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Arrium creditors can get docs for potential litigation over $4B collapse
Energy & Natural Resources 2018-10-17 11:25 pm By Christine Caulfield

Creditors of the failed Arrium Group have won access to documents handed over by third parties to the company’s administrators for possible civil proceedings against the steel producer, which collapsed owing $2.3 billion.

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Optus agrees to pay $10M for misleading customers over phone bills
Competition & Consumer Protection 2018-10-17 1:43 pm By Christine Caulfield

Optus has agreed to fork over $10 million in penalties after admitting it billed customers for premium phone services they didn’t sign up for, the consumer watchdog said Wednesday.

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Clock’s ticking as Unlockd gets deadline for filing case against Google
Competition & Consumer Protection 2018-10-15 11:15 am By Christine Caulfield

Failed digital ad company Unlockd has until the end of the month to set out its competition case against Google or the suit will be thrown out.

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Westpac appeals funding order in life insurance class action
Class Actions 2018-10-11 10:42 pm By Christine Caulfield

Westpac is challenging a judge’s order that gives the funder backing a class action over life insurance premiums a 25 percent cut of any recovery.

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ASIC bans fourth NAB banker over home loan fraud scam
Financial Services 2018-10-08 11:01 pm By Christine Caulfield

Former National Australia Bank branch manager Mathew Alwan has been permanently banned from the financial services industry for his involvement in a home loan fraud ring in greater western Sydney.

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Aviation 3030 investor can’t duck security because of ASIC’s suit
Securities 2018-10-05 11:14 pm By Christine Caulfield

An investor suing property investment group Aviation 3030 can’t avoid payment of half a million dollars in security for litigation costs because of a parallel enforcement action by the corporate regulator, a judge has ruled.

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UGL class action funder to earn up to 30% commission
Class Actions 2018-10-05 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Vector sues Duoguard over corrosion prevention patent
Intellectual Property 2018-10-04 11:03 pm By Christine Caulfield

Canada’s Vector Corrosion is suing Australia’s Duoguard and its UK supplier alleging the companies are infringing one of its patents for technology used to prevent corrosion of steel-reinforced concrete.

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Dad drops sex discrimination suit against M&C Saatchi over flexible hours
Employment 2018-10-04 10:41 pm By Christine Caulfield

A sex discrimination lawsuit against advertising giant M&C Saatchi by a contract employee who claimed he was fired after requesting flexible hours to take care of his children has been resolved.

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Hytera asks to keep China’s state secrets from Motorola in IP war
Intellectual Property 2018-10-04 12:56 pm By Christine Caulfield

Hytera Communications wants the Federal Court to block Motorola from accessing evidence in their patent war covered by Chinese laws prohibiting disclosure of state secrets or compromising the country’s cybersecurity.

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