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Aussie Broadband’s case for injunction against Superloop ‘very weak’: judge
Securities 2024-04-04 10:38 pm By Sam Matthews

A judge has rejected Aussie Broadbandā€™s bid to restrain internet service provider Superloop from acting on a sell order issued last month, calling the argument that Superloop issued the order for an improper purpose ā€œa very weakā€ one.Ā 

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Aussie Broadband challenges Superloop sell order amid takeover fight
Telecommunications 2024-03-20 4:19 pm By Sam Matthews

Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a ā€œcontested takeover battleā€ between the companies.Ā 

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Affidavits by Ashurst lawyers adequate for Racing Victoria’s privilege claim, judge says
Competition & Consumer Protection 2024-02-23 11:30 pm By Christine Caulfield

A judge has ruled hearsay evidence given by Ashurst solicitors is sufficient for Racing Victoria to bring a claim for legal professional privilege over documents ordered to be produced to Racing NSW, which alleges it was the victim of an anti-competitive plot.

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Honda says $22M damages bid for axed dealership model needs ā€˜reality checkā€™
Automotive 2024-02-21 11:37 pm By Cindy Cameronne

Honda has admitted that it owes compensation to a Melbourne car dealer for a deliberate breach of contract following its decision to ditch a dealership model in Australia, but argues a $22 million damages claim by the dealer needs a “reality check”.

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Airbnb to pay $15M penalty for displaying prices in US dollars
ACCC 2023-12-20 12:53 pm By Sam Matthews

A judge has hit Airbnb with a $15 million penalty for misleading Australian consumers by displaying accommodation prices in US dollars, on top a $15 million consumer redress scheme the vacation rental giant has implemented.

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Honda cops $6M penalty for misleading customers about dealerships
Competition & Consumer Protection 2023-12-15 10:22 pm By Cat Fredenburgh

Honda Australia has been hit with a $6 million penalty for misleading communications made to customers of three dealerships during a restructuring in which the car maker’s shuttered its independent dealer network in favour of an agency model.

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Airbnb should pay $30M over misleading accommodation prices, ACCC says
Competition & Consumer Protection 2023-12-14 3:45 pm By Sam Matthews

The consumer watchdog has asked a court to impose a $15 million penalty against Airbnb in addition to a $15 million consumer redress scheme, in a case alleging the vacation rental giant misled Australian consumers by displaying prices inĀ  US dollars.Ā 

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ASIC can’t seek penalties against M101 founder James Mawhinney
Financial Services 2023-10-25 9:10 pm By Sam Matthews

A judge has blocked ASIC from running a new case seeking penalties against investment group M101 Nominees and founder James Mawhinney on remittal from the Full Court, after the regulator admitted it made errors at its initial trial.

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Hotel quarantine class action argues for second-highest GCO
COVID-19 2023-10-13 11:27 pm By Sam Matthews

A law firm behind a class action against the state of Victoria over the COVID-19 hotel quarantine fiasco is seeking what would be the second highest contingency fee rate for running the case, saying the percentage was justified given the complexity of the novel claims.

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ACCC calls for $10M penalty against Honda for misleading customers
Competition & Consumer Protection 2023-09-05 11:37 pm By Sam Matthews

The consumer regulator has asked a judge to impose penalties of almost $10 millionĀ  against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.

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