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Asset Energy wins review of Morrison’s denial of oil exploration licence
Energy & Natural Resources 2023-02-14 10:34 pm By Sam Matthews

Asset Energy has won Federal Court review of former Prime Minister Scott Morrison’s decision not to grant a two-year extension of a controversial offshore exploration license, after the government conceded that Morrison’s decision was “infected by apprehended bias.”

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Ex-Big Un CEO charged with insider trading after ASIC investigation
White Collar 2023-02-14 6:15 pm By Cindy Cameronne

The former CEO of Big Un Limited has been hit with criminal charges and could face up to ten years in prison after he allegedly communicated inside information about the failed video company. 

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Crown, Star look set to admit non-compliance in AUSTRAC actions
AUSTRAC 2023-02-13 2:01 pm By Sam Matthews

A court has heard that casino giants Crown and Star are likely to reach agreement with AUSTRAC as to liability in proceedings alleging “widespread and serious non-compliance” with anti-money and counter terrorism laundering laws.

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Clive Palmer drops appeal of climate change decision blocking Queensland coalmine
Energy & Natural Resources 2023-02-13 11:49 pm By Christine Caulfield

Clive Palmer’s Waratah Coal has abandoned a challenge to a ruling that ended its plan for a coalmine in central Queensland on the grounds that the project would contribute to “foreseeable and preventable life terminating harm”.

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Ex-Legacy Iron Ore managing director sentenced for $725,000 theft
White Collar 2023-02-13 9:52 pm By Sam Matthews

The founding director of Perth-based exploration company Legacy Iron Ore Limited has been hit with a suspended sentence of three years imprisonment for stealing over $720,000 from the company.

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ASIC slaps advisor with permanent ban after superannuation fraud
Financial Services 2023-02-13 4:25 pm By Cindy Cameronne

The Australian Securities and Investments Commission has handed a permanent ban to a former financial advisor who pleaded guilty to taking $35,000 from his First Nations clients’ superannuation accounts.

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Medibank class action to test whether data breach claims ‘worth the candle’
Analysis 2023-02-10 11:50 pm By Sam Matthews

A landmark Federal Court class action against private health insurer Medibank will be a test case for when privacy claims can sidestep the regulatory path, and whether group members can prove they suffered loss from exposure of their data.

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Tolga Kumova wins order barring Stock Swami Twitter ‘campaign’
Defamation 2023-02-10 6:48 pm By Cindy Cameronne

Mining investor Tolga Kumova has won an order banning the man behind the Twitter handle Stock Swami from publishing allegations concerning the his past actions after a judge found he was defamed by tweets accusing him of insider trading.

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Bruce Lehrmann was identifiable as alleged rapist, defamation cases say
Defamation 2023-02-10 11:36 pm By Christine Caulfield

Former Liberal staffer Bruce Lehrmann was reasonably identifiable as Brittany Higgins’ alleged rapist in an interview aired on Ten’s The Project and articles published by News Corp Australia, according to court documents in defamation cases against the media companies.

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Vannin Capital wins $44.5M judgment against Clive Palmer companies
Contracts 2023-02-10 10:48 pm By Cat Fredenburgh

Clive Palmer’s Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.

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