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ASIC’s belated case against ex-Murray Goulburn execs survives, but judge says never again
ASIC October 4, 2019 10:05 pm By Christine Caulfield

A judge has refused a bid by two former Murray Goulburn executives to throw out a disqualification case brought by the Australian Securities and Investments […]

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After ASIC raises ire, judge sets down new rules for regulators in his court
ASIC October 4, 2019 10:46 pm By Christine Caulfield

ASIC and other government regulators bringing enforcement action in the docket of one Federal Court judge must abide by a strict new protocol to prevent […]

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NAB to set aside another $1.2B for post Hayne customer refunds
Financial Services October 2, 2019 9:24 pm By Christine Caulfield

National Australia Bank is setting aside a further $1.18 billion to compensate customers for dodgy adviser service fees, consumer credit insurance sales, and non-compliant advice. […]

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Liquidator of Ambient Advertising unit sues director after funding go-ahead from court
Restructuring & Insolvency October 1, 2019 8:55 pm By Christine Caulfield

The liquidator of a subsidiary of collapsed Ambient Advertising has launched legal proceedings against the company’s director after getting the all-clear from the Federal Court […]

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Union wants to intervene in university’s appeal over sacking of climate skeptic Peter Ridd
Employment September 30, 2019 2:42 pm By Christine Caulfield

The National Tertiary Education Union has asked a court for permission to intervene in support of fired physics professor and climate skeptic Peter Ridd as […]

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IOOF expects to appeal $80M plantation judgment after losing bid to lay blame on law firm
Financial Services September 30, 2019 10:17 pm By Christine Caulfield

IOOF says it expects to challenge a $80.6 million judgment against subsidiary Australian Executor Trustees over the sale of a timber plantation by the collapsed […]

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Jailed former E&Y exec loses challenge to restraining orders on $150M in assets
White Collar September 30, 2019 8:11 pm By Christine Caulfield

A former Ernst & Young principal jailed for at least nine years for his role in a $135 million tax fraud has lost a challenge […]

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Seiko wins general injunction against Calidad in ink cartridge patent case
Intellectual Property September 27, 2019 11:11 pm By Christine Caulfield

Imposing an injunction in general form against a patent infringer is not an undue burden in and of itself, the Full Federal Court has ruled […]

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ACCC calls for stronger changes to bank rules in response to Hayne report
Financial Services September 27, 2019 4:57 pm By Christine Caulfield

Proposals by Australia’s banks to revise its code of conduct in line with the recommendations of the banking royal commission don’t go far enough, the […]

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Cigno takes ASIC to court in challenge to ‘predatory’ lending ban
Financial Services September 27, 2019 11:05 pm By Christine Caulfield

Payday lender Cigno is appealing the Australian Securities and Investments Commission’s first action under new powers to ban financial products that targeted its model of […]

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