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ISPs ordered to block sites that ‘rip’ audio from YouTube music videos
Allens 2019-05-28 3:12 pm By Miklos Bolza

The court has ordered Australia’s biggest internet service providers to block seven websites from “ripping” audio files from music videos on YouTube, in what the judge described as “industrial scale copyright infringement”.

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Trial date at risk as Iluka Resources class races to lock in new funder
ACA Lawyers 2019-05-16 4:53 pm By Amelia Birnie

The applicants in the Iluka Resources investor class action have just 14 days to sort out their funding troubles and provide a $1.25 million security, as a judge warns he will not be able to hold their trial date any longer.

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Judge slams Copyright Agency’s $32.5M interim request from universities as ‘absurd’ and ‘unfair’
Baker McKenzie 2019-05-09 2:59 pm By Amelia Birnie

A group of 39 of Australia’s largest universities has managed to avoid paying its full $32.5 million annual fee to Copyright Agency Ltd, while a dispute over the terms of a licence remains unresolved.

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Westpac slams ASIC for ’19th century approach’ to home loans
Financial Services 2019-05-06 8:35 pm By Miklos Bolza

Banking giant Westpac has criticised the Australian Securities and Investments Commission’s old fashioned approach to home loan serviceability, saying its own complex system is more efficient and would “pass muster” in the face of the regulator’s allegations that it breached responsible lending laws.

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ASIC to face off against Westpac after judge ripped up $35M settlement deal
Class Actions 2019-05-02 9:22 pm By Cat Fredenburgh

The Australian Securities and Investments Commission will gets a chance on Monday to prove its claims that Westpac breached responsible lending laws by providing unsuitable home loans when the two face off in a high-stakes trial following the court’s rejection of what would have been a record $35 million penalty for breaching the country’s lending laws.

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Judge won’t kill claim that court can wind up foreign company with no Aussie biz
Employment 2019-04-29 9:14 pm By Christine Caulfield

A judge has refused to summarily dismiss a claim that the Federal Court has inherent power to order the winding up of a foreign company even if the company has no business in Australia and is not subject to the Corporations Act.

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Funding for Iluka Resources class action in limbo amid dispute with Harbour
Class Actions 2019-04-09 9:32 pm By Christine Caulfield

Funding for a shareholder class action against mineral sands company Iluka Resources is in doubt after Harbour Litigation Funding unilaterally backed out of an agreement to finance the litigation.

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Novel challenge to IP Australia’s building patent grant dropped
Australian Government Solicitor 2019-04-08 8:40 pm By Miklos Bolza

A case simultaneously challenging IP Australia’s decisions to accept, grant and certify an innovation patent owned by one of Australia’s biggest building product companies has been withdrawn, a court has heard.

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REST questions duty of care in lawsuit over climate change disclosures
Allens 2019-04-02 7:51 pm By Miklos Bolza

The trustee of the Retail Employees Superannuation Trust wants more details about an ecological landscaper’s allegation that it breached its duty of care by failing to make adequate disclosures about climate change risks.

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Deep Investments can’t take another shot at case, Full Court says
Appeals 2019-04-01 2:28 pm By Cat Fredenburgh

The Full Court has denied a bid by Deep Investments to vary orders dismissing its case against a solicitor and six others over $10 million in alleged share trading losses, saying this would amount to allowing the investment adviser to bring a different claim.

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