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RCR Tomlinson hit with shareholder class action over $57M solar farm loss
Class Actions November 20, 2018 2:42 pm By Miklos Bolza

Law firm Quinn Emanuel Urquhart & Sullivan has launched a shareholder class action against engineering and infrastructure firm RCR Tomlinson after “catastrophic” losses caused by […]

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CBA boss blames predecessor for dodgy credit insurance
Financial Services November 20, 2018 10:37 pm By Miklos Bolza

Commonwealth Bank of Australia chief Matt Comyn has pointed the finger at his predecessor, Ian Narev, for the bank’s selling of credit insurance to ineligible customers, claiming the former CEO failed to heed advice and stop selling the products.

Monster Energy drops challenge to Fernbrew ‘beast’ trade mark
Intellectual Property November 20, 2018 2:39 pm By Cat Fredenburgh

Energy drink giant Monster Energy has dropped its challenge to a ruling allowing alcoholic spirits wholesaler Fernbrew to trade mark the term ‘Real Beast’ for alcoholic beverages.

Dick Smith shareholder must join class action to pursue claims, judge says
Class Actions November 20, 2018 11:17 pm By Cat Fredenburgh

A Dick Smith shareholder has lost his bid to bring a separate proceeding against the failed home goods retailer while two class actions are afoot.

Barry Plant hit with $720,000 fine for duping house hunters with low display prices
Competition & Consumer Protection November 20, 2018 10:47 am By Christine Caulfield

Real estate agency Barry Plant has been hit with a $720,000 fine after admitting it breached the consumer laws by underquoting the likely selling price of 20 properties listed online.

Freight cos. slam ACCC’s collusion case over rail deal at start of trial
Competition & Consumer Protection November 19, 2018 11:51 pm By Christine Caulfield

Pacific National would not misuse its market power after taking control of an important rail terminal in Brisbane because that would be “irrational”, the Federal Court heard Monday at the start of a two-week trial in the competition watchdog’s case alleging the rail giant colluded with competitor Aurizon to become the dominant operator of key freight corridors.

Ex-Tennis Australia boss Harold Mitchell sued over Open deal
Corporate November 19, 2018 8:49 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has sued businessman Harold Mitchell for allegedly passing confidential information onto Seven Network while serving as a director at Tennis Australia in order to help the network win broadcast rights to the Australian Open.

Surfstitch judge says court can’t drop opt-out notice to class
Class Actions November 16, 2018 11:23 pm By Christine Caulfield

A judge has rejected a bid by the applicants in two shareholder class actions against online fashion retailer Surfstitch to push forward with a proposed […]

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Motorola to bring copyright claims against Hytera
Intellectual Property November 16, 2018 9:56 pm By Miklos Bolza

Motorola Solutions wants to amend its pleadings in an ongoing patent case against Shenzen-based Hytera Communications to add copyright claims relating to the source code for the […]

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High Court declines Rebel Wilson appeal in defamation case
Defamation November 16, 2018 4:14 pm By Cat Fredenburgh

Rebel Wilson has lost a bid to have the High Court reconsider an appeals court’s decision to slash her record $4.75 million award in a […]

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