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Sushi Bay cops $15M penalty for ‘shameless’ bid to conceal underpayments
Employment 2024-08-05 11:33 pm By Andy Sidler

Now-defunct sushi chain Sushi Bay has been slapped with penalties totalling more than $15 million, with a court calling its long history of staff underpayments “calculated” and “audacious”.

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Mount Pleasant coal mine engineers have partial win over CEO statement on eve of $270M trial
Energy & Natural Resources 2024-08-05 11:03 pm By Andy Sidler

G&S Engineering and its parent company, DRA Global, can redact what a court has found is privileged information provided in a witness statement by a former top executive, in the latest interlocutory stoush ahead of trial in a high stakes dispute with MACH Energy.

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Judge approves $8.25M settlement in class action against PwC over bond prospectus
Class Actions 2024-08-02 10:56 pm By Andy Sidler

A judge has approved a $8.25 million settlement in a class action against PricewaterhouseCoopers brought by Axsesstoday bondholders over an allegedly misleading bond prospectus.

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Retired NRL player Ethan Lowe loses $1M battle with league’s insurer
Insurance 2024-08-02 11:19 pm By Andy Sidler

A court has found that the NRL’s insurance policy with Lloyd’s of London does not cover former South Sydney Rabbitohs star Ethan Lowe for the devastating injury he suffered during a State of Origin match four years ago, dismissing the retired rugby player’s $1 million lawsuit. 

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Solicitors can’t be targets of investigation into paralegals doing legal work, court finds
Legal Ethics 2024-08-01 11:29 pm By Andy Sidler

The Legal Practice Board’s decision to audit lawyers at a compensation firm following a complaint about paralegals allegedly engaging in unqualified legal practice has been quashed, with a court finding the law didn’t permit investigation of individual solicitors.

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ACCC approves Louis Dreyfus’ proposed acquisition of Namoi Cotton
Competition & Consumer Protection 2024-08-01 11:31 pm By Andy Sidler

The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.

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Wealth guru Dominique Grubisa hit with 18-month ban
Financial Services 2024-07-31 11:04 pm By Andy Sidler

Sydney-based wealth guru Dominique Grubisa has been banned from managing corporations for 18 months after an ASIC investigation found two companies she managed owed more than $300,000 to creditors.

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Cloud banking provider Temenos can access legal advice in credit union’s case
Competition & Consumer Protection 2024-07-31 10:21 pm By Andy Sidler

Swiss fintech Temenos has partially won its bid to view legal advice received by the Northern Inland Credit Union in a lawsuit alleging the cloud banking provider made misleading representations during negotiations for the installation of a new core banking system.

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Jailed advisor Roger Munro loses appeal after failed bid to withdraw plea
Financial Services 2024-07-31 11:42 pm By Andy Sidler

The Queensland Court of Appeal has knocked back a challenge by jailed investment guru Dr Roger Munro to his conviction on three counts of fraud, which landed him a four-and-a-half month prison sentence.

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Wellness firm Doll House cops penalty for sham contracting
Employment 2024-07-30 11:02 pm By Andy Sidler

Bondi wellness research company Doll House has copped a $197,000 penalty for terminating three disabled employees and re-engaging them as independent contractors in a ‘sham’ contracting arrangement.

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