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Law firm wins reversal of $16M judgment in client’s breach of duty case
Appeals 2024-09-30 12:47 pm By Cindy Cameronne

An appeals court has overturned a $16 million judgment against a law firm, finding it did not breach its duties when acting for a lender that provided financing to a client.

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MONA’s Ladies Lounge wins court battle to exclude men from art installation
Entertainment 2024-09-30 2:20 pm By Cindy Cameronne

The Museum of Old and New Art has won its bid to exclude men from its ‘Ladies Lounge’ exhibit, which a judge found promoted equal opportunity by providing a “flipped universe”.

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EnergyAustralia hit with $14M penalty for misleading consumers about prices
Competition & Consumer Protection 2024-09-26 11:13 pm By Andy Sidler

In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.

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Vanguard hit with record $12.9M penalty in ASIC greenwashing case
Securities 2024-09-25 10:45 am By Sam Matthews

Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.

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Ex-Linchpin director loses appeal of $150,000 penalty
Appeals 2024-09-24 2:17 pm By Cindy Cameronne

The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.

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Suit alleges barrister used $1.3M of his company’s funds for chambers fees
Securities 2024-09-24 11:41 pm By Sam Matthews

Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees. 

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‘Horse has bolted’: Judge declasses COVID-19 insurance class actions
Insurance 2024-09-23 11:14 pm By Cindy Cameronne

Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.

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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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Advanta Seeds can’t force licensee Nuseed to fix seed labels
Intellectual Property 2024-09-23 11:40 pm By Andy Sidler

The developer of a Canola seed hybrid tolerant to herbicide has lost a bid for seed grower Nuseed to relabel its products, which are already stocked in 361 retail locations.

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Insurers on hook for Opal Tower class action costs after failed appeal
Insurance 2024-09-20 3:25 pm By Cindy Cameronne

Two insurers have come up short in their appeal of a ruling that put them on the hook for the costs of Opal Tower consultant engineer WSP in a class action by residents.

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