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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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Court upholds $50M award for Siemens in spat over Qatar transport contract
Construction 2022-09-07 11:45 pm By Cindy Cameronne

A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.

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Google wins opposition to FitBet trade mark
Intellectual Property 2022-09-07 10:21 pm By Cat Fredenburgh

Google has succeeded in blocking a fitness app from registering ‘FitBet’ as a trade mark, with a a Trade Marks Office delegate finding the mark was deceptively similar to the Silicon Valley company’s marks for its popular FitBit wearable devices.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
Employment 2022-09-06 11:14 pm By Christine Caulfield

The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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Nine sued for defamation over ‘Million Dollar Murders’ episode
Defamation 2022-09-06 4:58 pm By Sam Matthews

A man has sued Nine over an episode of a true crime show which he alleges depicted him as a suspect in the unsolved murder of a teenaged girl in 1997.

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Crown could face $100M fine over blank cheque practices
Gaming 2022-09-01 10:08 pm By Cat Fredenburgh

Crown Resorts could be on the hook for a record $100 million fine after Victoria’s gambling regulator brought new disciplinary proceedings accusing the casino of allowing gamblers to exchange bank or blank cheques for gambling chips.

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Fuji Xerox, EY settle suit over $450M accounting scandal
Accounting 2022-09-01 11:44 pm By Sam Matthews

Fuji Xerox and Ernst & Young have settled a lawsuit over $450 million in alleged accounting irregularities that also ensnared an EY partner and two senior Fuji executives.

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Fonterra wins challenge to patent for vegan dairy product
Intellectual Property 2022-09-01 11:21 pm By Sam Matthews

IP Australia has rejected the patent application of animal-free dairy and protein company Perfect Day, following a challenge by New Zealand dairy giant Fonterra.

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Sports presenter Erin Molan wins $150,000 defamation judgment against Daily Mail
Defamation 2022-08-30 11:27 am By Sam Matthews

Nine sports presenter Erin Molan has won a substantial payout from the Daily Mail over an article concerning an on-air remark she made about the pronunciation of National Rugby League Polynesian player names, despite failing to prove the story painted her as a racist.

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Cornerstone liquidators can sign funding pact for $46M case against PwC
Professional Negligence 2022-08-30 2:00 pm By Sam Matthews

A judge has granted the liquidators of Cornerstone Investment Australia leave to sign a funding agreement for the insolvent tertiary education provider’s $56 million professional negligence claim against accounting firm PricewaterhouseCoopers.

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