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TFS pelvic mesh class action reaches partial settlement
Class Actions 2023-02-22 12:48 pm By Sam Matthews

A class action filed on behalf of women injured by allegedly defective pelvic mesh products has reached a settlement with the insurer of defunct device maker TFS Manufacturing.

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Full Court urged to toss ASIC’s ‘fatal’ appeal in CBA conflicted remuneration case
Financial Services 2023-02-22 5:46 pm By Cindy Cameronne

The Commonwealth Bank of Australia has urged the Full Court to toss ASIC’s challenge to a decision dismissing its conflicted remuneration case over the bank’s sale of its Essential Super product, saying the appeal suffered from “fatal” flaws.

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More criminal charges filed over $180M Courtenay House Ponzi scheme
White Collar 2023-02-22 3:10 pm By Cat Fredenburgh

A third individual has been hit with criminal charges in relation to collapsed investment management fund Courtenay House, which ASIC alleges was run as a $180 million Ponzi scheme.

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Herbert Smith Freehills launches international arbitration hub in Melbourne
Business of Law 2023-02-22 10:51 pm By Cat Fredenburgh

Herbert Smith Freehills has launched an international arbitration hub in Melbourne to service the firm’s clients along the Asia-Australia corridor.

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Sunwater asks High Court to hear floods class action coverage spat
Class Actions 2023-02-21 11:20 pm By Christine Caulfield

Dam services provider Sunwater has asked the High Court to take its side in a dispute over insurance coverage for a $440 million class action settlement with victims of the 2010-2011 floods in Queensland.

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BCC loses appeal over $8M trade credit policy to Phoenix financier
Appeals 2023-02-21 1:00 pm By Cindy Cameronne

Insurer Bond & Credit Company has lost its appeal of a decision ordering it to indemnify an Australian non-bank lender that provided $8 million in trade finance to companies in Phoenix Group shortly before its collapse.

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Workers’ rights at mercy of employers if Qantas wins in High Court, says TWU
Employment 2023-02-21 4:27 pm By Cindy Cameronne

The Transport Workers Union has predicted wide-reaching consequences for workplace rights if Qantas succeeds in its High Court appeal of a finding that it breached the Fair Work Act when it outsourced ground crew work during the height of the COVID-19 pandemic.

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Landmark Santos greenwashing case to centre on meaning of ‘clean’
Climate change 2023-02-21 10:02 pm By Sam Matthews

A case brought by a shareholder advocacy group accusing Santos of misleading the market by ‘greenwashing’ its environmental credentials will centre on the meaning of the word ‘clean’, a court has heard.

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Broker loses appeal of 2014 banning order, again
Appeals 2023-02-21 3:11 pm By Cindy Cameronne

A mortgage broker has lost his challenge to a tribunal’s decision to uphold a lifelong ban by the Australian Securities and Investments Commission.

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Why we should all be worried about the court’s new media access rules
Courts 2023-02-20 11:11 pm By Christine Caulfield

The Federal Court has dialled back a controversial rule change restricting public access to new cases, but the latest procedure is a laughable attempt to retreat from the attack on open justice and should make even litigants nervous.

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