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ASIC accuses COFCO of manipulating wheat futures markets
ASIC 2024-07-25 2:46 pm By Cindy Cameronne

ASIC has brought civil penalty proceedings against Chinese government-owned agri-business COFCO, alleging it manipulated the market for Eastern Australian wheat futures market contracts in 2022. 

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Aussie YouTube content creator hit with defamation case over product review
Defamation 2024-07-24 11:49 pm By Sam Matthews

An Australian YouTuber has been sued by a lithium battery company which asked him for “unbiased reviews” of its products, saying his videos raising concerns about the batteries are defamatory.

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AMA loses in appeal over $4.8M smash repair acquisition
Appeals 2024-07-24 11:05 pm By Cindy Cameronne

Two Gosford-based smash repair businesses have won an appeal in a dispute with AMA Group over the earn out amount the ASX-list company owed under an October 2018 agreement to purchase the companies for $4.8 million.

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Jones Day lures Baker McKenzie special counsel for financial markets practice
People In The News 2024-07-24 2:52 pm By Sam Matthews

Jones Day has bolstered its financial markets practice with the addition of a former Baker McKenzie special counsel. 

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Former OnePath chair ‘not cooperating’ in ANZ class action, court told
Class Actions 2024-07-23 1:59 pm By Cindy Cameronne

The ex-chair of former ANZ unit OnePath “has not been cooperating” in a class action alleging it breached its duties as a trustee of superannuation funds by slugging members with excessive fees to pay commissions to financial advisers, a court has heard. 

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Super Retail hit with Fair Work complaints by former senior executives
Employment 2024-07-23 11:35 pm By Christine Caulfield

Two former executives of Rebel Sports owner Super Retail Group have filed action in the Fair Work Commission alleging contraventions related to their dismissal from the company.

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Lander & Rogers snags real estate partner from Gadens
Real Estate 2024-07-23 2:03 pm By Sam Matthews

Lander & Rogers has lured away a Gadens veteran to bolster its real estate practice in Brisbane. 

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Court questions GM’s interpretation of settlement in Holden class action
Class Actions 2024-07-22 11:04 pm By Sam Matthews

An appeals court has questioned General Motors’ construction of its settlement with the applicant in a class action on behalf of Holden dealers, as the car maker seeks to overturn a ruling that put it on the hook for the applicant’s full costs.

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McGrathNicol partners duck apprehended bias claims in Globaltech administration
Restructuring & Insolvency 2024-07-22 11:43 pm By Cindy Cameronne

A judge has rejected an application by a director of mining tech company Globaltech to replace administrators from McGrathNicol after arguing there was an appearance of bias since their fellow partners used to be on the board of its biggest unsecured creditor, Boart Longyear.

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McDonald’s opposes ‘skewed’ employee samples in underpayments class action
Class Actions 2024-07-22 3:06 pm By Cindy Cameronne

McDonald’s has raised concerns about a “skewed” sample of employees for the initial trial in a class action alleging the fast food giant denied shift managers compensation for pre- and post-shift work.

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