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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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‘Magnet for litigation’: Dixon Advisory insurers fight to shield policy info in class action
Insurance 2022-09-07 11:29 pm By Cindy Cameronne

Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million. 

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Court tosses suit against Wilsons over wealth advisor who jumped ship
Employment 2022-09-07 12:25 am By Sam Matthews

Wilsons Advisory and Stockbroking has dodged a claim by rival Elston Private Wealth over a veteran employee who jumped ship with confidential information.

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Opal Tower insurers question reasonableness of class action defence costs
Insurance 2022-09-06 3:27 pm By Cindy Cameronne

Three insurers for builder Icon are planning to test the reasonableness of a structural engineer’s defence costs in a now settled class action brought by apartment owners in Sydney’s ill-fated Opal Tower.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
Employment 2022-09-06 11:14 pm By Christine Caulfield

The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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Finished: Powerball detergent maker loses trade mark case
Intellectual Property 2022-09-06 2:54 pm By Sam Matthews

The maker of Finish dishwashing products has had two of its trade marks struck from the register after losing an intellectual property suit against an emerging rival.

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Clive Palmer’s QNI loses appeal in $26M spat over unpaid gas bill
Energy & Natural Resources 2022-09-06 4:49 pm By Cindy Cameronne

Clive Palmer’s Queensland Nickel refinery has lost its appeal of a decision ordering it pay $26.6 million for natural gas charges owed after a court rejected claims it did not need to repay the money because pipeline owners had breached their duties.

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Top UK firm dragged into feud between law firm founding partners
Business of Law 2022-09-05 11:28 pm By Christine Caulfield

London firm Mishcon de Reya faces a lawsuit alleging the firm knowingly assisted a founding partner of Lipman Karas to breach his duties when it reached an agreement to open a Hong Kong office.

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PFAS class action judge questions enforceability of ‘restrictive’ witness undertaking
Class Actions 2022-09-05 10:22 pm By Cindy Cameronne

A judge has questioned how the government can enforce a “restrictive” undertaking with a former member of the Australian Defence Force who will give key evidence in a class action alleging the Commonwealth contaminated Indigenous land with toxic firefighting foam.

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Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Competition & Consumer Protection 2022-09-05 11:32 pm By Cindy Cameronne

Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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