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Judge won’t give Sexpo early peek of docs in consumer case
Competition & Consumer Protection 2018-04-26 11:38 pm By Christine Caulfield

A judge has denied an attempt by adult exhibition operator Sexpo to gain pre-litigation access to documents held by members of a movement that last year linked the exhibition to child pornography, saying Sexpo had not establish a belief that the statements damaged its reputation.  

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Court hits Telstra with $10M fine for billing practices
Competition & Consumer Protection 2018-04-26 6:01 pm By Christine Caulfield

A Federal Court judge on Thursday ordered Telstra to pay $10 million in penalties after admitting it misled customers by billing them for mobile phone apps they unwittingly bought.

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Clayton Utz instructions from AMP irrelevant, legal experts say
Legal Ethics 2018-04-26 4:40 pm By Christine Caulfield

Clayton Utz’s public statements referencing its terms of engagement with AMP in drafting an independent report are irrelevant if it knew the document was destined for the corporate regulator, legal experts say, and transcripts from the Royal Commission suggest the law firm did know.

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Warner Bros wins appeal in feud with Mad Max director
Contracts 2018-04-24 7:51 pm By Christine Caulfield

Warner Bros. has won an appeal in a dispute with the Australian director and producer of Hollywood smash Mad Max: Fury Road over a $7 million bonus the Sydney-based film makers claimed they were owed after making the film under budget.

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ASIC loses appeal in Oil-for-Food case against AWB exec
Article 2018-04-24 12:52 pm By Christine Caulfield

The Australian Securities and Investments Commission has lost its appeal in a case against a former Australian Wheat Board senior executive over an alleged kickback scam in relation to the United Nation’s Oil-for-Food programme.

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Brambles faces 2nd potential class action over rosy forecasts
Securities 2018-04-24 11:24 am By Christine Caulfield

Class action firm Slater & Gordon is preparing an investor class action against logistics company Brambles over alleged misstatements about revenue and sales growth for the 2017 financial year.

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Under fire, Clayton Utz denies AMP report was compromised
Clayton Utz 2018-04-23 2:54 pm By Christine Caulfield

Facing demands for answers and a call to be suspended from government contract work, Clayton Utz has finally spoken out over its role in the scandal embroiling AMP.

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High Court rejects Valve’s bid to challenge $3M ruling
Competition & Consumer Protection 2018-04-20 12:47 pm By Christine Caulfield

US-based online gaming giant Valve Corp. has lost its bid to appeal to the High Court of Australia a $3 million judgment for misleading customers who bought faulty products online.

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ACCC should ‘have another look’ at AGL’s Liddell plans, says MP
Energy & Natural Resources 2018-04-19 10:16 pm By Christine Caulfield

Calling on the competition chief to “have another look” at AGL’s decision to shutter its Liddell plant, Liberal MP Craig Kelly says the power company’s conduct makes for a clear case under the new misuse of market power provision of Australia’s competition law. 

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ASIC confirms AMP probe, as Morrison warns of jail time
Financial Services 2018-04-18 6:29 pm By Christine Caulfield

The corporate regulator has confirmed it is investigating AMP over its ‘fees for no service’ practice revealed at the Hayne Royal Commission in stunning testimony Treasurer Scott Morrison on Wednesday called “deeply disturbing”.

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