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AMP denies committing a crime, defends Clayton Utz report
Financial Services 2018-05-04 2:30 pm By Christine Caulfield

AMP has shot back at Royal Commission findings that it committed a criminal offence over its fees-for-no-service scandal and has defended a report prepared by law firm Clayton Utz over the issue.

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MyBudget skimmed interest off hard-up customers, court hears
Class Actions 2018-05-03 10:40 pm By Miklos Bolza

MyBudget has exploited tens of thousands of customers already in financial difficulty and owes them interest on money they entrusted to the debt management company, the federal Court heard at the end of a two-day class action hearing Thursday. 

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Air New Zealand to face the music in cartel case
Competition & Consumer Protection 2018-05-03 9:42 pm By Miklos Bolza

The long awaited second phase in the Australian Competition and Consumer Commission’s cartel proceedings against Air New Zealand has been set down for June 27, one year after the High Court ruled the airline had breached Australia’s competition law.

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J&J hits back at expanded pelvic mesh class
Class Actions 2018-05-03 5:06 pm By Cat Fredenburgh

Johnson & Johnson has struck back at an amended statement of claim filed in a class action over allegedly defective pelvic mesh, saying that lead applicants’ claims do not meet the bar to proceed as a class action.

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Network Ten’s stake in TXA must go to rivals for $1, court orders
Media 2018-05-02 9:23 pm By Miklos Bolza

Network Ten will be forced to transfer the entirety of its shares in joint venture TX Australia to rival free-to-air networks Seven West Media and Nine Entertainment for a paltry $1, following a court ruling Tuesday.

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Wheelie bin battle rolls into damages phase
Intellectual Property 2018-05-01 11:46 pm By Miklos Bolza

Wheelie bin maker Mastec Australia needs a broad range of evidence to calculate the damages resulting from the misuse of its bin designs by rival Trident Plastics, a court heard Monday.

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Funder feud could force Bannister Law off Ford class action
Class Actions 2018-05-01 10:57 pm By Miklos Bolza

A dispute with litigation funder Martin Place Litigation Services has cast doubt over whether Bannister Law can continue to lead a massive class action against Ford, the Federal Court heard Tuesday.

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Judge oks brother’s suit against LiveTiles CEO Karl Redenbach
Corporate 2018-05-01 10:34 pm By Cat Fredenburgh

The founder of Microsoft solutions provider nSynergy has been given the greenlight to bring a derivative suit against his brother and co-founder Karl Redenbach, alleging Redenbach diverted tens of millions of dollars in nSynergy’s assets — including software company LiveTiles.

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Ultra Tune’s misleading conduct “egregious”, ACCC tells court
Competition & Consumer Protection 2018-05-01 10:24 pm By Miklos Bolza

Ultra Tune was “cavalier and careless” in its attitude towards its franchisees, the ACCC told the Federal Court Tuesday at the start of a four-day hearing in a case alleging the national car repair business failed to comply with the Franchising Code and breached the Australian Consumer Law. 

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Maurice Blackburn to lead consolidated Sirtex class actions
Class Actions 2018-05-01 3:25 pm By Christine Caulfield

A judge on Tuesday consolidated two shareholder class actions against life sciences company Sirtex Medical and appointed Maurice Blackburn as lead lawyers for the joint proceedings.

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