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Deputy PM Richard Marles called out for ‘quibbling’ in bullying case
Employment 2025-02-18 4:19 pm By Sam Matthews

Deputy Prime Minister Richard Marles’ chief of staff has called out her boss for “quibbling” in her case alleging she was pushed out after complaining about bullying.

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S&P fails in bid for all class action expert evidence to be thrown out
Class Actions 2025-02-13 3:55 pm By Cindy Cameronne

Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.

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Callide Energy can’t block sale of interest in Queensland power station
Energy & Natural Resources 2025-02-06 11:06 pm By Andy Sidler

Callide Energy has failed in a courtroom bid to block the sale its partner’s interest in the joint venture for the construction and operation of Queensland’s Callide power station.

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Babcock & Brown shareholders can’t stay costs orders in failed 10-year-old case
Appeals 2025-01-07 5:58 pm By Cindy Cameronne

Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.

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Dominique Grubisa, Master Wealth lose challenge to $6M penalty
Appeals 2025-01-03 5:46 pm By Sam Matthews

The Full Court has rejected wealth guru Dominique Grubisa’s argument that a judge who slapped her and her company with a $6 million penalty wrongly confused the ordinary consumer with “the most ignorant”.

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ASIC, Noumi win appeal in privilege fight over PwC report
Securities 2024-12-20 5:45 pm By Andy Sidler

An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.

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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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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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S&P entitled to Rolls-Royce defence in CDO class action: court
Financial Services 2024-10-28 11:26 pm By Cat Fredenburgh

S&P is free to pay for a Rolls-Royce defence in “Rolls-Royce litigation” that alleges the agency engaged in fraud in assigning ratings to risky financial products, a judge has said.

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S&P class action judge to hear fight over evidence of fraud
Class Actions 2024-09-30 11:30 pm By Andy Sidler

A class action over S&P’s rosy ratings on risky financial products faces a preliminary fight over the relevance of expert evidence that seeks to prove fraud on the part of the ratings agency.

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