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ASIC seeks $40M penalty against NAB over inadequate fee disclosures
Financial Services 2021-06-17 3:06 pm By Christine Caulfield

National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.

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Sister of NBA star Ben Simmons won’t defend defamation case over sexual abuse tweets
Defamation 2021-08-03 2:25 pm By Bianca Hrovat

A judge has entered default judgment against the sister of NBA star Ben Simmons in a defamation case by her half-brother over tweets alleging he sexually molested her as a child, after the court heard she would not defend the proceedings.

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PwC says ATO should stick to plan at upcoming privilege hearing
Tax 2021-08-03 2:10 pm By Miklos Bolza

PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.

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Rex hires Clayton Utz as it weighs legal options against Qantas
Competition & Consumer Protection 2021-08-03 12:58 pm By Christine Caulfield

Regional Express has engaged Big Six firm Clayton Utz to investigate potential court action against rival airline Qantas for alleged anticompetitive conduct.

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Mayne Pharma hit with shareholder class action over US antitrust probe
Class Actions 2021-08-03 11:11 am By Christine Caulfield

Generic drug maker Mayne Pharma Group has been hit with a shareholder class action over disclosures in relation to price-fixing allegations by US authorities.

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Junior doctors launch third class action in Victoria alleging unpaid overtime
Class Actions 2021-08-02 6:46 pm By Cindy Cameronne

Melbourne hospital operator Western Health has been hit with a class action on behalf of junior doctors across six hospitals in Victoria who allege they were denied pay for overtime hours, the third underpayments class action filed by doctors in the state.

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Funder seeks to recoup $14.8M debt in lawsuit against Sydney developer
Real Estate 2021-08-02 6:18 pm By Miklos Bolza

A litigation funder is suing a Sydney property developer over a $14.8 million debt stemming from a cause of action it acquired from the liquidators of the collapsed project manager behind the firm’s real estate projects.

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Gilbert + Tobin guides Afterpay on ‘transformational’ $39B Square deal
Corporate 2021-08-02 3:51 pm By Cindy Cameronne

Australian law firm Gilbert + Tobin has advised fintech Afterpay on the largest public acquisition in Australian history under which US-based Square will acquire all of the company’s issued shares in a landmark $39 billion deal.

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Full Court should decide whether Qld energy class action is managed investment scheme, court told
Class Actions 2021-08-02 3:02 pm By Cat Fredenburgh

The Full Court should determine whether a class action accusing two state-owned energy generators of gaming Queensland’s energy pricing system needs to comply with regulations requiring litigation funders to register class actions as managed investment schemes, a court has been told.

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‘Overworked’ reporter hit with $18,000 pay cut sues the ABC
Employment 2021-08-02 1:38 pm By Miklos Bolza

An ABC feature reporter who was hit with an $18,000 pay cut and who allegedly developed a medical condition from being “overworked” is suing the national broadcaster for discrimination and breaches of employment law.

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