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Lenders of collapsed Arrium lose appeal over directors’ loan drawdowns
Financial Services 2023-05-10 12:23 pm By Sam Matthews

Commonwealth Bank and other lenders of failed steel giant Arrium have lost a second attempt to put two of the company’s directors on the hook for alleged misleading representations on loan drawdown notices ahead of its $2.8 billion collapse.

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Facial recognition platform Clearview broke privacy laws by scraping images, AAT says
Privacy & Cybersecurity 2023-05-10 2:35 pm By Sam Matthews

US facial recognition company Clearview breached Australian privacy laws by trawling the web for photos of Australians for use by law enforcement agencies, the Administrative Appeals Tribunal has found.

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Landmark joint investigation to probe Latitude data breach
Privacy & Cybersecurity 2023-05-10 3:50 pm By Sam Matthews

Australian and New Zealand authorities have launched a joint investigation into the personal data handling practices of the Latitude group of companies, in the wake of a cyberattack that resulted in the theft of 14 million customer records.

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TechnologyOne halts trading after cyberattack
Privacy & Cybersecurity 2023-05-10 4:21 pm By Sam Matthews

One of the country’s largest software companies has entered a trading halt after detecting unauthorised third-party access to its internal IT system.

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State flags High Court appeal in hotel quarantine class action
Appeals 2023-05-09 11:10 pm By Sam Matthews

The state of Victoria has foreshadowed a High Court challenge in its fight to stay a class action over the 2020 hotel quarantine in light of criminal action, an appeal it said raised issues relating to the “increasing and regular prosecutions” of government and corporate entities over health and safety laws.

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‘Well behind where they ought to be’: Recent data breaches a wake up call for law firms
Analysis 2023-05-08 11:46 pm By Sam Matthews

With legal practices shaping up as a ripe target for cyberattacks, experts say many firms have a long way to go in implementing best practice cybersecurity to avoid potentially “catastrophic” outcomes.

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Hastie liquidators appeal dismissal of $63M case against major builders
Restructuring & Insolvency 2023-05-08 3:59 pm By Sam Matthews

The liquidators of failed engineering company Hastie Group have appealed a decision that knocked out half its $120 million case against Multiplex, Lendlease and numerous other builders.

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Judge frowns on Invisalign’s lawsuit against SmileDirectClub
Competition & Consumer Protection 2023-05-08 1:08 pm By Sam Matthews

Dental aligner maker Invisalign has lost its case accusing competitor SmileDirectClub of misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits

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Barrister’s $320,000 bill set aside as appeals court takes ‘purposive approach’ to disclosure rules
Business of Law 2023-05-05 12:40 pm By Sam Matthews

An appeals court has set aside a barrister’s $320,000 bill for a case initially estimated to cost $60,000 in counsel fees, applying a “purposive approach” to the rules governing lawyers’ disclosure obligations.

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In class action defence, Apple says App Store commissions the price to pay for innovation
Competition & Consumer Protection 2023-05-05 3:16 pm By Sam Matthews

Apple has denied it engaged in anti-competitive conduct in operating its App Store in a class action brought over allegedly inflated commissions on certain apps and in-app purchases.

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