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Mastercard can’t shield in-house counsel’s communications in ACCC case
Financial Services 2025-09-01 11:03 pm By Cindy Cameronne

Mastercard has lost its claim for legal professional privilege over communications between its chief financial officer in Singapore and in-house counsel about merchant agreements the ACCC alleges were anti-competitive. 

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Mastercard doc privileged despite ‘inadvertent’ disclosure during Baker McKenzie review
Competition & Consumer Protection 2025-08-22 11:46 pm By Cindy Cameronne

A judge has found that Mastercard can maintain legal professional privilege over a document that was inadvertently sent to the ACCC in 2020 after lawyers at Baker McKenzie had to review 100,000 documents in less than two months.

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Court OKs $59M settlement in rate-rigging class action against banks
Class Actions 2025-08-15 11:58 pm By Sam Matthews

A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.

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Mastercard says privilege shouldn’t be lost after junior lawyer’s ‘genuine mistake’
Competition & Consumer Protection 2025-08-15 11:46 pm By Cindy Cameronne

Mastercard says legal professional privilege remained over a document after a junior lawyer “inadvertently” sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.

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Binetter company liquidator wins OK for settlement in tax dodge case
Tax 2025-07-16 11:21 pm By Christine Caulfield

The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.

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Mastercard slams ACCC’s novel push for communications with lawyers
Competition & Consumer Protection 2025-07-03 11:41 pm By Cindy Cameronne

Mastercard has pushed back on the ACCC’s argument that it waived privilege over communications with lawyers, saying it would “take the law of waiver to a place it has never been before”.

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Dexus agrees to absorb shareholders’ costs of legal tussle with APAC
Transportation & Infrastructure 2025-06-24 11:53 pm By Christine Caulfield

Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.

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Judge warns ACCC’s privilege fight with Mastercard could ‘spiral out of control’
Competition & Consumer Protection 2025-06-18 11:49 pm By Julia Kanapathippillai

A judge has warned that an interlocutory privilege skirmish in the consumer watchdog’s misuse of market power case against Mastercard could “spiral out of control”.

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Court sets date for Dexus fight with APAC, investor funds
Article 2025-06-13 11:38 pm By Christine Caulfield

The date has been set for a court battle over Dexus’ sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.

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‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Transportation & Infrastructure 2025-05-22 11:34 pm By Christine Caulfield

Dexus’ denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can’t be undone. What the high-stakes row will come down to, he says, is materiality.

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