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Judge finds ‘seriously arguable’ case that CFMEU organised wharfies ‘go slow’
Employment 2019-08-06 11:55 am By Amelia Birnie

Australian stevedoring company DP World has won an interim bid to stop a “go slow” at its container terminal in the Port of Melbourne, after a judge found a “seriously arguable” case that the CFMEU was behind the unprotected industrial action.

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ACCC greenlights Wesfarmers’ $230M acquisition of Catch Group
Competition & Consumer Protection 2019-08-05 9:00 pm By Amelia Birnie

The competition regulator has cleared the way for Australian retail giant Wesfarmers to acquire online retailer Catch Group for $230 million, after finding the acquisition would be unlikely to impact competition in online marketplaces.

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RCR Tomlinson class actions to be consolidated whether parties ‘agree or not’
Class Actions 2019-08-05 6:15 pm By Amelia Birnie

The judge overseeing three competing shareholder class actions brought against RCR Tomlinson has refused to entertain a beauty contest, instead deciding to consolidate the proceedings whether the parties “agree or not”.

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Radio Rentals class can peek at excess insurance, as court hears claim may exceed $100M
Class Actions 2019-08-02 9:34 pm By Amelia Birnie

The applicants in the Radio Rentals class action have won access to the company’s excess layer insurance policies, amid concerns that group members’ losses from the allegedly misleading ‘Rent, Try, $1 Buy’ program could surpass $100 million.

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Record $34.5M criminal cartel fine handed down against Japanese shipping company
Competition & Consumer Protection 2019-08-02 8:52 pm By Amelia Birnie

Japanese shipping company K-Line has been hit with a $34.5 million penalty for criminal cartel conduct, the largest consumer criminal fine in Australian history.

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Judge puts brakes on early class closure bid in breast implant class action
Class Actions 2019-08-01 8:42 pm By Amelia Birnie

A judge has warned the parties in The Cosmetic Institute class action over allegedly botched breast implants to ensure group members’ rights are prioritised, following a push for an early class closure amid doctor-patient confidentiality concerns.

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Court approves $1.2M settlement in recycling plant fire class action
Class Actions 2019-08-01 8:36 pm By Amelia Birnie

The Supreme Court of Victoria has signed off on a $1.2 million settlement of a class action brought on behalf of hundreds of residents and businesses that allegedly suffered loss or injury in a 2017 fire at the Coolaroo recycling plant in Victoria.

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Qantas’ $60M acquisition of Alliance Airlines shares on ACCC’s radar
Competition & Consumer Protection 2019-08-01 3:53 pm By Amelia Birnie

Australian airline giant Qantas says it has no plans to decrease its 19.9 per cent stake in Alliance Airlines, after the competition watchdog expressed preliminary concerns the deal could substantially lessen competition.

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ASIC ‘plucking numbers out of the air’ in penalty hearing for Vocation execs, court told
Securities 2019-07-31 8:15 pm By Amelia Birnie

Lawyers for former Vocation CEO Mark Hutchinson say the corporate regulator is “plucking numbers out of the air” in its bid to secure disqualifications of up to eight years against the former executives who breached their directors’ duties in relation to the collapsed education provider.

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RMBL exec told class members he hoped they would opt out of case, court told
Class Actions 2019-07-30 7:39 pm By Amelia Birnie

Customers of mortgage lending and investment firm RMBL say they were “shocked” when the company’s chief financial officer allegedly called them to say “he hoped” they would opt out of an excessive fees class action that had been filed against the firm.

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