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Murray Goulburn, ex-boss close to settling ACCC case
Competition & Consumer Protection 2018-08-30 1:53 pm By Christine Caulfield

Murray Goulburn and its former CEO appear to be nearing a settlement with the consumer watchdog over claims the dairy producer misled farmers in three states about farmgate milk prices.

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S&P, ANZ pay $215M to settle class actions over CDO ratings
Class Actions 2018-08-30 11:22 am By Miklos Bolza

S&P Global will pay $215 million to settle six consolidated class actions brought by investors over toxic CDOs, a figure revealed by the Federal Court on Thursday despite calls that it be kept secret.

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ACCC greenlights TransUrban bid for WestConnex stake
Competition & Consumer Protection 2018-08-30 10:55 am By Cat Fredenburgh

The ACCC has approved TransUrban’s bid for a majority stake in the WestConnex highway project, after TransUrban agreed to publish toll data to help bidders compete for toll road concessions.Ā 

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$40M class action launched over Sydney Light Rail project
Class Actions 2018-08-29 10:12 pm By Cat Fredenburgh

A group of 61 business owners has filed a class action against the NSW government alleging they suffered losses as a result of the Sydney Light Rail project.

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Fonterra denied strict confidentiality regime in Bega trade mark dispute
Intellectual Property 2018-08-29 9:33 pm By Cat Fredenburgh

A judge has denied a bid for a strict regime for dealing with confidential information in a lawsuit between cheese giants Fonterra and Bega over alleged violations of the terms of a trade mark licensing agreement.

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Judge slams ‘uncooperative’ Volkswagen in dieselgate case
Class Actions 2018-08-29 8:32 pm By Miklos Bolza

A Federal Court judge has criticised Volkswagen for being “uncooperative” in refusing to tell the court who authorised the defeat device at the heart of the auto giant’s diesel emissions cheating scandal.

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Judge calls out law firm for ‘threatening’ letters in Targus dispute
Competition & Consumer Protection 2018-08-29 5:48 pm By Miklos Bolza

Letters by law firm Corrs Chambers Westgarth for its client amid a contractual and consumer law dispute between two technology companies has been described by a judge as “bullying” and “threatening”.

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AMP wins bid to move class actions to state court
Class Actions 2018-08-29 2:24 pm By Christine Caulfield

AMP has prevailed in a hard-fought fight over where it will defend five shareholder class actions brought in the wake of the Banking Royal Commission, in a precedent-setting judgement that provides a road map for future jurisdictional battles over competing class actions.

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ASIC cautions lenders against reverse mortgage ‘box-ticking’
Article 2018-08-28 10:57 pm By Christine Caulfield

The Commonwealth Bank of Australia and other lenders have been warned by the corporate watchdog against a “tick-boxes” approach to reviewing reverse mortgage applications by elderly home owners.

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Lawyers look to expand class action against Ford
Class Actions 2018-08-28 10:13 pm By Miklos Bolza

Lawyers wants to expand the class action brought against the Ford Motor Company of Australia over allegedly defective Powershift transmissions, seeking court approval to increase the class size and bring new unconscionable conduct claims.

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