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Lockdown didn’t trigger business interruption policy in COVID-19 test case, IAG tells court
Insurance 2021-09-06 10:05 pm By Christine Caulfield

Lockdown orders by the Victorian government and an international travel ban in place last year during the first wave of COVID-19 did not trigger a business interruption clause in an IAG policy at the centre of a test case brought by insurers, a judge heard Monday.

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Shareholders fail to prove loss from Babcock & Brown disclosure breaches
Financial Services 2021-09-06 11:49 am By Christine Caulfield

Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.

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Court to rule soon in Queensland floods class action appeal
Class Actions 2021-09-06 4:42 pm By Christine Caulfield

Dam operator Seqwater will find out this week if its decision not to settle with group members in a class action over the 2011 Queensland floods has paid off.

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Lawsuit settled over Tradie’s ‘Aussiest undies ever’ claim
Competition & Consumer Protection 2021-09-06 3:02 pm By Christine Caulfield

Men’s briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the ‘Aussiest undies ever’.

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Finish detergent wins injunction in Powerball trade mark case
Intellectual Property 2021-09-06 1:58 pm By Christine Caulfield

The makers of Finish dishwashing products has secured an injunction keeping rival Somat products branded with an allegedly infringing logo from supermarket shelves until the Federal Court decides a high-stakes trade mark battle.

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High Court asked to hear dismissal case of TechnologyOne exec
Employment 2021-09-06 12:58 pm By Christine Caulfield

A former senior executive of TechnologyOne wants the High Court to take up his unfair dismissal case after the software company won its challenge to his $5.2 million win.

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BlueScope meeting with rival steel distributors ‘potentially illegal’, exec tells court
Trials 2021-09-02 9:43 pm By Christine Caulfield

BlueScope Steel general manager Jason Ellis wanted no record kept of a meeting with four of the company’s competing steel distributors and warned his national sales manager to keep the talks under wraps, a court hearing the ACCC’s price-fixing case was told on Thursday.  

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Westpac settles case by senior exec who made whistleblower complaint to CEO
Employment 2021-09-02 3:41 pm By Christine Caulfield

Westpac has reached a settlement in a case brought by a former longtime employee and whistleblower who claimed the banking giant dismissed her in retaliation for complaints about its compliance failings.

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ASIC issues notices to Nuix as part of investigation
Corporate 2021-09-02 11:16 pm By Christine Caulfield

The Australian Securities and Investments Commission issued notices Thursday to Nuix seeking documents in its investigation of the troubled tech company.

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CBA faces climate change action over oil and gas project finance
Energy & Natural Resources 2021-09-01 10:18 pm By Christine Caulfield

The Commonwealth Bank of Australia faces shareholder action seeking records on its financing of gas and fossil fuel projects to ensure compliance with the bank’s environmental framework, the latest in the next frontier of litigation demanding climate change accountability.

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