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Lendlease loses bid for separate hearing in Acciona dispute over $160M deal
A judge has ruled he will not consider a separate question on whether Acciona is barred from setting off any damages payable to Lendlease in a lawsuit over the $160 million sale of its engineering business.
Romeo’s to pay $1.55M to employees in class action settlement
Romeo's will pay $1.55 million to registered group members as part of a settlement of two class actions alleging the supermarket chain underpaid staff.
NAB super class action won’t get decision on damages at initial trial
The applicant in a class action against NAB superannuation trustee NULIS has lost his bid to have a judge determine aggregate damages at an initial trial.
a2 Milk wins trade mark ruling after IP Australia left ‘legitimate uncertainty’
A judge has allowed two a2 Milk trade marks to proceed to registration despite "legitimate uncertainty" created by IP Australia in a long-running intellectual property spat with competitor Lion Dairy & Drinks.
ACCC trying to ‘fit a square peg into a round hole’ with bank cartel case, court hears
The ACCC has been accused of running a "experimental test case" that tries to fit the shares market within the scope of the Competition and Consumer Act with its criminal cartel case against Citigroup, Deutsche Bank and several prominent banking executives over a $2.5 billion ANZ share placement.
Full Court to weigh in on class closure in Boral class action
The Full Court is set to examine whether the Federal Court has the power to make class closure orders prior to mediation, weighing on one of the biggest unanswered questions vexing the class action regime.
Court tosses appeal of $1.96M judgment awarded to cryptocurrency trader
An appeals court has thrown out a challenge to a judgment awarding a cryptocurrency trader $1.96 million in cash and a property purchased for $1.5 million over a deal with a convicted fraudster involving "millions of dollars of cash in bags and suitcases".
WiseTech reaches settlement in freight forwarder’s restraint of trade case
Freight forwarding company Mondiale has dropped its court action against WiseTech Global alleging the logistics firm breached competition law by misusing its substantial market power.
Training college AIPE hit with record $153M penalty for ‘unconscionable’ enrolment system
Collapsed NSW training company Australian Institute of Professional Education has been slugged with a $153 million penalty, the highest ever fine in a consumer law case, after the Federal Court found the school targeted vulnerable students through an "unconscionable" enrolment system.
‘Don’t panic’: JPMorgan boss tried to allay bank exec’s fears over shortfall, court told
JPMorgan Australia chairman Rob Priestley told Citigroup and Deutsche Bank executives not to “panic” about picking up a shortfall in the sale of ANZ shares, a court has heard in the ACCC’s criminal cartel case over a $2.5 billion ANZ share placement.