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Groupwide damages not ruled out in Ford class action, judge says
Class Actions 2021-11-03 9:56 pm By Christine Caulfield

A judge has left open the possibility that aggregate damages could be awarded in a class action against US auto giant Ford on behalf of 185,000 vehicle owners over their defective cars.

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Fees for no service class action must clarify ‘serious allegations’ against AMP
Class Actions 2021-11-02 4:27 pm By Cindy Cameronne

A judge has ordered a class action against AMP to provide more detail in its case accusing the financial services firm of failing to disclose information to shareholders about allegedly misleading ASIC and charging clients fees for no service.

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BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
Competition & Consumer Protection 2021-11-01 5:58 pm By Cindy Cameronne

BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.

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Seven McDonald’s franchises now facing lawsuits over unpaid rest breaks
Employment 2021-11-01 6:25 pm By Bianca Hrovat

A McDonald’s franchise has been hit with a lawsuit accusing it of deliberately withholding workers’ paid rest breaks and committing “horrifying” and “shameful” violations of the Fair Work Act, the seventh such lawsuit to be filed by the union representing fast food workers.

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Criminal cartel case dropped against ANZ, group treasurer over $2.5B share placement
Competition & Consumer Protection 2021-10-29 9:27 pm By Christine Caulfield

In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.

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Crown pays $125M to settle class action over Chinese gambling disclosures
Class Actions 2021-10-29 9:30 am By Christine Caulfield

Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.

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CBA seeks leniency as judge grapples with first criminal case of its kind
Financial Services 2021-10-29 5:31 pm By Miklos Bolza

A fine imposed against the Commonwealth Bank for false and misleading representations to customers should reflect offences that were “well below the midpoint” of seriousness, counsel for the bank has told a judge overseeing the first criminal case of its kind.  

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Qantas COVID-19 mask mandate ‘lawful and reasonable’: FWC
Employment 2021-10-29 5:44 pm By Miklos Bolza

The Fair Work Commission has ruled that a mask mandate issued by Qantas as part of its Fly Well program in response to the COVID-19 pandemic was “lawful and reasonable” as it tossed an unfair dismissal case brought by a former flight attendant.

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Criminal case against NAB over casual employee entitlements should take priority, court told
Employment 2021-10-29 1:56 pm By Bianca Hrovat

The criminal case brought by Victoria’s new employment watchdog against the NAB should take precedence over the bank’s case, which challenges the Wage Inspectorate’s interpretation of the Fair Work Act and has now dragged NSW into the fray, a court has heard.

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Lauded King & Wood Mallesons managing partner appointed Macquarie GC
Financial Services 2021-10-29 3:26 pm By Bianca Hrovat

The Australian managing partner of King & Wood Mallesons, Evie Bruce, is set to join Macquarie Group as its next group general counsel and head of the legal and governance group, where she will lead a team of 400 lawyers and governance professionals.

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