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AUSTRAC refuses exemption for CBA in ā€˜cuckoo-smurfingā€™ case
Financial Services 2022-05-23 12:51 pm By Cindy Cameronne

The Commonwealth Bank of Australia will bring its second bid to dismiss a case brought by customers who claim they were the victims of “cuckoo-smurfing” and had funds seized as proceeds of crime because the bank breached its anti-money laundering obligations.

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Treasury Wine’s blackout of board papers ā€˜not justifiedā€™, class action judge says
Class Actions 2022-05-23 3:03 pm By Cindy Cameronne

A shareholder class action against Treasury Wine Estates has won access to information said to prove there were reduced wine sales in the United States, with a judge finding the wine producer’s redactions of board papers were ā€œnot justifiedā€.

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Noumi drops serious misconduct claims against former GC
Employment 2022-05-23 9:14 pm By Cindy Cameronne

Noumi, the company formerly known as Freedom Foods, has dropped defence claims that it was entitled to sack its former secretary and group general counsel for serious misconduct.

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Uniden found to have infringed radio design patent of rival GME
Intellectual Property 2022-05-23 3:29 pm By Sam Matthews

A judge has found that Uniden infringed rival GMEā€™s design patent for a handheld radio, derailing the company’s plan for an Australian launch of two products.

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NSW transport authority ex-manager gave mates $12M in contracts, ICAC finds
Public Corruption 2022-05-23 9:50 pm By Sam Matthews

A former manager at the NSW Roads and Maritime Services awarded over $12.2 million in government contracts to two companies owned by his friends, the NSW Independent Commission Against Corruption has found.

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The show must not go on: Craig McLachlan drops defamation case
Defamation 2022-05-20 6:13 pm By Sam Matthews

Actor Craig McLachlan has dropped his defamation suit against the ABC, Fairfax and actress Christie Whelan Browne mid-trial just as the defence was due to start its case.

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In victory for class action, judge says bad breast implant claims can advance
Class Actions 2022-05-20 10:45 pm By Cat Fredenburgh

The applicants in a class action against The Cosmetic Institute and twelve doctors over allegedly “incompetent” breast augmentation surgery have won court approval to expand their case to allege misleading and deceptive conduct and breaches of the consumer guarantees in the Australian Consumer Law.

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Cliver Palmer canā€™t bring new case over $102M Queensland Nickel loan
Energy & Natural Resources 2022-05-20 2:59 pm By Cindy Cameronne

Clive Palmer-owned Queensland Nickel Sales has lost its bid to bring a breach of trust lawsuit against the liquidators of Queensland Nickel to recoup $102 million transferred after the billionaire suffered a courtroom defeat last year.

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Special leave refused in dispute over $81.8M Parklea Markets sale
David Williams 2022-05-20 3:20 pm By Cindy Cameronne

The High Court has refused Sydney retail personality Con Constantineā€™s bid to challenge a $4.25 million judgment in his favour over the $81.8 million Parklea Markets sale in 2016.

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Opal Tower class action reaches eleventh-hour settlement before 40-day trial
Construction 2022-05-19 10:54 pm By Sam Matthews

A long-running class action over the Opal Tower disaster has settled,Ā along with two related cases over the defective building, as a five-week trial was set to begin.

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