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NAB may face beefed up class action over ‘worthless’ insurance
Class Actions 2019-06-12 3:55 pm By Cat Fredenburgh

Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of “worthless” credit card insurance to include personal loan customers who were sold allegedly unsuitable insurance policies.

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In win for class, judge says promises in McMillan Shakespeare unit’s warranties were illusory
Class Actions 2019-06-11 11:13 pm By Cat Fredenburgh

Promises to pay out claims under vehicle warranties issued by a unit of car leasing giant McMillan Shakespeare were illusory because of a clause that gave the company “manifestly sweeping” discretion to reject any claim, a judge has ruled, in a victory for a class action over the allegedly worthless financial products.

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ACCC to seek $4M in refunds for Jump! swim school franchisees
Competition & Consumer Protection 2019-06-11 11:03 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will seek more than $4 million in refunds plus penalties when it takes the troubled operator of the Jump! Swim School franchise and its top executive to court for alleged violations of the Australian Consumer Law.

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Settlement reached in recycling plant fire class action
Class Actions 2019-06-11 10:42 pm By Cat Fredenburgh

A settlement has been reached in a class action brought on behalf of individuals and businesses that allegedly suffered loss or injury from a 2017 fire at the Coolaroo recycling plant in Victoria.

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Quintis to hand over insurance docs in class actions
Competition & Consumer Protection 2019-06-06 10:23 pm By Cat Fredenburgh

Failed sandalwood oil producer Quintis has agreed to hand over insurance policies showing any coverage for potential liability it or its former CEO may have in two class actions brought against them.

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Kraft, Bega to go another round in epic peanut butter trade dress battle
Appeals 2019-06-06 9:13 pm By Cat Fredenburgh

The long-running dispute between Kraft Foods and Bega over who owns the rights to use the signature Kraft peanut butter trade dress in Australia is not over, with Kraft appealing a ruling that found Bega had acquired the rights to the trade dress when it purchased Kraft unit Mondelez’s Australian and New Zealand business in 2017.

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Fair Work Commissioner cleared of bias over ā€˜smokebombā€™ comment
Employment 2019-06-05 9:34 pm By Cat Fredenburgh

The Fair Work Commission has dismissed an appeal by the Construction, Forestry, Maritime, Mining and Energy Union challenging a decision by a commissioner to not recuse herself from hearing a construction site dispute with Watpac after commenting that the union’s complaint about safety concerns at the site appeared to be a ā€œsmokebombā€.

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NSW Ports hit with second competition lawsuit over ports agreement
Competition & Consumer Protection 2019-06-04 4:16 pm By Cat Fredenburgh

NSW Ports is facing a new lawsuit over an allegedly anti-competitive agreement entered into with the NSW state government for the privatisation of Port Botany and Port Kembla, which is the subject of a separate case brought by the competition regulator.

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Ex-CFO of Octaviar unit charged with $4.6M fraud
White Collar 2019-06-04 1:02 pm By Cat Fredenburgh

The former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments is facing fraud charges for allegedly misappropriating more than $4.6 million in company funds for his personal use.

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Novartis appeals IP Australia decision invalidating MS drug patent
Intellectual Property 2019-06-03 4:11 pm By Cat Fredenburgh

Novartis has launched an appeal following a ruling by IP Australia that a proposed patent for an oral form of its top-selling multiple sclerosis drug Gilenya is invalid for lack of inventive step.

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