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TransUrban pushes on with WestConnex bid despite ACCC delay
Competition & Consumer Protection 2018-07-23 10:59 pm By Cat Fredenburgh

TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.

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Sony, Universal, Warner Music join case against Copyright Tribunal
Intellectual Property 2018-07-23 9:50 pm By Miklos Bolza

Entertainment industry titans Sony Music Entertainment, Universal Music and Warner Music have joined an appeal to the Full Federal Court challenging a licence granted by the Copyright Tribunal of Australia to Foxtel for the rights to certain yet-to-be-broadcast content and streaming rights.

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Former Healthe Care exec charged with insider trading
White Collar 2018-07-23 5:42 pm By Cat Fredenburgh

A former executive of hospital operatorĀ Healthe Care Pty has been charged with three counts of insider trading, the Australian Securities and Investments Commission said Monday.

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Self-reflective ANZ financial advisor’s life-long ban set aside
Financial Services 2018-07-23 3:42 pm By Cat Fredenburgh

A tribunal has set aside a life-long ban of a successful former ANZ financial advisor accused by ASIC of lying about his qualifications, saying the advisor’s “insight into his own behavior” had changed.

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Re/Max, Resimax close to settling trade mark suit, judge told
Intellectual Property 2018-07-23 2:43 pm By Cat Fredenburgh

International real estate franchisor Re/Max is close to settling a trade mark case it brought against competitor Resimax, a Federal Court judge has heard.

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Daiso fined $355,000 for selling dangerous toys
Competition & Consumer Protection 2018-07-23 12:11 pm By Christine Caulfield

Japanese retail store Daiso has been fined $355,000 for selling dangerous products, including projectile toys, that did not comply with Australian safety standards.

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Macquarie Bank faces 3rd wage suit by financial advisers
Employment 2018-07-23 9:00 am By Christine Caulfield

Macquarie Bank has been hit with a third lawsuit by financial advisers alleging the bank broke the law by paying them solely in commissions, this one by a dozen Brisbane-based advisers seeking more than $3.25 million in regular wages.

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ACCC raises red flags over proposed copyright reform
Intellectual Property 2018-07-20 1:29 pm By Miklos Bolza

The Australian Competition and Consumer Commission has accepted the need for expanded fair use copyright exemptions but warned applying one of the existing fairness factors more broadly could hinder innovation and increase investment costs.

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Kalus Kenny Intelex dodges contempt charges in ASIC case
White Collar 2018-07-19 10:22 pm By Christine Caulfield

Boutique law firm Kalus Kenny Intelex has escaped contempt of court charges sought by the corporate watchdog alleging it breached orders freezing the assets of clients allegedly involved in a binary options scam.

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Radio Rentals class slammed for delaying proceedings
Class Actions 2018-07-19 9:04 pm By Miklos Bolza

A barrister representing Radio Rentals in a class action alleging its rental practices violated responsible lending laws has told a Federal Court judge that repeated delays by the Maurice Blackburn-led class could damage the company.Ā 

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