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Qantas can’t stay penalty hearing in outsourcing dispute with TWU
Employment 2021-09-21 2:26 pm By Miklos Bolza

Qantas has lost its second attempt to delay a hearing on further relief pending an appeal in its outsourcing spat with the Transport Workers Union, with a judge finding a stay would prejudice the union more than the airline.

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Boral denies loss claims in shareholder class action
Class Actions 2021-09-15 2:53 pm By Miklos Bolza

Boral has denied that shareholders bringing two class actions against it over financial irregularities in its North America windows business suffered any loss, saying that its systems helped spot and prevent the financial manipulation from continuing.

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Brother of NBA star wins $550,000 in defamation damages against sister
Defamation 2021-09-14 4:32 pm By Christine Caulfield

The sister of NBA star Ben Simmons has been ordered to pay $550,000 in damages to half-brother Sean Tribe for a series of Tweets alleging Tribe sexually molested her as a child.

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NSW Police launch investigation into Forum Finance
Financial Services 2021-09-13 2:57 pm By Cat Fredenburgh

The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.

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Allergan wins appeal in Botox trade mark battle
Intellectual Property 2021-09-08 5:19 pm By Miklos Bolza

Botox maker Allergan has successfully challenged a Federal Court judgment dismissing its trade mark lawsuit against an Australian company selling topical creams as an alternative to Botox injections.

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Judge pushes on with penalty despite Qantas appeal in case over ground crew
Employment 2021-09-08 5:40 pm By Miklos Bolza

Qantas Airways is seeking to overturn a Federal Court finding that its decision to axe 2,000 ground staff and replace them with labour hire workers during the COVID-19 pandemic was made partially to stop workers engaging in industrial action.

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Forum Finance liquidators win court ok to sell $1.2M luxury yacht
Restructuring & Insolvency 2021-09-03 9:57 pm By Miklos Bolza

Liquidators for Forum Finance have won court approval to sell a $1.2 million Mangusta luxury yacht as well as 12 properties owned by various companies within the Forum Group.

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ASIC issues notices to Nuix as part of investigation
Corporate 2021-09-02 11:16 pm By Christine Caulfield

The Australian Securities and Investments Commission issued notices Thursday to Nuix seeking documents in its investigation of the troubled tech company.

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.

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Judge freezes Forum Finance director’s worldwide assets
Financial Services 2021-08-27 5:34 pm By Cindy Cameronne

A judge has expanded a freezing order over assets owned by Forum Finance director Vincenzo Tesoriero to include property outside Australia, including a yacht in Miami dubbed “XOXO”, after Westpac raised concerns about non-disclosure.

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