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Kraken crypto exchange operator Bit Trade must pay $8M penalty
Cryptocurrency 2024-12-12 5:03 pm By Julia Kanapathippillai

The Australian operator of crypto exchange Kraken has been ordered to pay $8 million for failing to comply with design and distribution obligations.

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Viva Energy’s proposed acquisition of LOC Global gets ACCC’s OK
Energy & Natural Resources 2024-12-12 4:27 pm By Julia Kanapathippillai

Viva Energy has been given the all-clear by the ACCC to acquire the remaining 50 per cent share of LOC Global after agreeing to sell 14 service stations to Solo Oil.

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Full Court overturns defamation win for Jarred Hayne supporter
Defamation 2024-12-11 11:13 pm By Julia Kanapathippillai

The Full Court has thrown out a finding that a supporter of Jarryd Hayne was defamed by a Seven social media post that accused him of spitting at a women who accused the rugby player of rape as she left the courthouse.

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‘We will hold them to account’: ASIC accuses Rex of misleading market
Securities 2024-12-11 1:29 pm By Julia Kanapathippillai

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.

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Telstra pays $3M penalty over Triple Zero outage
Telecommunications 2024-12-11 3:40 pm By Julia Kanapathippillai

Telstra has been hit with a $3 million penalty for failing to follow emergency call rules during a Triple Zero outage in March.

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Criminal charges flagged against Woolworths NZ over ‘inaccurate’ pricing
Competition & Consumer Protection 2024-12-10 4:11 pm By Julia Kanapathippillai

New Zealand’s consumer regulator will bring criminal charges against Woolworths NZ and two Pak’nSave branches over alleged inaccurate pricing and misleading specials.

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‘Stupidity’ needed to confuse deli’s logo with Mercato Centrale TM: court
Intellectual Property 2024-12-09 11:10 pm By Julia Kanapathippillai

An appeal by a family-owned Adelaide deli in a trade mark fight with an Italian food hall in Melbourne has fallen flat.

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Construction PRO
Charter Hall executes record $3.3B in green loans for office fund
Construction 2024-12-10 11:39 pm By Julia Kanapathippillai

Property investment giant Charter Hall Group has completed one of the largest green loan transactions in Australia’s real estate sector, securing $3.35 billion in green loan facilities for its office building fund.

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Sumo Power cops $10M penalty for prohibited phone sales
Energy & Natural Resources 2024-12-06 11:58 pm By Julia Kanapathippillai

Power and gas company Sumo has been ordered to pay a $10 million penalty for engaging in prohibited ‘door-to-door’ phone sales, the largest penalty for breaches of Victoria’s energy laws.

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Clyde & Co loses another team to rival law firm
Business of Law 2024-12-05 11:19 pm By Julia Kanapathippillai

Thomson Geer has poached two Clyde & Co partners and their teams to join the firm in 2025. Construction expert Phillip Coady will join Thomson Geer’s Sydney office, while financial services regulatory expert Liam Hennessy will join the firm’s Brisbane office. In addition to the partners, 14 lawyers from Coady and Hennessy’s teams will also…

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