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CBA’s head of governance sues bank for threatening to ax her over complaints
Employment 2021-08-10 6:39 pm By Cindy Cameronne

Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.

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Apple asks High Court to undo ‘radical’ Epic Games decision
High Court 2021-08-10 3:10 pm By Cat Fredenburgh

The Full Federal Court took a “radical” and unorthodox approach with far-reaching consequences by keeping Apple’s competition dispute with Fortnite game maker Epic Games in Australia, the Silicon Valley giant has told the High Court.

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Clive Palmer’s Queensland Nickel refinery hit with $26.6M judgment over unpaid gas bill
Energy & Natural Resources 2021-08-10 3:16 pm By Miklos Bolza

The joint managers of Clive Palmer’s Queensland Nickel refinery have been ordered to pay $26.6 million for natural gas charges owed, after a court rejected claims they did not need to repay the money because pipeline owners had breached their duties.

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Biogen sues Pharmacor over patent for MS drug Tecfidera
Intellectual Property 2021-08-10 5:02 pm By Miklos Bolza

Swiss pharmaceutical company Biogen has filed another lawsuit accusing an Australian generic drug manufacturer of infringing the patent for its blockbuster multiple sclerosis drug Tecfidera.

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Judge won’t allow Ampol on site to rebrand Caltex stores
Intellectual Property 2021-08-10 6:46 pm By Cindy Cameronne

Service station giant Ampol has lost its bid to force petrol station chain EG Fuel Co to allow it access to 87 Caltex sites so they can be rebranded to Ampol stations, with a judge finding it would cause EG “obvious disruption”.

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Westpac’s $30M insurance class action settlement wins court approval
Class Actions 2021-08-09 8:42 pm By Miklos Bolza

The Federal Court has given the greenlight to a $30 million settlement in Shine Lawyers’ insurance class action against Westpac and will allow post-settlement registration notices to be sent to group members.

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Court cuts silk’s fees in Westpac class action
Class Actions 2021-08-09 3:23 pm By Miklos Bolza

The former senior counsel in a settled insurance class action against Westpac has had his fees reduced by $70,000 after the Federal Court heard some of the work for which he charged was not done in the interests of group members.

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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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IOOF may face new misconduct allegations in shareholder class action
Class Actions 2021-08-09 10:20 pm By Bianca Hrovat

The applicant in a shareholder class action against IOOF wants to add ten new misconduct allegations, including that a relative of a former executive made $69,000 by offloading shares.

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TerraCom files court action to keep PwC report from ASIC investigators
Energy & Natural Resources 2021-08-09 2:08 pm By Christine Caulfield

Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to “serious allegations” by a former employee over the falsification of coal quality results.

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