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CBA wants more info on $45M rest break lawsuit
Employment 2022-02-21 4:21 pm By Sam Matthews

The Commonwealth Bank of Australia wants more details about the Finance Sector Union’s allegations that it failed to provide thousands of employees with paid rest breaks for at least six years. 

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High Court to hear BHP challenge to foreign investors in class action
High Court 2022-02-18 10:59 pm By Cat Fredenburgh

BHP Group has been granted special leave from the High Court to appeal a ruling that rejected its bid to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster.

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Priceline class action on verge of collapse as funder withdraws
Class Actions 2022-02-18 1:18 pm By Cat Fredenburgh

The funder that was bankrolling a class action alleging pharmacy giant Priceline exercised an “overly prescriptive level of control” on franchisees which limited their profitability has withdrawn its support for the proceeding.

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Class action against Suncorp unit wants opt out notice delayed till eve of trial
Insurance 2022-02-18 1:55 pm By Christine Caulfield

The law firm behind a consumer class action against Suncorp subsidiary AAI over add-on car insurance says notices to group members should not be sent until the case is ready for trial and the “information asymmetry” is corrected.

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Judge finds ‘no immediate threat’ of harm in ASIC’s contempt case against Mayfair’s Mawhinney
ASIC 2022-02-18 4:19 pm By Bianca Hrovat

The Australian Securities and Investments Commission has lost an interim injunction bid against the director of investment firm Mayfair 101 in its case seeking a contempt finding, despite arguing there was a substantial risk of harm to consumers.

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Franchisees appeal $1.2M security order in Hog’s Breath Cafe class action
Franchises 2022-02-18 10:00 pm By Christine Caulfield

Franchisees of the Hog’s Breath Cafe restaurant chain are challenging a ruling that they hand over $1.23 million in security for the defence costs of the franchisor in their class action.

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Government loses evidence spat on eve of damages trial in Navy training class action
Class Actions 2022-02-18 7:29 pm By Sam Matthews

The federal government has lost a bid to submit additional evidence ahead of an upcoming damages trial in a class action brought on behalf of 200 Navy marine technicians over a breached training contract. 

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Viterra to pay $168.9M for misleading Cargill during Joe White sale
Corporate 2022-02-17 2:05 pm By Cat Fredenburgh

Grain producer Viterra will be ordered to pay Cargill Australia $168.9 million after a judge found the Glencore-owned company  misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.

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Aware Finance cops $20M penalty in ASIC fees for no service action
Financial Services 2022-02-17 9:04 pm By Sam Matthews

Aware Finance, formerly StatePlus, has been fined $20 million for charging over 25,000 customers approximately $50 million for services they did not receive. 

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Law firm accused of giving bad tax advice on $3B Wyndham Vale development
Professional Negligence 2022-02-17 4:48 pm By Cat Fredenburgh

Melbourne farmers-turned-developers the Bozzo family have sued a national law firm for allegedly giving bad tax advice on the $3 billion Wyndham Vale development in Melbourne’s west, situated on 482 hectares of land the family purchased in 1994.

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