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Sacked ANZ trader largely loses bid to amend case after 11 iterations
Employment 2025-01-17 11:39 pm By Cindy Cameronne

A former ANZ trader who was allegedly axed after complaining about manipulation of the bank bill swap rate has largely lost his application to amend his case.

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Judge takes red pen to Destec trade secrets case against MinRes employee
Intellectual Property 2025-01-16 11:16 pm By Cindy Cameronne

A judge has struck out engineering firm Destec’s claim that an ex-director used confidential information in developing an ore transport system for MinRes, but has given it a chance to replead.

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G8 Education on hook for ex-chair’s criminal defence costs
Trials 2025-01-14 11:08 pm By Julia Kanapathippillai

A court has ordered ASX-listed childcare company G8 Education to advance the legal costs of its embattled former chair, Jennifer Hutson, who faces a criminal trial next month.

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Construction PRO
Yuanda settles claims ex-director diverted Lendlease project to competitor
Construction 2025-01-15 11:56 pm By Cindy Cameronne

Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global. 

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Construction PRO
Ho Bee Land lodges $390M takeover offer for AVJennings
Construction 2025-01-15 11:34 pm By Julia Kanapathippillai

A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.

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‘In all circumstances unconscionable’: ASIC wins case against forex broker
Judgment 2024-12-20 5:55 pm By Cindy Cameronne

A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.

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Viva Energy’s proposed acquisition of LOC Global gets ACCC’s OK
Energy & Natural Resources 2024-12-12 4:27 pm By Julia Kanapathippillai

Viva Energy has been given the all-clear by the ACCC to acquire the remaining 50 per cent share of LOC Global after agreeing to sell 14 service stations to Solo Oil.

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Herbert Smith Freehills issues apology over partner’s ‘deeply offensive’ tweet
Business of Law 2024-12-10 1:49 pm By Andy Sidler

A Herbert Smith Freehills mergers and acquisitions partner faces an internal investigation over a tweet aimed at Arnold Bloch Leibler partner Jeremy Leibler.

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NAB super trustee free to use $165M fees ‘as it saw fit’, class action judge says
Class Actions 2024-12-03 4:32 pm By Cindy Cameronne

In the latest class action loss, a judge has said that $165 million in fees charged to members by NAB super fund trustee NULIS Nominees was corporate revenue “with which it was free to deal as it saw fit”.

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Aurizon’s Flinders Logistics buy wins ACCC nod after deal restructure
Corporate 2024-11-28 11:31 pm By Christine Caulfield

Rail freight operator Aurizon has secured ACCC clearance for its proposed acquisition of stevedoring business Flinders Logistics after restructuring the deal.

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