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KPMG lures top-flight laterals for growing law team
Clayton Utz 2019-03-01 9:50 pm By Christine Caulfield Melbourne

KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial services regulation, technology and telecom transactions, and government offerings.

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Lundbeck earned $51.7M in settlements with generic makers over Lexapro patent
Clayton Utz 2019-02-27 10:09 pm By Christine Caulfield Melbourne

Danish pharmaceutical giant Lundbeck secured $51.7 million in settlements to end infringement litigation with three generic makers over its patent for the top-selling Lexapro, the company has revealed.

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Global insurer Jardine Lloyd Thompson can access names of local councils behind class action
Class Actions 2019-02-21 9:15 pm By Miklos Bolza Sydney

Global insurer Jardine Lloyd Thompson has won access to the identities of local councils suing it in a NSW class action brought by Quinn Emanuel alleging the broker charged the councils excessive premiums.

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Victorian Government can’t save Esso’s Bass Strait arbitration
Appeals 2019-02-20 5:59 pm By Miklos Bolza Sydney

The Full Court of the Federal Court has shot down a bid by the Victorian Government to intervene a second time in a long-running bargaining dispute between Esso Australia and three key Australian unions over its Bass Strait offshore oil and gas operations.

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Sandoz ordered to pay Lundbeck over $26.3M for infringing Lexapro patent
Clayton Utz 2019-02-19 10:18 pm By Christine Caulfield Melbourne

Generic drug maker Sandoz must pay $26.34 million to Danish pharmacuetical giant Lundbeck and a subsidiary for infringing the Australian patent behind the blockbuster antidepressant Lexapro, a judge has found.

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Octaviar class action appeal ‘completely misconceived’, Full Court hears
Class Actions 2019-02-15 10:52 pm By Miklos Bolza Sydney

A judge’s decision to halt questioning about ASIC emails in a class action trial over the 2008 collapse of finance group Octaviar didn’t shut the case down, the Public Trustee of Queensland has told the Full Federal Court, calling the appeal of the class action’s dismissal “completely misconceived”.

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Halted questioning about ASIC emails warrants Octaviar class action re-trial, court hears
Appeals 2019-02-14 9:42 pm By Miklos Bolza Sydney

Critical emails from ASIC regarding a $250 million loan facility to Octaviar Group before its 2008 collapse were not only overlooked by the Public Trustee of Queensland in its role overseeing the firm’s finances but were wrongly deemed irrelevant by the judge that heard the case, the Full Federal Court was told.

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ASIC targets AMP execs in fees for no service probe, court told
Clayton Utz 2019-02-08 9:13 pm By Christine Caulfield Melbourne

AMP executives are the focus of the Australian Securities and Investments Commission’s investigation of the wealth management firm’s fees for no service scandal, a court heard Friday.

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Ethicon loses bid for class closure order in pelvic mesh case
Class Actions 2019-02-05 9:35 pm By Cat Fredenburgh Melbourne

The judge overseeing a class action against Ethicon over allegedly faulty pelvic mesh implants has shot down the device maker’s bid for a class closure order.

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Class fights to use settlement evidence in Ethicon pelvic mesh case
Class Actions 2019-02-01 11:00 pm By Miklos Bolza Sydney

A class action against Ethicon over allegedly faulty pelvic mesh implants wants introduce confidential evidence from prior settlement negotiations as it attempts to shut down the medical device maker’s class closure application.

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