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‘Full-blooded’ fight brewing between competing a2 Milk class actions
Class Actions 2021-12-10 4:21 pm By Bianca Hrovat

A “full-blooded carriage fight” is set down for next year between two competing class actions alleging dairy giant a2 Milk misled shareholders with an overly optimistic prediction of its infant formula sales.

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Deloitte can’t dodge client’s fraud claims, 16 years after alleged conduct
Tax 2021-12-10 10:01 pm By Bianca Hrovat

Accounting giant Deloitte has lost its bid to throw out a former client’s lawsuit alleging negligence and fraud over a failed interposition under tax law that occurred more than 16 years ago.

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ACCC staff training ‘inadequate’ during bank cartel probe, court hears
Financial Services 2021-12-10 3:57 pm By Cindy Cameronne

A senior ACCC officer has been grilled on whether staff training on criminal cartel investigations was “inadequate” while the competition regulator ran a cartel probe into ANZ’s $2.5 billion share placement in 2016.

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‘Serious professional misconduct’: WA lawyer found to have misled Supreme Court
Legal Ethics 2021-12-10 4:53 pm By Miklos Bolza

A Western Australian lawyer will face penalties and disciplinary action in the State Administrative Tribunal after nine professional misconduct findings were made against him, including a finding that he knowingly sought to mislead the Supreme Court.

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Repipe loses appeal in battle with IP Australia over computer-implemented invention
Intellectual Property 2021-12-10 11:39 am By Cindy Cameronne

The Full Federal Court has shot down plumbing company Repipe’s appeal of a decision rejecting its innovation patents for a claimed computer-implemented invention, saying it only addressed issues in business operations rather than improving on computer technology.

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Sparke Helmore ordered to pay $285K in negligence lawsuit
Professional Negligence 2021-12-09 6:55 pm By Bianca Hrovat

Sparke Helmore will have to pay $285,598 in damages for its negligence in advising a New South Wales property developer, but a judge found the law firm should not be on the hook for costs because the lawsuit was filed in the wrong court.

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Judge shoots down ex-ANZ trader’s ’emaciated’ bid to view lawyer meeting notes
Financial Services 2021-12-09 1:57 pm By Miklos Bolza

A former ANZ trader who alleges he was sacked for complaining about the bank’s manipulation of the bank bill swap rate has lost his bid to view lawyers’ notes taken during meetings over ASIC’s investigation into the bank’s conduct.

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High Court won’t hear TechnologyOne exec’s bid to revive $5.2M award
Employment 2021-12-09 5:26 pm By Miklos Bolza

A former TechnologyOne executive has lost his application for special leave to appeal a judgment throwing out a $5.2 million bullying judgment in his favour, but has vowed to seek up to $25 million in a retrial against his former employer.

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ASIC opposes BlueScope general manager’s request to manage company
Competition & Consumer Protection 2021-12-09 3:09 pm By Cindy Cameronne

The Australian Securities and Investments Commission has opposed BlueScope Steel general manager Jason Ellis’ request for court permission to manage another company, saying he should wait until the ACCC’s price-fixing case against him has been decided.

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Full Court parks opposition to patent for detecting parking overstays
Appeals 2021-12-09 12:01 pm By Miklos Bolza

Tech company Vehicle Management Systems has come up short in its third attempt to block competitor SARB Management Group’s patent application for a magnetic parking overstay detector, with the Full Court rejecting claims that VMS’ managing director should have been listed as the device’s inventor.

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