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Bail conditions set in obstruction case against former BlueScope exec
Bail conditions have been set for a former BlueScope Steel executive charged with obstructing an Australian Competition and Consumer Commission criminal cartel probe into the steel company, the first criminal charges ever brought against an individual in relation to an ACCC investigation.
Domino’s can’t block funder from viewing unredacted docs in class action
The Federal Court has rejected an "unusual" confidentiality regime proposed by Domino's Pizza Enterprises which would have resulted in restricted access to discovered documents for the funder backing the class action against the global fast food giant.
ASIC wins admissions from NAB in $100M fees for no service case
A hearing scheduled for next year in the Australian Securities and Investments Commission's case against two NAB wealth management units will focus solely on how steep a penalty the bank should face after it made admissions about its fees for no service conduct.
Expanded class definition tossed in Ethicon pelvic mesh class action
A Federal Court judge has reversed a prior ruling expanding the class in a lawsuit against Johnson & Johnson unit Ethicon over allegedly defective pelvic mesh implants, saying he had "no confidence" new group members would have sufficient opportunity to opt out before judgment is delivered in a few weeks.
Court may scrap expanded class definition in Ethicon pelvic mesh case as judgment looms
An impending judgment in the long-running class action against Johnson & Johnson unit Ethicon over allegedly defective pelvic mesh implants has sent the parties scrambling about opt out notices and the Federal Court considering reversing prior orders that expanded the group definition.
ACCC wants stay of Garuda appeal as airline refuses to pay $19M fine
The Australian Competition and Consumer Commission is seeking a stay of an appeal by PT Garuda Indonesia while the airline's $19 million fine May for engaging in cartel conduct remains unpaid.
ASIC hits IOOF with extra licence conditions to combat conflicts
The corporate regulator has imposed additional licence conditions on wealth manager IOOF to combat conflicts of interest in the group's business structure revealed by the banking royal commission.
Woolworths class action funder wants up to 35% of any recovery
The funder backing a shareholder class action against Woolworths wants a 35 percent slice of any settlement or judgment in the $100 million case, according to its agreement with the applicants.
‘Hostile, aggressive’: Former AMP general counsel alleges bullying in $2.7M lawsuit
A former AMP general counsel responsible for preparing the financial giant for the banking royal commission has launched a $2.7 million lawsuit alleging "hostile, aggressive and intimidating behaviour" by superiors in response to formal complaints she made about the company's fees for no services practices.
Quintis founder wins unredacted transcripts of ASIC chats with directors
Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.