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PwC partner was used to give ‘cloak of privilege’ to work, ATO tells court
Tax 2021-09-06 9:02 pm By Miklos Bolza

Accounting giant PricewaterhouseCoopers used one of its legally qualified partners as a “postbox” to provide a “cloak of privilege” to work conducted for meat processing company JBS, the Commissioner of Taxation has told the Federal Court.

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Shareholders fail to prove loss from Babcock & Brown disclosure breaches
Financial Services 2021-09-06 11:49 am By Christine Caulfield

Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.

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Court to rule soon in Queensland floods class action appeal
Class Actions 2021-09-06 4:42 pm By Christine Caulfield

Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland floods has paid off.

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Lawsuit settled over Tradie’s ‘Aussiest undies ever’ claim
Competition & Consumer Protection 2021-09-06 3:02 pm By Christine Caulfield

Men’s briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the ‘Aussiest undies ever’.

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Finish detergent wins injunction in Powerball trade mark case
Intellectual Property 2021-09-06 1:58 pm By Christine Caulfield

The makers of Finish dishwashing products has secured an injunction keeping rival Somat products branded with an allegedly infringing logo from supermarket shelves until the Federal Court decides a high-stakes trade mark battle.

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High Court asked to hear dismissal case of TechnologyOne exec
Employment 2021-09-06 12:58 pm By Christine Caulfield

A former senior executive of TechnologyOne wants the High Court to take up his unfair dismissal case after the software company won its challenge to his $5.2 million win.

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Law firm can’t get fees after ‘dishonourable conduct’ toward clients
Business of Law 2021-09-03 10:41 pm By Bianca Hrovat

An appeals court has upheld a ruling that Sydney law firm Atanaskovic Hartnell was not entitled to the bulk of $165,000 in legal fees charged to two media company clients defrauded by jailed former solicitor Brody Clarke, calling the firm’s attempt to renege on its undertakings “dishonourable”.

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‘Some might also die’: Judge denies religious leaders’ bid for lockdown exemption
COVID-19 2021-09-03 9:39 pm By Cindy Cameronne

A judge has thrown out an urgent bid by Australian religious leaders for a temporary exemption from COVID-19 lockdown orders in NSW and Victoria to observe upcoming religious holidays, saying granting the injunction may lead to deaths.

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Claims against PwC trimmed in class action over $50M Axsesstoday bond prospectus
Class Actions 2021-09-03 2:39 pm By Miklos Bolza

The applicant in a class action against PricewaterhouseCoopers over a $50 million bond prospectus for asset finance lender Axsesstoday has dropped claims accusing the accounting giant of being involved in the company’s alleged misrepresentations.

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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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