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Romeo’s hit with underpayments class action
Employment 2020-07-28 2:42 pm By Cat Fredenburgh

Supermarket chain Romeo’s has become the latest retailer to face a class action alleging it failed to pay staff for all hours worked.

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Westpac’s anti-money laundering woes worsen
Financial Services 2020-07-28 1:37 pm By Cat Fredenburgh

Westpac anti-money laundering compliance troubles continue to worsen, with the bank reporting an additional 365,000 incomplete or inaccurate threshold transaction reports to AUSTRAC.

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Administrators for fashion retailer PAS Group lose battle with landlords over rent
Restructuring & Insolvency 2020-07-24 11:04 pm By Christine Caulfield

Administrators for The PAS Group have failed in their bid to have almost $1.4M in rent declared an unsecured debt in the event the fashion retailer goes into liquidation amid the coronavirus pandemic.

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Ex-Bellamy’s director Jan Cameron pleads not guilty to disclosure charges
Securities 2020-07-24 10:58 pm By Christine Caulfield

Former Bellamy’s Australia director Jan Cameron has pleaded not gulty to two charges stemming from an alleged failure to disclose her stake in the organic baby food company.

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Norbrook appeals approval of Bayer’s animal antiseptic patent
Appeals 2020-07-24 10:45 pm By Cat Fredenburgh

Veterinary pharmaceutical company Norbrook Laboratories has filed court proceedings after a delegate of IP Australia tossed its opposition to a patent by Bayer New Zealand for a bovine antiseptic treatment.

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ACCC denies acting on JPMorgan advice when sending cartel case to CDPP
Competition & Consumer Protection 2020-07-24 10:10 pm By Miklos Bolza

A senior officer from the ACCC has rejected claims that the regulator took legal advice from immunity applicant JPMorgan before launching its high profile criminal cartel case against ANZ, Citigroup and Deutsche Bank.

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AMP’s life insurance arm hit with class action over ‘inflated’ insurance policies
Class Actions 2020-07-24 9:08 pm By Christine Caulfield

AMP Life has been hit with a class action alleging its financial representatives pushed inflated insurance policies onto 100,000 customers while knowing that better policies could be found through other providers.

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ACCC accused of ‘slapdash’ decision to charge Deutsche Bank exec in ANZ cartel case
Competition & Consumer Protection 2020-07-23 6:37 pm By Miklos Bolza

A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the “incredibly slapdash” methods of the ACCC.

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Sparke Helmore hits back at $1M negligence lawsuit by Shoal Bay developer
Sparke Helmore 2020-07-23 5:59 pm By Alison Eveleigh

National law firm Sparke Helmore has denied allegations in a $1 million negligence lawsuit that it failed to properly advise a Shoal Bay property developer over the sale of two units in the coastal town, saying that it failed to receive the required instructions.

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ACCC takes sporting goods company Decathlon to court
Competition & Consumer Protection 2020-07-23 1:38 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has instituted court proceedings against a unit of French sporting goods giant Decathlon alleging it flouted product safety standards over a three-year period.

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