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ASIC wins travel restrictions against Falcon Capital directors amid probe
Financial Services 2025-07-02 11:05 pm By Julia Kanapathippillai

The corporate regulator has secured travel restrictions and freezing orders against two directors of Falcon Capital as part of its investigation into its managed investment fund.

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Banana Boat owner taken to court by ACCC over ‘reef friendly’ claims
Greenwashing 2025-07-01 2:10 pm By Julia Kanapathippillai

The owner of Banana Boat and Hawaiian Tropic sunscreen brands faces court action by the consumer regulator for alleged greenwashing. 

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Allens-repped KKR scoops up farm infrastructure firm ProTen in $1.3B deal
Transportation & Infrastructure 2025-07-02 11:59 pm By Julia Kanapathippillai

US private equity firm KKR will acquire agriculture infrastructure firm ProTen from superfund Aware Super, in a deal valued at around $1.3 billion.

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ASIC accuses CashnGo of unconscionable debt recovery practices
ASIC 2025-07-01 11:28 pm By Julia Kanapathippillai

The corporate regulator has taken a provider of small loans to court after it allegedly monitored and removed funds from consumers’ bank accounts without their knowledge.

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Bupa admits unconscionable conduct, agrees to $35M penalty
Competition & Consumer Protection 2025-06-30 11:40 pm By Julia Kanapathippillai

Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.

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Class action seeks to intervene in ASIC’s suit against RAMS
Class Actions 2025-06-30 11:13 pm By Julia Kanapathippillai

Former franchisees involved in a class action against RAMS are seeking to intervene in ASIC civil penalty proceedings against the defunct Westpac subsidiary.

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Construction PRO
iProsperity liquidators win OK for retainer to pursue $45M claim against Crown
Real Estate 2025-06-30 11:11 pm By Julia Kanapathippillai

Liquidators for iProsperity have been given the greenlight to enter into retainers with Norton Rose Fulbright to pursue claims against the defunct property group’s general manager and Crown Melbourne.

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Jones Day nabs real estate pro from Clayton Utz
Clayton Utz 2025-06-30 11:27 pm By Julia Kanapathippillai

Jones Day has lured a real estate expert from Clayton Utz to join its Brisbane office as a partner.

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Hallucinations persist, but AI leaps ahead on legal questions: report
AI 2025-06-27 11:57 pm By Julia Kanapathippillai

A leading law firm has found general purpose large language models continue to incorrectly cite legal cases and make up cases entirely, despite marked improvements in answering legal questions. 

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On Cloud continues fight against Cyclonic trade mark
Intellectual Property 2025-06-26 11:12 pm By Julia Kanapathippillai

Popular Swiss sports shoe maker On Clouds has filed proceedings in the Federal Court after its opposition to the registration of sustainable footwear brand Cyclonic’s trade mark failed.

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