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Bruck Textile bigwigs to stand trial on charges over unpaid redundancies
Restructuring & Insolvency 2023-06-30 1:25 pm By Gareth Baker

Executives of collapsed Bruck Textile Technologies have been committed to stand trial on charges alleging they schemed their way out of making more than $3 million in redundancy payments to their 58 employees. 

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Banknote maker prevails again in challenge to rival’s security device patent
Intellectual Property 2023-06-30 5:19 pm By Gareth Baker

Australian banknote manufacturer CCL Secure has succeeded a second time in opposing a patent application by British rival De La Rue International for banknote security technology.

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HWL Ebsworth’s claim of exhausted discovery in partner spat ‘puzzling’, judge says
Business of Law 2023-06-29 10:47 pm By Gareth Baker

A judge has criticised HWL Ebsworth’s discovery efforts and ordered the law firm to try again in the firm’s dispute with a former partner claiming the company cut him out of a proposed ASX float in 2020. 

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Out with ‘including’ and ‘such as’: Judge rips into pleading in Corelogic data scraping case
Intellectual Property 2023-06-28 9:14 pm By Cindy Cameronne

A judge has rejected an amended copyright case against US-based analytics company CoreLogic, expressing his displeasure at the use of imprecise phrases like ‘including’ and “such as’ in the revised pleading.

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Clive Palmer’s Mineralogy suffers loss in $4B spat with CITIC
Energy & Natural Resources 2023-06-28 11:25 pm By Cindy Cameronne

Mining magnate Clive Palmer and his company Mineralogy have lost a bid to amend one of two cases that claim losses totalling $4 billion against CITIC after a judge found the amended claims would be “unfairly general”.

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NIB wins unpaid loans from Whitecoat developer after $42.5M sale to CBA
Healthcare 2023-06-28 4:02 pm By Gareth Baker

The developer of healthcare directory app Whitecoat must pay health insurer and joint venture partner NIB $1.6 million for loans that were never repaid following the app’s sale to the Commonwealth Bank for $42.5 million in 2021. 

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Lawyer shielded by advocate’s immunity for omission of claim against builder: appeals court
Appeals 2023-06-28 2:42 pm By Cindy Cameronne

An appeals court has held that a Sydney solicitor can’t be sued for negligence for a failure to include a breach of contract claim in a building dispute, saying the lawyer was protected by advocate’s immunity because his decision was “intimately connected” with the litigation.

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Viterra loses appeal of Cargill’s $300M win over Joe White sale
Corporate 2023-06-27 3:48 pm By Cindy Cameronne

In a decade-old dispute, Viterra has lost an appeal of a judgment holding it liable to pay Cargill Australia $293 million for misrepresentations about the performance of its malt producer Joe White, which it sold to Cargill for $420 million in 2013.

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Medibank’s capital requirement lifted to $250M after data breach
Privacy & Cybersecurity 2023-06-27 2:53 pm By Gareth Baker

The Australian Prudential Regulation Authority has raised Medibank’s capital adequacy requirement by $250 million, following last year’s cyber attack against the private health insurer, which exposed the personal details of 10 million customers. 

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Hannover Life scores partial win against tax office over GST credits
Tax 2023-06-27 5:18 pm By Gareth Baker

Hannover Life Re should be allowed tax credits for GST paid on a share of its overheads, including rent and power, a judge has found in a partial win for the reinsurer.

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