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ASIC scores third straight win in greenwashing cases
Greenwashing 2024-06-05 9:55 pm By Sam Matthews

The corporate regulator is on a winning streak in its greenwashing cases, with a judge rejecting Active Super’s attempt to qualify its “unequivocal” statements about limiting its investment in companies connected to gambling and coal mining.

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Garuda Airlines immune from creditor’s winding up bid, High Court says
High Court 2024-06-05 11:08 pm By Sam Matthews

The High Court has dismissed an appeal of a decision which found Indonesia’s national airline could avail itself of foreign state immunity to defeat a winding up application.

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High Court clarifies ‘dominant use’ in land tax exemption for animal farms
Appeals 2024-06-05 11:02 pm By Sam Matthews

Unanimously dismissing an appeal by thoroughbred breeding and horseracing giant Godolphin, the High Court has ruled on the proper construction of a tax exemption for rural land in NSW.

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Pacific Werribee shopping centre owners mull $335M suit against Probuild
Construction 2024-06-05 2:24 pm By Cindy Cameronne

The co-owners of Pacific Werribee shopping centre in Victoria have largely won their bid for insurance documents as they weigh a second case against collapsed construction company, allegedly worth up to $335 million. 

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Crypto provider spared penalty in ASIC case because it took advice from leading law firm
Cryptocurrency 2024-06-04 3:12 pm By Cindy Cameronne

A judge has excused cryptocurrency product provider Block Earner from paying a penalty in a case brought by ASIC, despite finding it provided a financial product without a licence, because it obtained legal advice and genuinely believed it was not breaching the law.

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Latitude defeats customer’s $1M lawsuit over data breach
Privacy & Cybersecurity 2024-06-04 11:15 pm By Cindy Cameronne

A judge has thrown out a self-represented customer’s lawsuit against non-bank lender Latitude Financial after he defaulted on court orders and refused to join tech giants DXC Technology and Crowdstrike to his case over a cyberattack that compromised 14 million customer records. 

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In first, cafe franchisor 85 Degrees hit with $1.44M penalty for franchisee’s underpayments
Employment 2024-06-04 3:35 pm By Cindy Cameronne

A judge has ordered Sydney coffee shop chain 85 Degrees to pay a $1.44 million penalty for underpayments by its franchisees, saying it cannot be seen as acceptable for franchisors to “turn a blind eye” to contraventions by franchisees. 

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Domino’s faces threat of shareholder class action
Class Actions 2024-06-03 11:02 pm By Sam Matthews

Domino’s is facing a potential shareholder class action for allegedly misleading the market about its expected performance in Japan. 

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Judge OKs $100M Colonial class action settlement, questions ‘strange’ funding agreement
Superannuation 2024-06-03 11:11 pm By Sam Matthews

The judge overseeing a consumer class action against wealth manager Colonial First State Investments has given the green light to a $100 million settlement, but questioned a $23.1 million cut to funder Augusta under a “strange” funding agreement.

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ABC sacked radio host Antoinette Lattouf, FWC finds
Employment 2024-06-03 11:22 pm By Andy Sidler

Former radio host Antoinette Lattouf is planning to bring an unfair termination case against the broadcaster, after the Fair Work Commission found the ABC terminated her from a casual presenting role.

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