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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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‘Magnet for litigation’: Dixon Advisory insurers fight to shield policy info in class action
Insurance 2022-09-07 11:29 pm By Cindy Cameronne

Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million. 

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Court upholds $50M award for Siemens in spat over Qatar transport contract
Construction 2022-09-07 11:45 pm By Cindy Cameronne

A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.

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Google wins opposition to FitBet trade mark
Intellectual Property 2022-09-07 10:21 pm By Cat Fredenburgh

Google has succeeded in blocking a fitness app from registering ‘FitBet’ as a trade mark, with a a Trade Marks Office delegate finding the mark was deceptively similar to the Silicon Valley company’s marks for its popular FitBit wearable devices.

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Halifax sues King & Wood Mallesons for negligence
Professional Negligence 2022-09-06 11:22 pm By Cindy Cameronne

Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.

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Opal Tower insurers question reasonableness of class action defence costs
Insurance 2022-09-06 3:27 pm By Cindy Cameronne

Three insurers for builder Icon are planning to test the reasonableness of a structural engineer’s defence costs in a now settled class action brought by apartment owners in Sydney’s ill-fated Opal Tower.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
Employment 2022-09-06 11:14 pm By Christine Caulfield

The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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Nine sued for defamation over ‘Million Dollar Murders’ episode
Defamation 2022-09-06 4:58 pm By Sam Matthews

A man has sued Nine over an episode of a true crime show which he alleges depicted him as a suspect in the unsolved murder of a teenaged girl in 1997.

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Clive Palmer’s QNI loses appeal in $26M spat over unpaid gas bill
Energy & Natural Resources 2022-09-06 4:49 pm By Cindy Cameronne

Clive Palmer’s Queensland Nickel refinery has lost its appeal of a decision ordering it pay $26.6 million for natural gas charges owed after a court rejected claims it did not need to repay the money because pipeline owners had breached their duties.

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Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Competition & Consumer Protection 2022-09-05 11:32 pm By Cindy Cameronne

Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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