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$1M penalty against NQ Cranes over cartel agreement gets court’s OK
Competition & Consumer Protection 2022-11-23 5:20 pm By Cat Fredenburgh

A judge has approved a $1 million penalty against Queensland crane company NQ Cranes for engaging in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Class action targets Mercedes-Benz over diesel emissions cheating
Automotive 2022-11-22 8:58 am By Christine Caulfield

Mercedes-Benz is the latest car maker to face a class action in Australia over alleged defeat devices designed to manipulate the results of regulatory diesel emissions testing.

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PwC partner sued over alleged involvement in husband’s $3.3M fraud scheme
PwC 2022-11-22 10:02 pm By Sam Matthews

A PricewaterhouseCoopers partner has been taken to court over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer to bankroll the coupleā€™s lavish lifestyle, which included a $200,000 Porsche and extensive renovations to their Sydney home.

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Class action woes mount for Toyota unit Hino over emissions cheating
Class Actions 2022-11-22 9:29 am By Christine Caulfield

Already facing one Australian class action for cheating on diesel emissions tests, Toyota unit Hino is the subject of a fresh class action probe announced Tuesday.

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Westpac opposes ‘premature’ notice of $126M class action settlement
Class Actions 2022-11-22 2:19 pm By Sam Matthews

Westpac has objected to several proposed notices going out to group members in a class action over ā€˜junkā€™ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.

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ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
Insurance 2022-11-22 10:45 pm By Cindy Cameronne

ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.

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Maker of AFL merchandise sues US retail giant for trade mark infringement
Intellectual Property 2022-11-22 4:32 pm By Sam Matthews

Australian sports tour company FanFirm has sued US sports merchandise giant Fanatics alleging ā€˜flagrantā€™ infringement of its trade marks.

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Settlement in Montara oil spill class action revealed to be worth $192.5M
Class Actions 2022-11-21 11:39 pm By Cat Fredenburgh

In one of the year’s biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.

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Battle to lead Blue Sky shareholder class action is on
Class Actions 2022-11-21 3:28 am By Cat Fredenburgh

The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.

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ā€˜Not innocentā€™: Boart Longyear can’t avoid tool recall in patent infringement spat
Intellectual Property 2022-11-21 9:28 pm By Cindy Cameronne

Mineral exploration company Boart Longyear has been granted leave to appeal a finding that it infringed a patent for a mining tool, but it can’t avoid a recall of its tools, with a judge saying its actions were ā€œnot uninformed or innocentā€.

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