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Hancock Prospecting avoids $3M discovery hit
Gina Rinehart's Hancock Prospecting has avoided a discovery order that would cost an estimated $3 million to comply with, with a judge instead ordering that limited discovery be given to two Rinehart children in an ongoing family dispute over titles for the Hope Down iron ore mine.
Christian Porter wants court to ‘protect his reputation’, Nine tells judge
Liberal MP Christian Porter is effectively asking the court to “protect his reputation” by seeking to block Nine and NewsCorp from using secret portions of the ABC’s defence to his defamation allegations, Nine told a judge in opposing the move.
Banks unleash new legal maneuvers to shut down ANZ cartel case
The banks and high-ranking executives targeted in pared-down criminal cartel proceedings over a $2.5 billion ANZ share placement are taking new steps to shut down the long-running case, including further probes into the ACCC's conduct during its investigation into the alleged cartel.
PwC to face misleading conduct claim over advice to Chinese lender
A judge has found PwC should face a claim that it engaged in misleading and deceptive conduct while assisting Chinese lender Aoyin with its planned launch in Australia by failing to properly advise the company there was a risk its shareholders did not comply with APRA's 'fit and proper' requirement.
Former Citigroup boss escapes ANZ cartel case as prosecutors slash charges
Prosecutors have withdrawn two-thirds of the charges in a criminal cartel case over a $2.5 billion ANZ share placement and have dropped their case against former Citigroup CEO Stephen Roberts, according to a lawyer in the case.
Court throws out protester’s challenge to Victoria’s COVID-19 lockdown orders
A judge has thrown out a protester's lawsuit challenging Victoria's stay-at-home orders during the state's extended lockdown last year, saying the relevant provisions in the government's emergency legislation were valid "in all their potential operations".
Worley budget adjustments were ‘drop in the ocean’, Full Court hears in class action appeal
Worley’s increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a “drop in the ocean”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
ACCC wins $1.5M penalty against sporting goods retailer Decathlon
International sporting goods giant Decathlon has been ordered to pay a $1.5 million penalty for selling hundreds of basketball hoops and inflatable swimming pools that did not comply with mandatory safety standards.
Cartel charges could be trimmed in forex price-fixing case against Vina Money
Prosecutors might cut the number of criminal cartel charges levelled against money transfer business Vina Money and five individuals who allegedly fixed the foreign exchange rate on millions of dollars transferred between Australian and Vietnam between 2011 and 2016, a court has heard.
Finish Powerball maker sues detergent rival for ‘deceptively similar’ packaging
The maker of Finish dishwashing products is seeking an urgent injunction to clear a competitor’s products from supermarket shelves, alleging trademark infringement over “deceptively similar” packaging depicting dishwasher gel caps.