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ASIC pans Wagyu and shiraz ‘thought experiments’ in Westpac home loan appeal
ASIC has criticised a Federal Court judge for his 'thought experiments' around prospective home loan applicants feasting on Wagyu beef and shiraz, as the regulator challenges the judge's dismissal of its responsible lending case against Westpac.
Geowash execs appeal loss in ACCC case
Two Geowash executives have appealed a ruling that found they were knowingly involved in the car wash franchisor's unconscionable conduct in its dealings with franchisees.
‘Negligent’ insurance broker must pay client’s copyright settlement with Microsoft
An insurance broker breached its duties to a software company and must cover the costs of a settlement it reached with Microsoft for copyright infringement, a court has found. 
Spain ordered to pay $375M in arbitration dispute
The Kingdom of Spain must pay $375 million after it failed in its bid to claim sovereign immunity from the enforcement of two foreign arbitration awards related to renewable energy investments.
No harm, no foul? Full Court weighs ACCC challenge to flushable wipes ruling
The ACCC claims it was not required to prove Kimberly-Clark's flushable wipes caused actual harm to sewers, as it challenges a ruling that disposed of its consumer law case against the personal care giant.
TAL refutes ASIC claims, stands by denial of coverage for cancer patient
Life insurer TAL has stood by its decision to deny coverage to a cancer patient, which landed it in hot with the Australian Securities and Investments Commission, saying it would not have issued the policy had it known the patient saw a psychologist on several occasions.
New shareholder class action against IOOF alleges extensive misconduct
Financial services provider IOOF may have beaten back regulatory action, but it still faces the wrath of shareholders, with a new class action claiming the firm engaged in corporate misconduct that includes insider trading, front running and breaches of trustee duties.
Westpac slams Shine’s ‘sales pitch’ in class action opt out notice
Westpac has criticised Shine Lawyers for allegedly turning a registration and opt out notice to class action members into a 'sales pitch' designed to book-build for the firm, saying the High Court's recent common fund ruling forbade approval of anything designed to boost the commercial viability of a case.
Coles faces potential class action over $20M in staff underpayments
Supermarket giant Coles may be hit with a class action after it was revealed on Tuesday that the company owes staff in its supermarket and liquor businesses at least $20 million in pay.
No end in sight for epic Queensland floods class action
Dam operator Seqwater will appeal its loss in a long-running class action over the 2011 Queensland floods that destroyed over 2,000 homes, a move derided by the lawyer for the flood victims, who called for "an end to the injustice" her clients have suffered.