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ACCC signs off on BPAY, eftpos, New Payments Platform merger
Financial Services 2021-09-09 10:13 pm By Christine Caulfield

The ACCC has given the OK to the proposed merger of BPAY, eftpos and the New Payments Platform, saying competition between the three payment system companies was marginal and that “strong competitors” would remain after the union.

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Seqwater wins appeal in Queensland floods class action
Class Actions 2021-09-08 11:29 am By Christine Caulfield

Water supplier and dam operator Seqwater has won its high-stakes challenge to a ruling finding it liable for the 2011 Queensland floods and sticking it with half the damages owed to thousands of class action members.

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Silk for former Deutsche Bank exec appointed to NSW Supreme Court
Courts 2021-09-08 10:39 pm By Christine Caulfield

The barrister acting for a former Deutsche Bank executive named in a criminal case over an ANZ share placement has ascended to the NSW Supreme Court.

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Lockdown didn’t trigger business interruption policy in COVID-19 test case, IAG tells court
Insurance 2021-09-06 10:05 pm By Christine Caulfield

Lockdown orders by the Victorian government and an international travel ban in place last year during the first wave of COVID-19 did not trigger a business interruption clause in an IAG policy at the centre of a test case brought by insurers, a judge heard Monday.

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Shareholders fail to prove loss from Babcock & Brown disclosure breaches
Financial Services 2021-09-06 11:49 am By Christine Caulfield

Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.

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Court to rule soon in Queensland floods class action appeal
Class Actions 2021-09-06 4:42 pm By Christine Caulfield

Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland floods has paid off.

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Lawsuit settled over Tradie’s ‘Aussiest undies ever’ claim
Competition & Consumer Protection 2021-09-06 3:02 pm By Christine Caulfield

Men’s briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the ‘Aussiest undies ever’.

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Finish detergent wins injunction in Powerball trade mark case
Intellectual Property 2021-09-06 1:58 pm By Christine Caulfield

The makers of Finish dishwashing products has secured an injunction keeping rival Somat products branded with an allegedly infringing logo from supermarket shelves until the Federal Court decides a high-stakes trade mark battle.

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High Court asked to hear dismissal case of TechnologyOne exec
Employment 2021-09-06 12:58 pm By Christine Caulfield

A former senior executive of TechnologyOne wants the High Court to take up his unfair dismissal case after the software company won its challenge to his $5.2 million win.

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BlueScope meeting with rival steel distributors ‘potentially illegal’, exec tells court
Trials 2021-09-02 9:43 pm By Christine Caulfield

BlueScope Steel general manager Jason Ellis wanted no record kept of a meeting with four of the company’s competing steel distributors and warned his national sales manager to keep the talks under wraps, a court hearing the ACCC’s price-fixing case was told on Thursday.  

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