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Penalty in ACCC case against Uber off by more than $20M, judge says
Competition & Consumer Protection 2022-07-25 11:07 pm By Sam Matthews

A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as “not within the range”, saying the impact of the rideshare giant’s misleading conduct appeared to be “trivial”.

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Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
Accounting 2022-07-25 11:35 pm By Sam Matthews

Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.

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Lane Cove tunnel operator can add claims to $300M case against builders
Construction 2022-07-25 11:18 pm By Cindy Cameronne

A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.

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Kmart settles Jellycat lawsuit over knockoff ‘Bashful Bunny’
Intellectual Property 2022-07-25 2:55 pm By Christine Caulfield

Kmart Australia has resolved a case brought by UK-based Jellycat that accused the retailer of selling knockoffs of the plush toy designer’s signature ‘Bashful Bunny’.

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PwC partners knew of unlawful dividend payment to Cornerstone director, court told
Professional Negligence 2022-07-22 9:55 pm By Cindy Cameronne

PwC partners are facing “very serious” allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary education provider Cornerstone was unlawful.

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New competition class actions in the works against Apple, Google
Competition & Consumer Protection 2022-07-22 9:10 pm By Sam Matthews

Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.

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Pitcher Partners looks to shut down $128M Twigg family lawsuit
Professional Negligence 2022-07-22 8:48 pm By Cindy Cameronne

Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 million in family trust money for himself.

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Forum Finance director to get $1.25M for legal funds, despite ‘Byzantine’ financials
Financial Services 2022-07-20 10:35 am By Sam Matthews

Bill Papas’ business partner Vince Tesoriero has won the release of $1.25 million to pay for his legal fees in Westpac’s fraud case against him, despite a judge’s finding that disclosure concerning his true financial position was “less than ideal” and included “staggering” discrepancies.

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Ben Roberts-Smith witnesses had ‘powerful motive to lie’, Fairfax says
Defamation 2022-07-19 8:25 pm By Cindy Cameronne

Soldiers who took the stand for Ben Roberts-Smith in his defamation case against Fairfax colluded on the evidence they gave of key events, counsel for Fairfax has told a judge as a long-running trial comes to a close.

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‘We can make a really strong case’: ANZ hopeful of ACCC approval for $4.9B Suncorp buy
Competition & Consumer Protection 2022-07-18 11:10 pm By Christine Caulfield

ANZ is optimistic its proposed $4.9 billion acquisition of insurer Suncorp’s banking unit will be cleared by the competition regulator, and is counting on the public benefits of the merger to win approval.

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