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Ex-Titan head must provide evidence in insulation class action
Class Actions 2018-06-21 9:20 pm By Cat Fredenburgh

A judge has ruled the former head of Titan Industries must provide evidence in the class action trial over the Rudd Government’s cancellation of a program that subsidised home insulation installations, saying there was no proof his testimony could be used to bring a criminal case or reopen a coronial inquest into the death of a Titan contractor.

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Hilton to go another round over ‘Waldorf’ trade mark
Justice Stephen Burley 2018-06-21 11:31 am By Cat Fredenburgh

A serviced apartments provider wants to appeal a ruling that blocked it from trade marking the phrase “Waldorf Apartment” after Hilton Worldwide — which owns New York’s iconic Waldorf Astoria hotel – opposed the move.

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CBA’s $25M rate-rigging settlement gets court OK
Financial Services 2018-06-21 10:58 am By Christine Caulfield

The Federal Court has approved Commonwealth Bank’s $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate.

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Toys ‘R’ Us to close after administrators fail to find buyer
Restructuring & Insolvency 2018-06-20 10:56 pm By Christine Caulfield

Toys ‘R’ Us Australia will wind down after all potential buyers pulled out of purchasing the failed toy retailer, administrators said Wednesday.

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Popular baby wash maker fined over “organic” claims
Consumer Goods 2018-06-20 10:32 pm By Cat Fredenburgh

A popular maker of baby skin products has been fined by the ACCC for claiming its products are organic even though they contain synthetic chemicals.

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#MeToo inspires workplace sexual harassment inquiry
Employment 2018-06-20 6:04 pm By Miklos Bolza

The Australian Human Rights Commission has launched a 12-month investigation into workplace sexual harassment, the first of its kind birthed from the growing #MeToo movement.

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CBA’s $700M AUSTRAC settlement gets court OK
Financial Services 2018-06-20 5:56 pm By Miklos Bolza

A Federal Court judge has signed off on a $700 million settlement between AUSTRAC and Commonwealth Bank of Australia for violating anti-money laundering and counter-terrorism financing laws, saying the penalty showed the court’s “strong disapproval” of the bank’s actions.

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Food delivery startup loses bid to patent ordering method
Intellectual Property 2018-06-20 5:45 pm By Cat Fredenburgh

A startup that provides company-branded mobile ordering services for the hospitality industry has lost a bid to patent a method for placing orders at a restaurant.

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Trustee settles class action over LKM Capital collapse
Class Actions 2018-06-20 3:36 pm By Christine Caulfield

The trustee for collapsed investment group LKM Capital has reached a settlement in a class action brought on behalf of hundreds of investors who sunk $63 million into the failed firm.

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Alinta Energy to refund customers over misleading ads
Competition & Consumer Protection 2018-06-20 11:46 am By Cat Fredenburgh

Alinta Energy has agreed to compensate consumers after making misleading comparisons to competitors’ electricity rates in its advertisements.

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