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Businesses to face steep penalties for failing to block scams
Policy and Regulation 2023-11-30 4:17 pm By Cat Fredenburgh

The Albanese Government has floated a new regulatory framework under which businesses would face steep penalties for failing to do their part to prevent scams.

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Solicitors’ CFO question in Blue Sky class action sent to Full Court
Class Actions 2023-11-29 11:38 pm By Christine Caulfield

Weeks after giving the thumbs up to common fund orders at settlement, the Full Federal Court has been asked to decide whether judges have power to order payment of a commission to class action solicitors — not just funders.

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Ben Roberts-Smith hit with indemnity costs for failed defamation case
Defamation 2023-11-28 5:30 pm By Cat Fredenburgh

Ben Roberts-Smith has been hit with indemnity costs for his failed defamation case over articles accusing him of war crimes, with a judge agreeing with the publishers that the former SAS corporal knew the allegations were substantially true.

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ANZ faces shareholder litigation over climate risk management
Financial Services 2023-11-10 2:07 pm By Christine Caulfield

ANZ is facing proceedings by a shareholder who wants the bank to turn over documents related to its risk management systems in response to concerns it is increasing loans to fossil fuel companies and failing to properly address climate change risks.

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Viterra’s decade-long fight with Cargill ends at door of High Court
Competition & Consumer Protection 2023-11-09 11:55 pm By Christine Caulfield

Glencore-owned Viterra has failed in its bid for High Court leave to challenge a ruling in a 10-year battle with Cargill over the 2013 sale of malt producer Joe White, leaving the grain producer to fork over damages of almost $300 million.

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Class action investigation targets Exactech over implants
Product Liability 2023-11-08 2:53 pm By Christine Caulfield

An investigation is underway against US medical device maker Exactech on behalf of patients who allegedly received faulty hip, knee or ankle implants.

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Santos faces new court action by Tiwi islanders over Barossa gas project
Energy & Natural Resources 2023-10-31 11:31 pm By Christine Caulfield

A Tiwi Island traditional owner has brought fresh legal action against Santos, seeking to block the energy giant from building its Barossa gas export pipeline without a proper assessment of the risks to cultural heritage.

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Big four partner had ‘substantial role’ in tax avoidance schemes, ATO suit claims
Tax 2023-10-17 11:07 pm By Christine Caulfield

The Commissioner of Taxation is pursuing a former Big Four partner for allegedly promoting tax exploitation schemes for clients. But a fight has broken out in court over whether his identity — and the name of the accounting firm — should be suppressed.

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Top Dick Smith execs drop High Court appeal against receivers
Restructuring & Insolvency 2023-10-10 11:02 pm By Christine Caulfield

Two former Dick Smith executives have settled with the receivers of the defunct electronics retailer, dropping a High Court appeal over an $11.8 million ruling.

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Record-low GCO rate in Star class action not loss-leading pricing, judge says
Class Actions 2023-09-20 11:33 pm By Christine Caulfield

The winning, 14 per cent contingency fee proposal by Slater & Gordon in a fight to run a class action against Star Entertainment was not driven by a desire to prevail in the contest and buy market share but was the product of a “reasoned decision” that took into account the law firm’s practice as a whole, a judge has found.

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