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BBY former manager sentenced over $8.4M in client fund transfers
Financial Services 2024-08-20 11:15 pm By Christine Caulfield

A former manager of BBY has been handed a two and half year sentence after pleading guilty to criminal charges following the stockbroking firm’s collapse. 

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Conservation group drops challenge to Woodside’s $16.5B Scarborough project
Energy & Natural Resources 2024-08-20 11:08 pm By Christine Caulfield

The Australian Conservation Foundation has reached an agreement with Woodside Energy to drop proceedings over the company’s Scarborough gas project in Western Australia, which alleged the $16.5 billion joint venture could not go ahead until its climate impacts were assessed. 

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Visa’s payment token invention not patentable, delegate finds
Intellectual Property 2024-08-20 11:54 pm By Andy Sidler

The patent office has rejected Visa’s application to patent a token system for securing customer data, finding the process did not address a technical problem or provide a technical solution.

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Union loses challenge to Energy Australia’s super payments for shift workers
Employment 2024-08-20 11:07 pm By Andy Sidler

The full Fair Work Commission has rejected a union’s challenge to a decision affirming Energy Australia’s practice not to make superannuation contributions on earnings for time off in lieu of overtime for shift workers.

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‘Industrial scale forensic debacle’: Element Zero blasts Fortescue search orders
Energy & Natural Resources 2024-08-19 10:06 pm By Sam Matthews

Start-up Element Zero has attacked search orders won by Fortescue over the alleged misappropriation of the mining company’s confidential information by three former employees, calling the orders an “industrial scale forensic debacle” won on weak evidence and the failure to disclose material information.

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ACT government wants out of public housing class action
Class Actions 2024-08-19 12:56 pm By Cindy Cameronne

A class action on behalf of public housing tenants who were allegedly forced to relocate is facing a bid for summary judgment by the ACT government, which claims it is not the correct respondent.

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Judge refuses to vacate trial in shareholder class action against Whitehaven Coal
Class Actions 2024-08-16 11:06 pm By Andy Sidler

Trial in a five-year-old class action against Whitehaven Coal will proceed without further delay despite the plaintiff’s late bid to tender an expert report, with a judge finding no extraordinary reason to push off the hearing date any longer.

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Boart Longyear, Imdex reach settlement in protracted IP feud
Energy & Natural Resources 2024-08-16 5:29 am By Christine Caulfield

Drilling company Boart Longyear has reached a $10 million settlement with global mining technology company Imdex that resolves a long-running patent dispute.

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Ex-Demons chairman can re-file defamation case against senior club officials
Defamation 2024-08-16 1:38 pm By Andy Sidler

Former Melbourne Demons chairman Glen Bartlett has been given the green light to relaunch a defamation case against the AFL club’s president and other senior officials after discontinuing proceedings that were transferred from his home state of Western Australia to Victoria.

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Babcock & Brown liquidator wants to knock out fifth shareholder suit
Restructuring & Insolvency 2024-08-16 2:08 pm By Sam Matthews

The liquidator of failed global financial services firm Babcock & Brown is seeking to permanently stay a shareholder suit it says is an abuse of process, nearly five years after three other cases against the liquidator were thrown out.

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