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Otsuka, Bristol-Myers can withdraw admissions in Abilify damages case
Allens 2020-03-02 4:05 pm By Cat Fredenburgh Melbourne

A judge has granted a request by Otsuka and Bristol-Myers Squibbs to withdraw admissions in proceedings brought by Generic Health seeking damages, after the generic drug maker was temporarily blocked from selling a generic version of antipsychotic Abilify in a patent dispute in which it ultimately triumphed.

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Judge shoots down Advanta Seeds’ bid for names of signed class action members
Agriculture 2020-03-02 12:55 pm By Cat Fredenburgh Melbourne

Farmers in a class action against Advanta Seeds over allegedly contaminated sorghum have defeated a bid by the company to hand over a list of all group members who have signed funding agreements to join the case.

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Sunwater to join challenge to Queensland floods class action victory
Appeals 2020-02-28 6:13 pm By Cat Fredenburgh

Dam operator Sunwater will join an appeal of a victory in a class action filed on behalf of victims of the 2011 Queensland floods, despite pleas from the firm running the case and the State of Queensland that insurers for the dam operators let the ruling stand.

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BP worker fired over Hitler parody video to be reinstated after win on appeal
Appeals 2020-02-28 4:50 pm By Miklos Bolza Sydney

A refinery worker sacked by BP over a parody Hitler video has won his job back after a Fair Work Commission appeals panel overturned a prior decision upholding his dismissal, finding that the clip he shared was not offensive or inappropriate.

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Asahi offers to divest brands to avoid bitter dispute with ACCC over $16B CUB takeover
ACCC 2020-02-28 3:27 pm By Alison Eveleigh Sydney

Japanese beer giant Asahi has offered to divest key beer and cider brands in a bid to convince the Australia Competition and Consumer Commission to approve its planned $16 billion acquisition of Carlton & United Breweries.

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Penfolds maker shuts down another Chinese knockoff
Food and Beverage 2020-02-28 2:34 pm By Miklos Bolza Sydney

The Australian Trade Marks Office has granted another victory to Treasury Wine Estates in its ongoing battle against Chinese firm seeking to misappropriate the Penfolds name and sell knockoff wines under similar branding in China.

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ANZ and Westpac hit with junk insurance class actions
ANZ 2020-02-28 1:08 pm By Miklos Bolza Sydney

Slater and Gordon has expanded its Get Your Insurance Back campaign, launching class actions against ANZ and Westpac over allegedly worthless consumer credit insurance, just three months after it reached a $49.5 million settlement with NAB in a class action over similar insurance.

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‘I never liked common fund orders anyway’: Judge gives thumbs up to High Court ruling
Alexander Edwards 2020-02-28 12:53 pm By Miklos Bolza Sydney

A  judge overseeing a shareholder class action against collapsed engineering group RCR Tomlinson has said goodbye to the common fund order in the case while welcoming last year’s High Court decision preventing these orders from being made at the early stage in class actions.

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ACCC review of Google’s Fitbit acquisition to look at data
ACCC 2020-02-27 11:22 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has opened a formal review into whether Google’s $3 billion acquisition of fitness device company Fitbit will harm competition, including the potential impact of the search giant’s increased access to user data.

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ASIC wins unconscionable conduct case against OTC derivatives issuer AGM Markets
Angus Christophersen 2020-02-27 10:28 pm By Cat Fredenburgh Sydney

ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, deceptive and unconscionable conduct that caused investor losses of over $30 million.

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