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Commonwealth Bank denies Austrac money laundering claims
Financial Services 2018-02-23 8:14 pm By Christine Caulfield

The Commonwealth Bank of Australia on Friday pushed back against the majority of expanded claims brought by the anti-money laundering regulator and denied all allegations in the related class action.

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Linfox workers can’t halt Fair Work case, court says
Employment 2018-02-22 8:49 pm By Christine Caulfield

A group of Linfox workers in Victoria has lost their bid to put a Fair Work appeal on ice while they challenge a commissioner’s ruling that found in favor of the logistics giant in a dispute over their jobs.

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Norton Rose dispute with ex-partner heads to mediation
Employment 2018-02-22 8:09 pm By Cat Fredenburgh

A bitter court battle over the firing of a Norton Rose Fulbright employment partner in which the firm admitted it retroactively signed and dated a court document will soon head to mediation.

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Sanofi wins challenge to Reckitt-Benckiser lozenge patent
Intellectual Property 2018-02-22 7:58 pm By Cat Fredenburgh

The Australian Patent Office has shot down a patent application covering throat lozenges by consumer goods giant Reckitt-Benckiser on a challenge by rival Sanofi-Aventis.

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GetSwift hit with $300M shareholder class action
Class Actions 2018-02-21 8:56 pm By Cat Fredenburgh

Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.

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Slater & Gordon slams letter in union merger bid
Employment 2018-02-21 8:54 pm By Cat Fredenburgh

A Slater and Gordon lawyer representing three unions seeking Fair Work Commission approval for a proposed tie-up, has slammed an “urgent” email from counsel at Herbert Smith Freehills claiming a newly discovered contempt matter involving one of the deal’s applicants should bar approval of the deal.

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Toll Global fined $75K in EPA action
Environment 2018-02-21 8:51 pm By Cat Fredenburgh

Toll Global has been fined $75,000 after pleading guilty to transporting over 16,000 kilograms of expandable and flammable polymer beads by truck.

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Fitbit trademark suit should move to SA, billionaire says
Intellectual Property 2018-02-20 7:34 pm By Cat Fredenburgh

A Fitbit suit challenging two trademarks owned by South Australian convenience store king Yasser Shahin should be moved to South Australia, Shahin has told a court.

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S&P settles Lifeplan class action over CDOs ratings
Class Actions 2018-02-20 12:39 pm By Cat Fredenburgh

S&P Global Ratings has reached a settlement in an Australian class action by investors who bought toxic products rated healthy by the U.S. credit reporting agency ahead of the global financial crisis, a deal that includes over $4.6 million in legal fees.

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Full court to hear Prysmian appeal next week
Competition & Consumer Protection 2018-02-20 9:43 am By Cat Fredenburgh

The Full Federal Court will hear arguments Monday from Prysmian Cavi E Sistemi that a $3.5 million fine handed down in a case brought by Australia’s competition regulator for alleged cartel conduct should be tossed out.

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