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Ex-Prime Trust director Wooldridge seeks court approval to manage companies despite recent ban
Former health minister and Prime Trust director Michael Wooldridge wants court approval to manage four corporations, despite a recent ruling from the Full Federal Court that reimposed a ban on him and three other former directors of the collapsed retirement village for violations of the Corporations Act.
Western Union manager could not have known no-show employee had mental illness, Full Court says
International money transfer giant Western Union has successfully appealed a $160,000 judgment in an employment discrimination case, with the Full Federal Court finding the firm's HR manager could not have known the employee, who was absent from work for seven months prior to the dismissal, actually suffered from a mental disability.
‘Hostile, aggressive’: Former AMP general counsel alleges bullying in $2.7M lawsuit
A former AMP general counsel responsible for preparing the financial giant for the banking royal commission has launched a $2.7 million lawsuit alleging "hostile, aggressive and intimidating behaviour" by superiors in response to formal complaints she made about the company's fees for no services practices.
ACCC extends review of $350M ANZ, GrainCorp deal
The Australian Competition and Consumer Commission has extended its review of ANZ Terminals' proposed acquisition of a unit of global agribusiness GrainCorp, after expressed competition concerns about the $350 million tie-up in July.
Westpac takes almost $1B hit to cash earnings for customer refunds
The costs of Westpac's customer remediation for the 2019 financial year will approach $1 billion, the bank said Wednesday, as it revealed to the market a $341 million dent in its cash earnings for the second half of the year as part of its ongoing repayment program.
Quintis founder wins unredacted transcripts of ASIC chats with directors
Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.
Toyota points finger at drivers in diesel filter class action
Responding to a class action on behalf of over 250,000 car owners, auto giant Toyota has admitted issues with filters in three of its diesel vehicle models but says drivers who failed to respond to warning lights in their cars could not clam damages for any breaches of quality guarantees.
Bean there, done that: Lavazza says it used ‘oro’ trade mark before Vittoria
Italian coffee manufacturer Lavazza has hit back against an infringement case brought by Australian rival Vittoria over two Oro trade marks, saying Vittoria's rights over the marks should be revoked and claiming four decades of prior continuous use of its own unregistered mark.
Stage set for battle over court’s power to vary class action funding agreements
A judge's decision refusing to approve a $42 million settlement in a shareholder class action against Murray Goulburn because of a "too high" funder's commission has set the stage for a showdown over the power of courts to alter funding agreements, a battle potentially more consequential than the fight over common fund orders now before the High Court.
IOOF unit wins stay of $76M judgment as it mulls appeal of case against Sparke Helmore
A judge has briefly stayed his $76.6 million judgment against IOOF subsidiary Australian Executor Trustees over the sale of a timber plantation by the collapsed Gunns Group as AET weighs an appeal of the ruling, which dismissed its cross-claim against law firm Sparke Helmore.