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ACCC calls for mandatory dairy code of conduct
Competition & Consumer Protection 2018-04-30 3:22 pm By Cat Fredenburgh

Australia’s consumer regulator has called for a mandatory code of conduct to address the power imbalances along the dairy supply chain, a move opposed by dairy processors.

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Brennar resigns, GC out amid Clayton Utz report controversy
Financial Services 2018-04-30 12:01 pm By Christine Caulfield

AMP’s chairwoman Catherine Brennar has resigned and the firm’s general counsel has left, as the company faces possible criminal charges for misleading the corporate regulator over its decade-long practice of charging undue fees to clients.

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Judge invalidates Encompass’ software patents
Intellectual Property 2018-04-27 11:27 pm By Miklos Bolza

Financial software company Encompass Corp., which lost its patent infringement case against technology firm InfoTrack, and lost its patents in the process, should pay just 30% of InfoTrack’s costs, the Federal Court has been told.

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AMP could face criminal charges, Royal Commission hears
Financial Services 2018-04-27 11:24 pm By Christine Caulfield

AMP could be hit with criminal charges after counsel assisting the Royal Commissioner said Friday evidence before the commission had shown the wealth management firm may have broken the law when it charged fees for no service, lied about the practice to ASIC, and presented a heavily-edited Clayton Utz report to the corporate regulator as independent.

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Ex-CEO of Snowy 2.0 project says warrants in bribery case ‘defective’
White Collar 2018-04-27 10:41 pm By Miklos Bolza

The former CEO of the lead contractor on the Snowy Hydro 2.0 project now facing corruption charges was the target of Australian Federal Police search warrants that were “too broad” to be sufficient, the Federal Court was told on Friday.

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Crown Resorts hit with $300,000 fine
Entertainment 2018-04-27 10:35 pm By Cat Fredenburgh

Crown Resorts has been censured and hit with a $300,000 fine by the Victorian Commission for Gambling and Liquor Regulation after an investigation found Crown staff altered online gaming machines without the regulator’s permission.

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Ex-Storm Financial execs appeal penalty
Securities 2018-04-27 10:19 pm By Cat Fredenburgh

The former directors of defunct financial advisory firm Storm Financial have filed an appeal after the Federal Court slapped them each with a $70,000 fine and banned them from managing corporations for seven years.

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Full Court derails Nationwide’s appeal attempt in Rush case
Media 2018-04-27 10:08 pm By Miklos Bolza

The Full Federal Court has dismissed Nationwide News’ application for leave to appeal Justice Michael Wigney’s March judgment in the hotly contested Geoffrey Rush defamation case that shot down the publisher’s truth defense.

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Roadshow wins bid to block piracy sites
Intellectual Property 2018-04-27 9:46 pm By Cat Fredenburgh

A Federal Court judge has ordered Telstra, Optus, Vocus and TPG to block 16 online sites for pirated content. 

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Judge won’t give Sexpo early peek of docs in consumer case
Competition & Consumer Protection 2018-04-26 11:38 pm By Christine Caulfield

A judge has denied an attempt by adult exhibition operator Sexpo to gain pre-litigation access to documents held by members of a movement that last year linked the exhibition to child pornography, saying Sexpo had not establish a belief that the statements damaged its reputation.  

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