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‘Offensive’ Instagram post a valid reason for firing hospital worker, FWC says
Employment 2018-07-03 11:56 pm By Christine Caulfield

The Fair Work Commission has thrown out an unfair dismissal case by a Sydney-based hospital employee who was fired after an unsolicited and “highly offensive” Instagram message to a young nurse.

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Toll can’t escape worker’s second case over right to convert to full-time
Employment 2018-07-03 10:23 pm By Miklos Bolza

Toll Transport has lost a bid to dismiss a second proceeding brought against it by a freight handler who last year won the right to convert from a casual to a full-time position in a precedent setting ruling.

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Chinese food retailer Winha settles case with ASX over delisting threat
Securities 2018-07-03 10:01 pm By Christine Caulfield

China-based food retailer Winha Commerce has settled legal action it launched against the Australian Stock Exchange over ASX’s threats to delist the company.

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ASIC sues financial advisor over $1.4M loan scam
Financial Services 2018-07-03 9:55 pm By Miklos Bolza

The Australian Securities and Investments Commission has taken Queensland firm Refocus Financial Group to court for allegedly co-opting over $1.4 million in client loans for personal and business use.

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Sydney magistrate settles defamation case against radio station
Defamation 2018-07-03 9:46 pm By Miklos Bolza

Sydney magistrate Joan Baptie has agreed to settle a defamation case brought against the owner of radio station 2GB after an on-air apology by host Ben Fordham.

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Goldman Sachs deal with ASIC to keep lawyers busy
Financial Services 2018-07-02 11:58 pm By Cat Fredenburgh

Goldman Sachs has agreed to involve more lawyers in its capital markets transactions communications, after the Australian Securities and Investments Commission raised concerns about representations made during a Healthscope block trade managed by the US investment bank. 

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ASIC opens Whitebox trial, keeps judge on toes
Securities 2018-07-02 11:06 pm By Miklos Bolza

The trial in ASIC’s complex share market manipulation action against Whitebox Trading began Monday, with an opening submission by the corporate regulator that at times had even the presiding judge scratching his head.

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V Energy maker sees red, loses colour trademark battle with Coke
Intellectual Property 2018-07-02 10:39 pm By Christine Caulfield

The maker of V Energy drinks has lost a fight to trademark the shade of green used on its cans and labels, with a judge agreeing with rival Coca-Cola that the colour was descriptive, not distinctive.

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Cash Converters must answer questions on tax treatment of brokerage fees
Class Actions 2018-07-02 10:30 pm By Cat Fredenburgh

A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new class action allegations that the brokerage fees it charged individuals who took out pay day loans were actually for services it received.

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Commonwealth Bank hit with new class action over money-laundering breaches
Class Actions 2018-07-02 4:00 pm By Cat Fredenburgh

Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.

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