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United can’t boot judge from final hearing in Freehills case
Corporate 2018-10-09 11:57 pm By Miklos Bolza

Australian petrol retailer United Petroleum has lost a bid to disqualify a judge from a final hearing on costs in its unsuccessful battle against law firm Herbert Smith Freehills over a failed initial public offering.

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Telstra scolded for lax priority assistance compliance
Telecommunications 2018-10-09 11:55 pm By Cat Fredenburgh

Telstra has fallen short in complying with its priority assistance obligations to customers with life-threatening medical conditions, according to the communications regulator, which opened its investigation following the deaths of two customers who were unable to use their landlines.

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QBE Insurance to pay $2.6M over collapsed steel mill
Insurance 2018-10-09 9:02 pm By Miklos Bolza

QBE Insurance (Australia) has been ordered to pay over $2.6 million in compensation to cover losses after a series of mishaps led to the collapse of steel product manufacturer Independent Tube Mills in 2014.

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US sports site tackles Aussie rival with IP suit
Intellectual Property 2018-10-09 4:42 pm By Cat Fredenburgh

A US sports news website founded by former Yankees shortstop Derek Jeter featuring content by athletes has filed a lawsuit alleging an Australian sports site has violated its IP.

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Viterra must pay Cargill’s costs for ‘pointless’ High Court appeal
Appeals 2018-10-09 4:23 pm By Cat Fredenburgh

Viterra has been hit with costs for persisting with a special leave application to the High Court seeking to compel Cargill to turn over emails exchanged with its lawyers at Allens during the sale of its Joe White Maltings business, even after Cargill agreed to waive privilege and produced the documents.

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ANZ says prosecutors dragging feet in criminal cartel case
Competition & Consumer Protection 2018-10-09 1:29 pm By Miklos Bolza

The Australia and New Zealand Banking Group told the court on Tuesday that it urgently needs a statement of facts, during the first hearing in the highly anticipated criminal cartel case against three investment banks.

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Port of Newcastle must cut access fee for Glencore ships, ACCC says
Competition & Consumer Protection 2018-10-08 11:39 pm By Cat Fredenburgh

The Port of Newcastle must slash its access charge for Glencore coal ships by 20 per cent, the Australian Competition and Consumer Commission has determined.

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ASIC bans fourth NAB banker over home loan fraud scam
Financial Services 2018-10-08 11:01 pm By Christine Caulfield

Former National Australia Bank branch manager Mathew Alwan has been permanently banned from the financial services industry for his involvement in a home loan fraud ring in greater western Sydney.

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Judge puts ASIC ‘fees for no service’ case against NAB on fast-track
Financial Services 2018-10-08 10:56 pm By Miklos Bolza

A Federal Court judge has put ASIC’s first fees for no service case, brought against two units of National Australia Bank’s wealth management division, on an expedited timetable, saying the case was not new territory for the bank.

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MyBudget denied costs in ‘public interest’ class action
Class Actions 2018-10-08 10:48 pm By Cat Fredenburgh

A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.

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