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AUSTRAC sues Westpac for ‘systemic’ money laundering failures
Financial Services 2019-11-20 10:30 am By Cat Fredenburgh

Westpac has been hit with a lawsuit by AUSTRAC for its alleged “systemic” failure to comply with anti-money laundering and counter terrorism finance laws.

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Sobering moment: D’Aquino Bros barred from labeling booze as Scotch
Intellectual Property 2019-11-19 11:22 pm By Cat Fredenburgh

Australian liquor retailer D’Aquino Bros has settled a trade mark infringement lawsuit brought by the UK’s Scotch Whisky Association, after agreeing to injunctions barring it from peddling its brew as Scotch.

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NAB manager sentenced over home loan fraud
Financial Services 2019-11-19 9:41 pm By Cat Fredenburgh

A former National Australia Bank branch manager has been sentenced to a year of home detention for engaging in fraud in relation to the bank’s scandal-ridden Introducer home loan program.

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NAB admits to violating Credit Act with ‘Introducer’ program
Financial Services 2019-11-18 11:40 pm By Cat Fredenburgh

The National Australia Bank has admitted to most of the violations alleged in the Australian Securities and Investments Commission’s case over the bank’s $24 billion scandal-ridden ‘Introducer’ loan referral program.

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Rio Tinto subsidiary wins on appeal after IP Australia rejects mining patent
Intellectual Property 2019-11-18 10:08 pm By Cat Fredenburgh

Rio Tinto subsidiary Technological Resources has successfully challenged a decision by IP Australia to reject a patent application for a method of separating mined material, with a judge finding the claimed invention was not a collection of mere working directions as a delegate had found.

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ABC, Fairfax can’t alter defence in Chau Chak Wing defamation case
Defamation 2019-11-18 3:22 pm By Cat Fredenburgh

The ABC and Fairfax have lost their bid to file an amended defence in defamation proceedings brought by Chinese businessman Chau Chak Wing, several months after the Full Federal Court upheld a ruling striking out out the publishers’ truth defence.

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Uber Eats driver fired for being 10 minutes late brings appeal
Employment 2019-11-18 12:37 pm By Cat Fredenburgh

An Uber Eats driver who was allegedly sacked for being ten minutes late is appealing the Fair Work Commission’s dismissal of her case.

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Fortescue launches High Court appeal to native title ruling
Appeals 2019-11-18 10:39 am By Cat Fredenburgh

Mining giant Fortescue Metals is seeking special leave from the High Court to appeal a ruling that granted native title to the Yinjibarndi people over a large section of land in the Pilbara region of Western Australia.

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Part of K&L Gates’ employment team strikes out on its own
Business of Law 2019-11-18 4:30 am By Cat Fredenburgh

A sizeable group of employment lawyers from K&L Gates has parted ways with the US legal giant to set up its own specialist shop, shaking up the market for employment law services in Australia.

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$2.5M break fee in Pacific Energy takeover battle not anti-competitive, panel says
Corporate 2019-11-14 4:33 pm By Cat Fredenburgh

The Takeovers Panel has found that while a $2.5 million break fee included in a $470 million takeover offer lobbed during a bidding war for Western Australia power supplier Pacific Energy was not a “common market approach”, it was not anti-competitive or coercive.

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