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Cartel charges could be trimmed in forex price-fixing case against Vina Money
Competition & Consumer Protection 2021-08-17 4:30 pm By Cindy Cameronne

Prosecutors might cut the number of criminal cartel charges levelled against money transfer business Vina Money and five individuals who allegedly fixed the foreign exchange rate on millions of dollars transferred between Australian and Vietnam between 2011 and 2016, a court has heard.

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Shareholders looking to revive class action say Worley pursued ‘growth stock’ ambitions over accuracy
Appeals 2021-08-16 9:09 pm By Cindy Cameronne

Worley crafted the budget behind an allegedly misleading 2014 earnings guidance so that its shares could be rated as a ā€œgrowth stockā€, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.

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ACCC says Google’s ‘Oh Shit’ meeting relevant to penalty in location privacy case
Competition & Consumer Protection 2021-08-13 4:20 pm By Cindy Cameronne

The ACCC wants Google to produce documents related to its infamous ‘Oh Shit’ meeting, which the consumer regulator says will be relevant to the tech giant’s state of mind and the judge’s penalty in a case over representations to users about their location data.

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Ben Roberts-Smith says ex-wife lied to court about accessing his personal emails
Trials 2021-08-13 8:46 pm By Cindy Cameronne

A lawyer for accused war criminal Ben Roberts-Smith has told a judge his ex-wife did not honestly disclose whether she had given her close friend access to her former husband’s email account, and had misused his confidential and privileged information.

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Recovery concerns flagged in CBA class action
Class Actions 2021-08-12 2:48 pm By Cindy Cameronne

The applicant in a class action on behalf of hundreds of thousands of Colonial First State Investments customers has raised concerns about whether he can recover compensation from a CBA life insurance unit that was recently sold to a competitor.

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Ex-Maurice Blackburn lawyer not trying to dodge Qantas trial with hospital stay, judge says
Employment 2021-08-12 5:53 pm By Cindy Cameronne

A former Maurice Blackburn lawyer set to give evidence in a suit against Qantas was not ā€œdeliberately avoidingā€ the trial with an extended hospital stay, but ā€œbetter evidenceā€ was needed for why he was admitted, a judge has said.

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Baker McKenzie negligent in advising on Chinese lenderā€™s failed Aussie launch, court hears
Professional Negligence 2021-08-11 3:57 pm By Cindy Cameronne

Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.

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Oaktree unit must join Marlin’s shareholders to $135M breach of warranty case
Corporate 2021-08-11 6:34 pm By Cindy Cameronne

A unit of Oaktree Capital Management has been ordered to join all former shareholders of consumer brand wholesaler Marlin Brands as defendants in a case over the investment giant’s $200 million acquisition of the company that alleges fraud or wilful deceit on the part of the sellers.

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CBA’s head of governance sues bank for threatening to ax her over complaints
Employment 2021-08-10 6:39 pm By Cindy Cameronne

Commonwealth Bankā€™s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.

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Judge won’t allow Ampol on site to rebrand Caltex stores
Intellectual Property 2021-08-10 6:46 pm By Cindy Cameronne

Service station giant Ampol has lost its bid to force petrol station chain EG Fuel Co to allow it access to 87 Caltex sites so they can be rebranded to Ampol stations, with a judge finding it would cause EG ā€œobvious disruptionā€.

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