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Westpac settles class action over alleged Ponzi scheme
Class Actions 2019-06-12 8:18 pm By Miklos Bolza

Banking giant Westpac has settled an investor class action brought by Levitt Robinson for its alleged role in an unregistered managed investment scheme.

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NAB may face beefed up class action over ‘worthless’ insurance
Class Actions 2019-06-12 3:55 pm By Cat Fredenburgh

Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of “worthless” credit card insurance to include personal loan customers who were sold allegedly unsuitable insurance policies.

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Bannister Law founder facing subpoena in NSW ambulance privacy class action
Class Actions 2019-06-12 1:50 pm By Miklos Bolza

A class action against the NSW government over a contractor who sold the personal details of 130 ambulance workers to personal injury law firms has flagged it may subpoena the founder and principal of Bannister Law, which purchased the confidential information.

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Maurice Blackburn denies infringing State Street IP with Fearless Girl replica
Intellectual Property 2019-06-12 1:31 pm By Christine Caulfield

Maurice Blackburn has hit back at a lawsuit by State Street Global Advisors over the law firm’s use of a replica of its Fearless Girl statue, denying it has infringed the asset manager’s intellectual property.

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Shine, Slater & Gordon dismiss speculation of merger
Business of Law 2019-06-11 11:58 pm By Christine Caulfield

Shine Lawyers and Slater & Gordon on Tuesday denied media reports that the two law firms were in merger talks or that there were any imminent plans for a union.

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In win for class, judge says promises in McMillan Shakespeare unit’s warranties were illusory
Class Actions 2019-06-11 11:13 pm By Cat Fredenburgh

Promises to pay out claims under vehicle warranties issued by a unit of car leasing giant McMillan Shakespeare were illusory because of a clause that gave the company “manifestly sweeping” discretion to reject any claim, a judge has ruled, in a victory for a class action over the allegedly worthless financial products.

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Settlement reached in recycling plant fire class action
Class Actions 2019-06-11 10:42 pm By Cat Fredenburgh

A settlement has been reached in a class action brought on behalf of individuals and businesses that allegedly suffered loss or injury from a 2017 fire at the Coolaroo recycling plant in Victoria.

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ASIC loses market manipulation case against NAB contractor Whitebox
Securities 2019-06-11 4:37 pm By Miklos Bolza

The Australian Securities and Investments Commission has lost its market manipulation action against Whitebox Trading and its director Johannes Boshoff, with the court finding it was “practically impossible” that any of the trades at the centre of the case were made for an illegitimate purpose.

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Copyright Tribunal overstepped with amended Foxtel licence, says Full Court
Intellectual Property 2019-06-11 3:08 pm By Miklos Bolza

The Copyright Tribunal erred by including rights in a reissued Foxtel licence agreement that fell outside the authority of the licence grant holder, the Phonographic Performance Company of Australia, the Full Federal Court has found.

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NSW Ports weighs stay bid in competition case as it battles similar ACCC proceedings
Competition & Consumer Protection 2019-06-11 2:31 pm By Miklos Bolza

A second competition lawsuit brought against NSW Ports could be stayed or consolidated with a case launched by the competition regulator over an agreement to privatise Port Botany and Port Kembla, a court heard Tuesday.

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