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Seven, Nine in hot water with media watchdog over gambling ads
Media 2022-10-21 4:43 pm By Cat Fredenburgh

The Australian Communications and Media Authority has found that Seven and Nine breached industry rules by showing gambling ads during their coverage of the Olympics and the NRL grand final last year.

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AMP wins dispute with insurer Willis over Sydney lease
Real Estate 2022-10-20 4:43 pm By Sam Matthews

AMP Capital Investors has won a property spat with insurance broker Willis Australia, which a judge found was not entitled to withdraw a notice to take a lease of office space at Angel Place on Pitt Street in Sydney’s CBD.

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Criminals accessed Medibank customer data
Privacy & Cybersecurity 2022-10-20 3:53 pm By Cat Fredenburgh

A criminal has accessed sensitive Medibank customer data, including claims information, following a recent cyberattack.

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ACCC raises competition concerns over NSW Forestry’s Hume Forests deal
Competition & Consumer Protection 2022-10-20 4:35 pm By Cindy Cameronne

The ACCC has expressed concerns that Forestry Corporation of NSW’s proposed acquisition of Hume Forests could lead to price increases in regional areas by removing a significant competitor in the softwood market. 

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High Court won’t hear appeal in spat with law firm over $24.5M Melbourne development
Legal Ethics 2022-10-20 10:53 pm By Cat Fredenburgh

The High Court has declined special leave to a former Rigby Cooke client who unsuccessfully challenged the law firm’s win in a dispute over a $24.5 million East Melbourne development.

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Thomson Geer lures partner for construction team
People In The News 2022-10-20 4:01 pm By Sam Matthews

Thomson Geer has snagged a construction disputes specialist from Clayton Utz to bolster its growing construction team in Sydney.

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Law firm gets $14.5M in fees, after judge trashes ‘distorted’ referee’s report in Woolworths class action
Class Actions 2022-10-19 3:39 pm By Sam Matthews

The law firm that secured a $44.5 million settlement in a class action against Woolworths has won its full $14.5 million in costs, with a judge tossing the report of the referee he appointed to examine the fees, which he said appeared double what they should be.

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High Court hears case that could upend insolvency law at critical moment
Restructuring & Insolvency 2022-10-19 4:43 pm By Cindy Cameronne

Insolvency practitioners are holding their breath as the High Court hears a case that could abolish a key rule used by liquidators in recouping payments to unsecured creditors at a time when the industry is bracing for a possible recession.

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AMP grilled over possible breach of court orders in insurance churn case
Financial Services 2022-10-19 11:26 pm By Cindy Cameronne

A judge has questioned AMP Financial Planning over whether it breached court orders to compensate customers after finding the firm failed to prevent a now banned adviser from churning life insurance for higher commissions.

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Class actions against BMW, Mercedes Benz ‘imminent’
Class Actions 2022-10-19 11:05 pm By Cat Fredenburgh

Luxury car makers BMW and Mercedes-Benz are facing separate $100 million class actions over the alleged use of cheat devices on emissions tests.

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