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ANZ says prosecutors dragging feet in criminal cartel case
Competition & Consumer Protection 2018-10-09 1:29 pm By Miklos Bolza

The Australia and New Zealand Banking Group told the court on Tuesday that it urgently needs a statement of facts, during the first hearing in the highly anticipated criminal cartel case against three investment banks.

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Mt Victoria bushfire class seeks to amend pleading on first day of trial
Class Actions 2018-10-08 11:12 pm By Miklos Bolza

The lawyers leading a class action seeking damages from electrical distributor Endeavour Energy over the 2013 Mt Victoria bushfires have made a bid to amend the pleadings as the six-week kicked off Monday in the NSW Supreme Court.

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MyBudget denied costs in ‘public interest’ class action
Class Actions 2018-10-08 10:48 pm By Cat Fredenburgh

A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.

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Ponzi schemer’s co. to face claims in Westpac class action
Class Actions 2018-10-08 8:28 pm By Cat Fredenburgh

A Federal Court judge has allowed the plaintiffs in a class action alleging a unit of Westpac failed to detect the fraud of convicted Ponzi schemer Michael Samra to proceed with their claims against Samra’s defunct company.

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HarperCollins can’t duck deep sleep defamation case
Defamation 2018-10-08 4:14 pm By Cat Fredenburgh

HarperCollins has lost its bid for summary dismissal of a defamation lawsuit brought against it by two psychiatrists at the centre of the deep sleep therapy scandal that rocked the medical world in the 1960s and 70s.

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Macmahon pays $6.7M to settle shareholder class action
Class Actions 2018-10-04 4:28 pm By Cat Fredenburgh

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.

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Settlement offer to bushfire class members misleading, judge finds
Class Actions 2018-10-03 10:17 pm By Cat Fredenburgh

A settlement offer promising swift payment that was sent to class members in a lawsuit against Powercor Australia over the 2018 St Patrick’s Day bushfires in Victoria was misleading, a judge has found.

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Gold Coast financial adviser loses defamation case over online comments
Defamation 2018-10-03 4:59 pm By Miklos Bolza

A Gold Coast-based derivatives trading firm has lost a defamation case against an online investment forum over critical comments warning potential investors against using the company.

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Fortescue unit can eyeball Squire Patton Boggs emails in power contract dispute
Energy & Natural Resources 2018-10-03 3:51 pm By Miklos Bolza

A unit of Fortescue Metals Group has won its bid for emails between Squire Patton Boggs  and a unit of electricity provider TransAlta Energy relating to a disputed power purchase agreement, saying privilege was waived when the emails were forwarded to a third party.

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Melbourne cafe fined $185K for playing unlicenced music
Intellectual Property 2018-10-03 3:43 pm By Miklos Bolza

A Melbourne cafe embroiled in a Fair Work battle over alleged staff underpayments has now been hit with a $185,000 fine for copyright infringement in a separate case brought against it by the Phonographic Performance Company of Australia.

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