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Westpac unit RAMS flags fraud claim in franchisee class action
Class Actions 2024-10-01 2:21 pm By Cindy Cameronne

Westpac’s shuttered home loan unit RAMS may hit back at franchisees’ class action claims by alleging they made misrepresentations and provided fraudulent documents.

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Liquidators settle with Grant Thornton, Moore Stephens over Linchpin audits
Accounting 2024-09-30 11:40 pm By Christine Caulfield

Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.

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McDonald’s rest breaks class action ‘gone backwards’, court told
Employment 2024-09-30 2:02 pm By Cindy Cameronne

A class action against McDonald’s alleging workers were not given mandatory rest breaks has “gone backwards” after the fast food giant withdrew previously agreed facts, a court has heard. 

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Biotech files new patent suit against Samsung Bioepis over Crohn’s drug
Intellectual Property 2024-09-26 11:55 pm By Sam Matthews

Samsung Bioepis can’t get indemnity costs from Janssen Biotech after it surrendered patents for Crohn’s disease drug Stelara and filed a fresh case based on new patents for the drug. 

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ACCC clears Lendlease’s $1.3B property deal with Stockland
Corporate 2024-09-26 1:52 pm By Sam Matthews

The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra. 

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Lawyers ‘made themselves protagonists’ in Super Retail case, court told
Employment 2024-09-25 1:42 pm By Cindy Cameronne

Super Retail Group has sought production of communications between two former executives and their solicitors ahead of a fight to disqualify the lawyers from acting in the employment dispute. 

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Macquarie Bank fined almost $5M for market gatekeeper failures
Financial Services 2024-09-25 1:19 pm By Sam Matthews

Macquarie Bank has been fined a record $4.995 million for failing to stop the placement of suspicious orders on the electricity futures market.

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High Court asked to overrule Brewster in solicitors’ CFO case
Class Actions 2024-09-24 3:34 pm By Sam Matthews

If it takes up the Federal Court’s ruling in favour of solicitors seeking to earn a cut from a class action, the High Court will be asked to overrule its 2019 decision against common fund orders.

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Coles, Woolworths taken to court by ACCC over ‘illusory’ discounts
Competition & Consumer Protection 2024-09-23 2:20 pm By Christine Caulfield

Major supermarkets Coles and Woolworths have been taken to court by the consumer regulator, accused of inflating prices for short periods in order to advertise more attractive discounts.

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CBA class actions win halt to costs battle pending appeal
Appeals 2024-09-23 2:45 pm By Cindy Cameronne

Applicants in two dismissed class actions against the Commonwealth Bank have secured an order staying an assessment of costs in the failed cases until the outcome of an appeal.

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