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Judge strikes out ACCC’s entire claim against Meta over crypto ads
Competition & Consumer Protection 2024-09-06 12:25 pm By Cindy Cameronne

Over objections from the ACCC, a judge has struck out the regulator’s entire case against Meta over scam cryptocurrency ads on Facebook after it clarified that each allegedly misleading ad should be a separate contravention.

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CFMEU secretary Michael O’Connor taken to court by APRA
Superannuation 2024-09-06 11:45 pm By Andy Sidler

The prudential regulator has filed court action against First Super co-chair and CFMEU manufacturing division boss Michael O’Connor, alleging he breached his director’s duties under superannuation laws when he hired a union official to work for the fund.

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Deloitte appointed administrators of Keystone despite ‘baggage’
Financial Services 2024-09-05 11:24 pm By Cindy Cameronne

A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.

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HWL Ebsworth defeats client’s bid for High Court review in negligence case
Professional Negligence 2024-09-05 11:49 pm By Cat Fredenburgh

The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm’s bad advice over property in Parramatta’s ‘Auto Alley’ cost it $2 million.

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ANZ resists ‘roving commission’ into culture in sacked trader’s lawsuit
Employment 2024-09-05 2:17 pm By Cindy Cameronne

ANZ has argued a sacked traderā€™s bid for discovery has turned into a ā€œroving commissionā€ of the bankā€™s culture in a lawsuit alleging the trader was terminated for complaining about the bankā€™s manipulation of the bank bill swap rate.Ā 

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Breakdown in friendship between ANZ, Barclays bankers unfortunate, not unfair: court
Real Estate 2024-09-05 11:23 pm By Andy Sidler

A breakdown in the relationship of two high-flying friends — former senior ANZ executive David Carr and Barclays top banker Ivan Ritossa — was not a reason to order the winding up of the pair’s property investment trust, a court has found.

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Judge’s ‘Foxy Robinson’ comment did not create appearance of bias: court
Appeals 2024-09-05 11:48 pm By Sam Matthews

Darwin Airport, which is locked in litigation with an airport hotel, has succeeded in overturning a finding of apprehended bias against a Local Court judge for referencing the nickname of the hotel’s director, local construction magnate John ‘Foxy’ Robinson.

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Mantle Group’s claims about FWC’s ‘harsh’ comments fail to sway High Court
Employment 2024-09-05 11:22 pm By Cat Fredenburgh

Hospitality giant Mantle Group is stuck with a decision that found it systematically underpaid employees, after failing to convince the High Court that review was warranted because “harsh” comments made by the Fair Work Commission gave rise to the appearance of bias.

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ACCC signs off on Optus, TPG network sharing deal
Competition & Consumer Protection 2024-09-05 12:27 pm By Sam Matthews

The competition watchdog has approved a blockbuster regional network sharing deal expected to boost TPGā€™s regional coverage as well as Optusā€™ 5G rollout, after rejecting a similar deal between TPG and Telstra.Ā 

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Claims in $40M class action against Whitehaven Coal ā€˜fancifulā€™, court told
Class Actions 2024-09-04 11:44 pm By Cindy Cameronne

Whitehaven Coal has struck back at a class action led by the father of famed mining investor Nathan Tinkler, calling the claims that it failed to fulfil an implied term of a $150 million share subscription from 2012 “fanciful”.

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