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ACCC may ground Virgin, Alliance Airlines charter agreement
Competition & Consumer Protection 2022-10-21 4:02 pm By Cindy Cameronne

The Australian Competition and Consumer Commission is currently “not satisfied” that the public benefits from allowing Virgin and Alliance to continue to cooperate in markets for fly-in fly-out customers will outweigh its competition concerns. 

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Light rail class action trial could be derailed by ‘last-minute’ amendments
Trials 2022-10-20 4:21 pm By Cindy Cameronne

A trial set to start next week in a class action over Sydney’s $3 billion delayed light rail could be pushed off until next year as the parties clash over an eleventh hour bid by the applicant to amend the case.

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Bingo Industries’ former CEO pleads guilty to price fixing
Competition & Consumer Protection 2022-10-20 11:31 am By Sam Matthews

The former managing director and CEO of Bingo Industries has pleaded guilty to aiding and abetting the waste company in fixing prices for demolition waste services in Sydney.

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Criminals accessed Medibank customer data
Privacy & Cybersecurity 2022-10-20 3:53 pm By Cat Fredenburgh

A criminal has accessed sensitive Medibank customer data, including claims information, following a recent cyberattack.

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ACCC raises competition concerns over NSW Forestry’s Hume Forests deal
Competition & Consumer Protection 2022-10-20 4:35 pm By Cindy Cameronne

The ACCC has expressed concerns that Forestry Corporation of NSW’s proposed acquisition of Hume Forests could lead to price increases in regional areas by removing a significant competitor in the softwood market. 

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High Court won’t hear appeal in spat with law firm over $24.5M Melbourne development
Legal Ethics 2022-10-20 10:53 pm By Cat Fredenburgh

The High Court has declined special leave to a former Rigby Cooke client who unsuccessfully challenged the law firm’s win in a dispute over a $24.5 million East Melbourne development.

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Law firm gets $14.5M in fees, after judge trashes ‘distorted’ referee’s report in Woolworths class action
Class Actions 2022-10-19 3:39 pm By Sam Matthews

The law firm that secured a $44.5 million settlement in a class action against Woolworths has won its full $14.5 million in costs, with a judge tossing the report of the referee he appointed to examine the fees, which he said appeared double what they should be.

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High Court hears case that could upend insolvency law at critical moment
Restructuring & Insolvency 2022-10-19 4:43 pm By Cindy Cameronne

Insolvency practitioners are holding their breath as the High Court hears a case that could abolish a key rule used by liquidators in recouping payments to unsecured creditors at a time when the industry is bracing for a possible recession.

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Ansell faces class action investigation over profit downgrade
COVID-19 2022-10-19 2:59 pm By Cat Fredenburgh

Medical glove maker Ansell is facing a shareholder class action investigation over a January earnings downgrade that sent the company’s share price plummeting.

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Class actions against BMW, Mercedes Benz ‘imminent’
Class Actions 2022-10-19 11:05 pm By Cat Fredenburgh

Luxury car makers BMW and Mercedes-Benz are facing separate $100 million class actions over the alleged use of cheat devices on emissions tests.

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