision has presented a “limited” and “debatable” case that its source code for a glaucoma testing device was copied, the Federal Court heard Thursday as the trial in a four-year spat with the University of Sydney over IP rights came to a close.

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Motorola says Hytera misled court, wins discovery request
Cameron Moore 2018-09-06 8:34 pm By Miklos Bolza Sydney

Motorola Solutions says Hytera Communications misled the Federal Court about key decision makers involved in the development of radio products which it claims infringe three of its patents.

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Sirtex buyout sparks insolvency fears by class action
Class Actions 2018-09-05 9:31 pm By Miklos Bolza Sydney

Concerns that the proposed acquisition of Sirtex Medical by a Chinese private equity firm would leave the company with insufficient funds to cover a settlement or judgement in a class action were eased Wednesday, after a barrister said the takeover would leave the company with just under $1 billion in assets.

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Westpac to pay $35M to settle ASIC case over automated home loans
Competition & Consumer Protection 2018-09-04 3:07 pm By Cat Fredenburgh Melbourne

Westpac will pay $35 million to settle a case brought by ASIC alleging the bank breached responsible lending laws through its automated home loan system, the largest civil penalty ever awarded under the National Credit Act.

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Westpac close to settling ASIC’s responsible lending case
Financial Services 2018-09-03 9:27 pm By Miklos Bolza Sydney

A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.

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