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Christian Porter says mystery benefactor contributed funds to defamation case
Defamation 2021-09-14 10:16 pm By Christine Caulfield

The federal Labor party has called on Christian Porter to reveal what he knows about an anonymous donor that covered a portion of his costs in pursuing defamation proceedings against the ABC over an article airing historical rape allegations.

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Ex-Vocus chairman charged with insider trading
White Collar 2021-09-14 10:08 pm By Cat Fredenburgh

Former Vocus chairman Vaughan Bowen has been charged with two counts of insider trading for allegedly offloading 5.6 million company shares while in possession of knowledge that a private equity firm would pull its $3.3 billion takeover offer for the telco.

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Cross-claims make new case an abuse of process, Isuzu tells court
Intellectual Property 2021-09-14 8:48 pm By Miklos Bolza

Truck company Isuzu has asked a court to shut down an $18 million lawsuit by Directed Electronics alleging copyright infringement, arguing that its own cross-claims –which substantially overlap with allegations in a 2017 case that went to trial — made it an abuse of process.

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Katy Perry wants to withdraw ‘wrong’ admission in trade mark spat with designer
Intellectual Property 2021-09-14 9:17 pm By Cindy Cameronne

US singer Katy Perry is seeking to withdraw an admission that licensing her trade mark to Target and Myer constituted use, saying it was plainly “wrong” after the Full Federal Court held an owner who authorised use of a mark was not liable for direct infringement.

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Class action probe results in redress scheme for women injured by disgraced doctor
Class Actions 2021-09-14 3:37 pm By Bianca Hrovat

Hundreds of women who suffered “chaos and devastation” at the hands of former surgeon Emil Gayed will be entitled to compensation after class action law firm Slater & Gordon negotiated with the state government to secure a redress scheme.

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Judge says MIS regulation ‘doesn’t work’ with class action regime
Class Actions 2021-09-13 11:23 pm By Cindy Cameronne

A Federal Court judge has taken a swipe at new regulations that require class action funding arrangements to be registered as managed investment schemes, saying it was difficult to reconcile the new rules with the class action regime.

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‘Curious choice’ to sue PwC and not Baker McKenzie, judge says
Accounting 2021-09-13 2:00 pm By Bianca Hrovat

Chinese lender Aoyin must pay PricewaterhouseCoopers’ legal costs for a vacated trial after Aoyin’s eleventh hour decision to join Baker McKenzie to a $10 million cross-claim in a dispute concerning the accounting firm’s advice on its failed bid to launch the first Chinese incorporated bank in Australia.

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NSW Police launch investigation into Forum Finance
Financial Services 2021-09-13 2:57 pm By Cat Fredenburgh

The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.

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ACCC to probe Apple Pay restrictions on banks
Competition & Consumer Protection 2021-09-13 2:26 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make ‘tap and go’ payments through Apple Pay.

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Hancock Prospecting loses bid for expanded trial in Rinehart family feud
Energy & Natural Resources 2021-09-13 3:02 pm By Miklos Bolza

Gina Rinehart’s Hancock Prospecting has failed to persuade a court to hold an expanded separate trial on the alleged wrongdoing of the mining magnate in a spat over the Hope Downs iron ore mine, with a judge finding the proposal could extend the already ten-year legal battle.

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