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Seafolly, Seko lay down swords in suit over shipping agreement
Contracts 2018-09-04 9:49 pm By Cat Fredenburgh

Aussie swimwear company Seafolly Pty Ltd and global logistics company Seko have agreed to settle their dispute over a shipping agreement that went south.

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‘Poisonous relationship’ sends $2.5M Shark Tank winners to court
Restructuring & Insolvency 2018-09-04 9:38 pm By Miklos Bolza

The two directors of biodegradable coffee pod startup iCapsulate have been ordered into mediation to try to resolve a feud over whether to liquidate the company, a year after it was offered $2.5 million by an investor on reality TV show Shark Tank.

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Microsoft wins $2.8M judgment for violations of Windows IP
Intellectual Property 2018-09-04 5:17 pm By Cat Fredenburgh

Microsoft has won a $2.8 million judgment against a Melbourne computer retailer for violating the intellectual property for its Windows 7 software.

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Woolworths asks court to toss worker’s sex discrimination case
Employment 2018-09-04 3:59 pm By Christine Caulfield

Woolworths has denied discriminating against a long-serving female manager in one of its Queensland stores and has called on a court to dismiss the worker’s case.

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Westpac to pay $35M to settle ASIC case over automated home loans
Financial Services 2018-09-04 3:07 pm By Cat Fredenburgh

Westpac will pay $35 million to settle a case brought by ASIC alleging the bank breached responsible lending laws through its automated home loan system, the largest civil penalty ever awarded under the National Credit Act.

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VW ordered to name names in Dieselgate suits
Class Actions 2018-09-03 11:35 pm By Cat Fredenburgh

The judge overseeing lawsuits by the ACCC as well as multiple class actions against Volkswagen AG over the Dieselgate scandal has ordered the car maker to provide the names of executives who were responsible for the development of the emissions cheating software.

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Westpac close to settling ASIC’s responsible lending case
Financial Services 2018-09-03 9:27 pm By Miklos Bolza

A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.

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Macquarie Group hits back at advisers’ wage claims
Employment 2018-09-03 9:06 pm By Christine Caulfield

Macquarie Group has defended its remuneration package for financial advisers in its private wealth unit, denying claims it paid them entirely in commissions and unlawfully withheld regular wages.Ā 

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Exiled broker ponders misleading conduct case against Westpac
Financial Services 2018-09-03 2:26 pm By Miklos Bolza

A mortgage broker can eyeball an internal Westpac document as he considers a misleading and deceptive conduct case against the bank for stripping him of his accreditation without explanation.

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Latest BHP class action features novel funding arrangement
Class Actions 2018-09-02 11:50 pm By Christine Caulfield

Maurice Blackburn has filed its promised class action against BHP Billiton over the Brazilian dam collapse, and the case puts a twist on typical funding arrangements, with the law firm looking to earn what it dubs a “litigation services fee” for financing the case itself.

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