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ASIC to hand over examination transcript in Westpac insider trading case
ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.
Medtronic sold bone graft kits without regulatory ok, court action alleges
Tens of thousands of hospital patients were put at risk when Medtronic unlawfully supplied a bone grafting kit to hospitals that was not registered on the Australian Register of Therapeutic Goods, according to new regulatory proceedings.
Takata airbags class action appeals court loss to Volkswagen
The applicant in a class action against Volkswagen over defective Takata airbags has appealed a ruling dismissing the case for failing to establish any loss or damage.
Bluescope slams as ‘delusional’ ACCC evidence of cartel conduct
BlueScope has labelled "delusional" an argument by the competition regulator that alleged correspondence from a distributor about the steel company’s suggested higher prices was evidence of price-fixing.
Judge wary of deciding ‘hypothetical’ loss question in Aveo class action
Retirement home provider Aveo Group, which is facing a class action by residents, wants a court to determine group members' loss in a preliminary hearing, but a judge has questioned whether he is barred from deciding the "hypothetical" question.
EY asks court to toss negligence case over Coca-Cola Amatil’s SPC sale
Consulting giant EY wants a court to dismiss a case brought by a joint venture alleging negligence in due diligence reports of Coca-Cola Amatil's $40 million sale of fruit processing business SPC.
Asian accents ‘light-hearted humour’, not racism, Erin Molan tells defamation trial
Chanel 9 sports reporter Erin Molan told a judge the ever-changing goal posts of political correctness made it hard to know whether racially-charged jokes were acceptable radio fodder, but denied ever making racist jokes on air.
Christian Porter wins bid to block media from using secret parts of ABC defence
Liberal MP Christian Porter has won his bid to block Nine and News Corp from using secret portions of ABC’s defence to his defamation allegations that the media giants accessed as intervenors in the former Attorney-General’s case.
University of Sydney political lecturer wins appeal over swastika dismissal
A former University of Sydney political economy lecturer who was fired for conduct that included showing students a slide of a Nazi swastika superimposed on the Israeli flag has won a challenge to a ruling tossing his unlawful termination case.
Law firm close to filing Blue Sky class action, partner says
A shareholder class action against defunct fund manager Blue Sky Investments and others will be filed by the end of the year, Lawyerly has learned.