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Aussie Broadband challenges Superloop sell order amid takeover fight
Telecommunications 2024-03-20 4:19 pm By Sam Matthews

Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a ā€œcontested takeover battleā€ between the companies.Ā 

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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban.Ā 

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King & Wood Mallesons settles negligence lawsuit by Halifax
Professional Negligence 2024-03-19 11:13 pm By Cat Fredenburgh

King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.

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Google chokes Play Store competition with technical restraints, Fortnite maker tells court
Trials 2024-03-19 11:22 pm By Cindy Cameronne

Google is nearing “monopoly levels” with its exploitation of the Android brand to prevent other app stores from competing with its Play Store, the maker of the Fortnite video game has said in a landmark competition trial.

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Class actions leaped to near-record level in 2023: report
Class Actions 2024-03-19 11:19 pm By Sam Matthews

Driven by competing proceedings, class action filings surged back in 2023, making it the second busiest year for filings ever, according to a new report by law firm Allens.

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HWL Ebsworth managing partner Juan Martinez dies suddenly
Business of Law 2024-03-19 3:27 pm By Cat Fredenburgh

Juan Martinez, managing partner of Australia’s largest firm by partner count, died suddenly on Monday from a “medical issue”.

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McCullough Robertson dodges indemnity costs in spat with client over $237,000 bill
Business of Law 2024-03-19 2:48 pm By Sam Matthews

McCullough Robertson has avoided a clientā€™s bid for indemnity costs despite a judgeā€™s finding the law firm waited an ā€œinordinateā€ amount of time to withdraw a statutory demand for payment of a $237,000 legal bill.Ā 

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No loss to Bordeaux wine producer from Tassie pinot noir bottle’s misleading appearance: court
Intellectual Property 2024-03-19 11:53 pm By Christine Caulfield

The maker of Tasmanian pinot noir label New Certan breached the consumer laws in bottling its product in a way that resembled the packaging of a fancy French drop, but the premium wine producer failed to prove any loss, a court has ruled.

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.

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Apple CEO called App Store an ‘economic miracle’, court hears in Epic Games trial
Trials 2024-03-18 11:54 pm By Cindy Cameronne

Apple has made exceptional profits skimming a 30 per cent commission from sales on its app store, dubbed by the tech giant’s CEO an “economic miracle”, Epic Games has said on the first day of trial in a landmark competition case.

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