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Court stays Clive Palmer’s challenge to ASIC examination
ASIC 2024-10-09 11:45 pm By Sam Matthews

The CDPP and ASIC have succeeded in staying Clive Palmer’s case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.

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NSW to face expanded class action over correctional officer’s abuse
Class Actions 2024-10-09 10:50 pm By Cat Fredenburgh

A judge has allowed a tweak to a class action against the state of NSW on behalf of inmates of the Dillwynia Women’s Correctional Centre who were sexually assaulted by former correctional officer Wayne Astill.

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Fortescue scores win against start-up accused of ‘industrial scale’ misuse
Intellectual Property 2024-10-04 3:03 pm By Cindy Cameronne

Fortescue has defeated a bid by its former CFO’s green iron start-up to set aside search orders that were said to have been secured “off the back of egregious material non-disclosure”.  

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Eli Lilly loses bid for ‘>Hair’ trade mark
Intellectual Property 2024-10-03 2:51 pm By Andy Sidler

US drug giant Eli Lilly cannot register a trade mark consisting of the word ‘hair’ preceded by the ‘greater-than’ symbol, despite winning registration in the UK, Switzerland and New Zealand.

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ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

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Keybridge must contribute to director’s ‘substantial’ legal bill
Corporate 2024-10-02 2:02 pm By Cindy Cameronne

Investment firm Keybridge must contribute to a director’s “substantial” legal bill from a dispute with another director, with a judge finding there was no “lack of clean hands” that would prevent him from being indemnified.

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Law firm wins reversal of $16M judgment in client’s breach of duty case
Appeals 2024-09-30 12:47 pm By Cindy Cameronne

An appeals court has overturned a $16 million judgment against a law firm, finding it did not breach its duties when acting for a lender that provided financing to a client.

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MONA’s Ladies Lounge wins court battle to exclude men from art installation
Entertainment 2024-09-30 2:20 pm By Cindy Cameronne

The Museum of Old and New Art has won its bid to exclude men from its ‘Ladies Lounge’ exhibit, which a judge found promoted equal opportunity by providing a “flipped universe”.

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EnergyAustralia hit with $14M penalty for misleading consumers about prices
Competition & Consumer Protection 2024-09-26 11:13 pm By Andy Sidler

In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.

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Vanguard hit with record $12.9M penalty in ASIC greenwashing case
Securities 2024-09-25 10:45 am By Sam Matthews

Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.

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