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Second judge has rosier view of claims in class action over $85M development
Real Estate 2024-11-22 1:26 pm By Sam Matthews

The judge overseeing a class action over the $85 million sale of a Sydney development has expressed a more favourable view of the plaintiffs’ claims than a judge who denied them an interim injunction.

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Wealth guru Dominique Grubisa pleads ignorance in appeal of $6M penalty
Competition & Consumer Protection 2024-11-20 11:25 pm By Andy Sidler

On appeal of a $6 million judgment for misleading statements, Dominique Grubisa and her wealth education company DG Institute have argued her advice was based on faulty knowledge, not ill intentions. 

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ATO, PepsiCo fight over royalty withholding tax goes to High Court
Tax 2024-11-08 11:06 pm By Cat Fredenburgh

The ATO has won the nod from the High Court to appeal a finding that a royalty withholding tax did not apply to payments from Schweppes to PepsiCo under agreements to sell brands like Pepsi and Gatorade in Australia.

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ASIC wins case over life insurer’s misleading ‘pre-existing condition’ term
Insurance 2024-10-29 11:04 pm By Cindy Cameronne

ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term. 

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Former Noumi CFO set to cop $100,000 penalty in ASIC case
Securities 2024-10-08 3:48 pm By Sam Matthews

A judge has indicated he will sign off on a $100,000 penalty and four-year ban against the former CFO of Noumi, who has admitted his role in the food company’s non-disclosures.

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WiseTech CEO can suppress docs in legal stoush with beautician
Bankruptcy 2024-10-02 2:36 pm By Andy Sidler

WiseTech CEO Richard White has won suppression orders over documents allegedly revealing legal advice and settlement negotiations in a dispute with a Sydney beautician.

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Ex-Linchpin director loses appeal of $150,000 penalty
Appeals 2024-09-24 2:17 pm By Cindy Cameronne

The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.

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Suit alleges barrister used $1.3M of his company’s funds for chambers fees
Securities 2024-09-24 11:41 pm By Sam Matthews

Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees. 

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Justin Hemmes’ Establishment wins trade mark spat with restaurant
Intellectual Property 2024-09-20 4:29 pm By Sam Matthews

Sydney hospitality mogul Justin Hemmes has prevailed in a trade mark stoush with Brisbane restaurant Establishment 203.

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Lundbeck wins appeal in decade-long IP battle with Sandoz over Lexapro
Intellectual Property 2024-09-20 11:30 pm By Christine Caulfield

Pharmaceuticals giant Lundbeck has succeeded in overturning IP Australia’s decision granting Novartis unit Sandoz a licence to sell a generic version of top-selling antidepressant Lexapro.

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