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Judge picks winner in BHP class action contest
Class Actions 2018-12-18 11:52 pm By Christine Caulfield

A judge has chosen a winner in a battle of law firms vying to run a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine, saying the funding arrangement behind the successful case would best serve class members.

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Telstra loses challenge to ‘Empires end’ ad ruling
Competition & Consumer Protection 2018-12-18 11:41 pm By Cat Fredenburgh

Telstra has lost an appeal of a ruling that rival Optus’ “Empires End” advertising campaign was not misleading or deceptive.

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MFS execs lose appeal over $147.5M in misused funds
Financial Services 2018-12-18 5:56 pm By Miklos Bolza

Three former executives of failed Gold Coast finance company MFS Group have lost their challenge to a ruling that they misappropriated $147.5 million in funds prior to the company’s collapse.

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Hytera ordered to hand over ‘stolen’ Motorola code
Intellectual Property 2018-12-18 5:33 pm By Miklos Bolza

Hytera Communications has been ordered to hand over source code that Motorola Solutions claims was stolen by three employees who jumped ship between the companies.

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Leyonhjelm wants details on Sarah Hanson-Young’s sex life
Defamation 2018-12-18 5:10 pm By Miklos Bolza

Liberal Democrat senator David Leyonhjelm, who is facing a defamation lawsuit by Greens senator Sarah Hanson-Young, is planning to compel Hanson-Young to describe her sexual relations with men.

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ACCC gets $35M boost to take on cartels
Competition & Consumer Protection 2018-12-18 4:59 pm By Cat Fredenburgh

The government has given the ACCC a $35 million shot in the arm to bring more criminal cartel cases and investigate anti-competitive conduct.

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Bellamy’s ‘very ambitious’ in bid for $4.5M cost cap, judge says
Class Actions 2018-12-17 10:17 pm By Christine Caulfield

A judge looked dimly Monday on a pitch by baby food maker Bellamy’s to limit to $4.5 million the costs incurred by the law firms leading joint class actions against the company, saying the request was “very ambitious”.

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High Court to hear mortgage aggregator share transfer dispute
Corporate 2018-12-17 9:29 pm By Miklos Bolza

The High Court has granted special leave to mortgage aggregator Connective in a dispute between the firm’s founder and major shareholders over a transfer of one-third of the company’s shares, in a case that could clarify whether litigation should be considered a prohibited form of financial assistance under the Corporations Act.

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Judge spurs ASIC to mediate in NAB fees for no service case
Financial Services 2018-12-17 3:23 pm By Miklos Bolza

A judge has pushed the Australian Securities and Investments Commission into mediation with two NAB wealth management units in its case over $100 million in fees for no service, despite the regulator’s contention that mediation is not the best way to move the case forward.

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Jetstar agrees to $1.95M penalty over misleading refunds policy
Competition & Consumer Protection 2018-12-17 3:12 pm By Miklos Bolza

Jetstar Airways has agreed to pay a $1.95 million penalty and admitted to making false and misleading representations about customer eligibility for refunds on cancelled flights, in breach of the Australian Consumer Law.

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