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ACCC says Medibank misled consumers about policy benefits
Competition & Consumer Protection 2019-09-03 10:45 am By Christine Caulfield Melbourne

The Australian Competition and Consumer Commission has taken private health insurer Medibank to court for falsely telling consumers they were not eligible for certain coverage under their insurance policies, with over 800 policy holders denied coverage for joint investigation or reconstruction procedures.

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Radio Rentals, AIG to pay $29M to settle ‘Rent, Try, Buy’ class action
Class Actions 2019-09-03 10:43 am By Christine Caulfield Melbourne

Radio Rentals and its insurer, AIG, have reached a $29 million settlement in a consumer class action alleging the company pushed misleading ‘Rent, Try, $1 Buy’ leases onto vulnerable customers.

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Lindsay Fox, Max Beck lose high-stakes valuation case over Essendon Airport
Ashurst 2019-09-02 11:52 pm By Christine Caulfield Melbourne

Billionaire Lindsay Fox and property magnate Max Beck have lost a dispute over the valuation of land at their jointly operated Essendon Airport, with a judge siding with the Federal Government’s method that calculated the site’s value at $349 million, not $7.1 million as claimed by their expert.

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Aristocrat goes head to head with IP Australia over patentability of slot machine
Australian Government Solicitor 2019-09-02 9:25 pm By Miklos Bolza Sydney

Gaming giant Aristocrat Technologies told a court that if its Lightning Link slot machine was a physical game there would be no doubt about its patentability, as trial kicked off Monday in another case that is pushing back on IP Australia’s stance on the patentability of computer-implemented inventions.

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Lloyd’s says court has no power to let Pitcher Partners class actions eyeball insurance policies
Accounting 2019-08-30 9:23 pm By Miklos Bolza Sydney

Two units of global insurer Lloyd’s have launched a constitutional challenge to a Federal Court order requiring accounting firm Pitcher Partners to hand over certain insurance documents in two shareholder class actions.

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Top-tier firm must pay $500K to billionaire for negligence over ‘critical omission’
Andrew Bell 2019-08-30 6:21 pm By Amelia Birnie Sydney

A top-tier Australian law firm has been ordered to pay more than half a million dollars in damages for professional negligence, after its billionaire client alleged losses of almost $US37 million following a “critical omission” in legal advice.

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Funder booted from Banksia class action settlement scheme after intimidation claims
Arnold Bloch Leibler 2019-08-30 5:02 pm By Miklos Bolza Sydney

A judge has removed the funder and law firm leading the Banksia Securities class action from their roles supervising a proposed settlement distribution scheme after the funder was accused of intimidation, a lack of experience and charging excessive costs.

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‘Serious cartel conduct’: ACCC hits BlueScope with price-fixing lawsuit
Article 2019-08-30 10:39 am By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has brought proceedings against publicly-traded BlueScope Steel and a former general manager for allegedly engaging in “serious cartel conduct” in relation to the supply of flat steel products in Australia.

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Crown can appeal ruling that freed Chinese employees to talk to lawyers
Appeals 2019-08-29 10:28 pm By Christine Caulfield Melbourne

Crown Resorts has been given the greenlight to challenge a court order allowing former employees to talk to lawyers for a class action over its business in China, but the class has another chance to make its case that the ruling should stand.

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Third judge in Norton Rose ex-partner dispute refuses to step down amid accusations of ‘absurdly obtuse’ bias
Bernice Ng 2019-08-29 9:39 pm By Amelia Birnie Sydney

The third judge assigned to oversee a lawsuit filed against law firm Norton Rose Fulbright by a former partner has refused to recuse himself on the grounds of apprehended bias, despite being accused of behaviour that was “grossly disrespectful”, “absurdly obtuse” and “fundamentally lacking in logic”.

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