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Kraft can stay in peanut butter game while it appeals trade dress loss to Bega
Appeals June 17, 2019 9:56 pm By Cat Fredenburgh

The judge overseeing a dispute between Kraft and Bega over peanut butter trade dress rights has stayed orders barring Kraft from selling peanut butter in […]

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Ernst & Young strikes back in Quintis class action
Class Actions June 14, 2019 9:42 pm By Cat Fredenburgh

Ernst & Young, which has been named in a class action over its auditing of sandalwood producer Quintis, has filed cross-claims alleging Quintis should pick up the tab for any liability it may face in the proceedings.

AIG loses appeal over insolvency exclusion in Kaboko Mining D&O policy
Insurance June 14, 2019 9:13 pm By Cat Fredenburgh

AIG Australia has failed to convince the Full Federal Court that an insolvency exclusion in a directors and officers policy held by Kaboko Mining should exempt it from covering claims brought by the collapsed mining company against four former executives after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.

ANZ to fully repay fees for no service customers after ASIC says partial payments won’t cut it
Financial Services June 14, 2019 11:04 pm By Cat Fredenburgh

ANZ Bank will repay in full customers who were charged fees for no service after the corporate regulator pulled the bank up on its practice […]

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ACCC rejects Meredith Dairy resale price maintenance plan
Competition & Consumer Protection June 14, 2019 2:50 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has rejected a resale price maintenance plan by Meredith Dairy that would block resellers from selling its goat cheese […]

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ACCC raises competition concerns about Landmark’s $469M bid for Ruralco
Competition & Consumer Protection June 13, 2019 12:14 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised competition concerns about rural supply giant Landmark’s proposed $469 million takeover of competitor Ruralco, a move that […]

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AUSTRAC orders external audit of Afterpay over money laundering compliance
Financial Services June 13, 2019 1:21 pm By Cat Fredenburgh

AUSTRAC has ordered buy now, pay later giant Afterpay to appoint an independent auditor to oversee its compliance with anti-money laundering laws. The move by […]

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NAB may face beefed up class action over ‘worthless’ insurance
Class Actions June 12, 2019 3:55 pm By Cat Fredenburgh

Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of “worthless” credit card insurance to include […]

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ACCC too late to alter Pacific National undertaking, judge says
Competition & Consumer Protection June 12, 2019 11:32 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has come up short again in its challenge to Pacific National’s $205 million acquisition of competitor Aurizon’s Queensland freight […]

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ACCC to seek $4M in refunds for Jump! swim school franchisees
Competition & Consumer Protection June 11, 2019 11:03 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will seek more than $4 million in refunds plus penalties when it takes the troubled operator of the Jump! […]

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