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Judge scolds HSBC for missing deadline to file defence in ASIC scam case
Financial Services 2025-05-26 11:37 pm By Julia Kanapathippillai

A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop’s case alleging the bank failed to protect customers from scams. 

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Freezing orders extended against people with suspected links to Keystone
ASIC 2025-05-26 11:25 pm By Andy Sidler

A court has extended freezing orders over the assets of two men suspected of connections to two Keystone funds, which ASIC has expressed “grave concerns” about.

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Moderna loses bid to patent mRNA vaccine
Intellectual Property 2025-05-26 11:02 am By Cat Fredenburgh

Moderna has failed in its bid to secure an mRNA vaccine patent, but an IP Australia delegate gave the US biotech another shot at its application. 

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Judge approves ‘high end’ 30% GCO in JB Hi-Fi class action
Class Actions 2025-05-23 11:15 pm By Andy Sidler

A judge has approved Maurice Blackburn’s 30 per cent group cost order in a class action against JB Hi-Fi over worthless warranties, noting the ‘high end’ rate would be reviewed at a later stage.

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Failed NULIS class action says costs should wait until appeal
Class Actions 2025-05-23 10:55 pm By Cindy Cameronne

The lead applicant in a failed class action against NULIS Nominees has argued that any costs orders should be stayed until after its appeal, while the ex-NAB super trustee claims it should have $8 million in costs paid now. 

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Monarch Advisory’s 12-month non-compete clause reasonable, court says
Employment 2025-05-23 11:08 pm By Julia Kanapathippillai

Financial services firm Monarch Advisory Group has won over $270,000 in damages after two employees who started a new business were found to have breached restraint clauses in their contracts.

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CSR prevails in appeal over works at $408M Horsley Park industrial development
Real Estate 2025-05-26 11:52 pm By Cindy Cameronne

CSR Building Products has won a legal challenge over a development application at its 52-hectare industrial estate in western Sydney, which has generated sale proceeds of over $408 million to date. 

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Northern Iron administrators win extra six months to maximise sales process
Energy & Natural Resources 2025-05-26 11:02 am By Andy Sidler

The administrators of a Northern Territory iron ore company have won extra time to hold a second creditors meeting in hopes of securing a deed of company arrangement, despite protests from creditor Aurizon.

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Aircraft maker can’t pursue claims against Rex over $3M jet sale
Restructuring & Insolvency 2025-05-23 11:12 pm By Cat Fredenburgh

A US-based aircraft serves provider has lost its bid to pursue claims over a $3 million jet sale against discount airline Rex while it’s in administration. In a 16 May decision, the NSW Court of Appeal rejected the appeal of Jet Midwest, saying the primary judge did not err in finding its rights would be…

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Qube, developer lose $20M claim against Defence over contaminated land
Construction 2025-05-23 11:59 pm By Christine Caulfield

A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 

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