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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Professional Negligence 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, with a judge finding that the company had not retained the valuer and was not a party to the valuation.

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Dentons recruits Holding Redlich construction expert ahead of Olympics
Construction 2022-07-15 12:59 pm By Sam Matthews

Dentons has picked up a partner from Holding Redlich to bolster its construction practice ahead of the 2032 Olympic Games in Brisbane.

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Lawyer who acted for both sides in employment case loses appeal of misconduct finding
Legal Ethics 2022-07-14 2:37 pm By Sam Matthews

A court has rejected an appeal by a lawyer who acted for both sides in an employment dispute between a company and its former managing director and advised the director to “take and park” over $370,000 from the company account as leverage.

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Unvaxxed stevedores not owed damages even if sackings had been unfair: FWC
COVID-19 2022-07-14 4:26 pm By Sam Matthews

The Fair Work Commission has found that unvaccinated stevedores were not unfairly terminated by their employer Patrick Stevedores — and even if they were no damages were owing. 

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Online trader shut down following ASIC probe into ‘concerning consumer losses’
Financial Services 2022-07-14 9:58 pm By Sam Matthews

Online trading platform Trade360 will close shop at the end of the month, following an ASIC investigation that found its representatives at an offshore call centre provided personal advice to clients which the company was not licensed to give.

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Class action over COVID-19 jab mandate ‘legally misconceived’, judge says
COVID-19 2022-07-13 5:47 pm By Sam Matthews

A judge has dismissed a proceeding against the New South Wales government over a mandate requiring healthcare workers to be vaccinated against COVID-19, saying the applicant’s constitutional case was “legally misconceived and must be rejected.”

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Bank of Queensland hit with first-ever penalty for Consumer Data Right breaches
Privacy & Cybersecurity 2022-07-13 2:11 pm By Sam Matthews

Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.

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Griffin Coal convicted of violating financial reporting obligations
Energy & Natural Resources 2022-07-13 11:12 pm By Sam Matthews

Embattled mining company Griffin Coal has copped a $4,000 fine after being convicted of failing to meet its financial reporting and officeholder requirements.

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Red Telecom hit with $450,000 penalty for failing to pay customers
Telecommunications 2022-07-13 3:30 pm By Sam Matthews

A judge has ordered a defunct telecommunications company to pay $450,000 in penalties for flouting orders requiring it to pay out over $63,000 to its customers.

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Investment manager for Kahlbetzer family sacked after pregnancy announcement: lawsuit
Employment 2022-07-12 4:41 pm By Sam Matthews

An investment consultant at Kahlbetzer family investment vehicle Twynam Investments has filed a lawsuit alleging she was sacked over the phone a month after telling the company she was planning for a baby.

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