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Mayfairā€™s James Mawhinney wants reprieve from ASICā€™s contempt case
Financial Services 2022-03-17 4:14 pm By Cindy Cameronne

Mayfair 101 director James Mawhinney has sought a temporary stay of ASICā€™s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.

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AFCA lacked impartiality in decision against IronFX, court rules
Financial Services 2022-03-17 10:16 pm By Cindy Cameronne

Online trading platform IronFX has won its action against the Australian Financial Complaints Authority over a finding it wrongfully caused an 83 year-old French resident to lose his life savings.

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Vector Corrosion not entitled to concrete treatment patent, judge finds
Intellectual Property 2022-03-17 3:28 pm By Miklos Bolza

Concrete repair company Vector Corrosion Technologies has lost its bid for ownership of a concrete treatment patent held by three former employees who jumped ship, with a court finding the trio invented the technology after leaving Vector.

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Honda hit with lawsuit over abandoned dealership model
Competition & Consumer Protection 2022-03-16 7:02 pm By Sam Matthews

Honda Australia has been hit with a lawsuit by three former dealers over its decision to abandon a dealership model in Australia, the latest car maker to face litigation by car dealers.

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‘Intimate’ encounter with student no cause for ANU professor’s dismissal, FWC says
Employment 2022-03-16 1:56 pm By Sam Matthews

A Fair Work commissioner who previously slammed vaccine mandates as “medical apartheid” has found that an Australian National University professor was unfairly fired over a 30-minute “intimate” beach encounter with a student.

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Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
Insurance 2022-03-16 4:06 pm By Miklos Bolza

Lloyd’s has won access to letters between Moray & Agnew and an insurer to test its claims that a $3.7 million settlement the law firm agreed to over the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis was excessive and made to protect the firm’s reputation.

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Virgin scores High Court win in spat with Wells Fargo over leased engines
High Court 2022-03-16 7:23 pm By Miklos Bolza

US bank Wells Fargo and Florida-based aviation leasing company Willis Lease Finance will have to pay $500,000 for the relocation of leased aircraft engines to Virgin after losing a High Court bid to have the airline foot the bill.

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Fitness chain F45 tries to revive patents for computerised workout system
Intellectual Property 2022-03-16 5:29 pm By Sam Matthews

National fitness chain F45 has appealed a court decision revoking two of its patents for a computer-run trainer workout system, arguing its system constituted a technological innovation in the field of fitness studio franchising which rival Body Fit has profited from.

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Salter Brothers misled client over $2.4M visa investment, lawsuit says
Corrs Chambers Westgarth 2022-03-16 5:05 pm By Cindy Cameronne

A former Salter Brothers client has filed a lawsuit against the fund manager, claiming it misled her about an investment fund marketed as part of a visa program to migrate to Australia.

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Hastie’s claim against Lendlease in $68M suit ā€˜untenableā€™, court hears
Restructuring & Insolvency 2022-03-16 10:36 pm By Cindy Cameronne

A bid by the liquidators of collapsed engineering company Hastie Group for Lendlease to pay back funds it withdrew under bank guarantees is ā€œuntenableā€ and ā€œmisconceivedā€, a court has heard in a $68 million case that also targets Multiplex, Grocon and John Holland.

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