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Westpac settles case by senior exec who made whistleblower complaint to CEO
Employment 2021-09-02 3:41 pm By Christine Caulfield

Westpac has reached a settlement in a case brought by a former longtime employee and whistleblower who claimed the banking giant dismissed her in retaliation for complaints about its compliance failings.

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Finish Powerball maker wants to derail competitor’s launch, court hears
Intellectual Property 2021-09-02 10:04 pm By Bianca Hrovat

An urgent injunction sought by the makers of Finish dishwashing products to remove Henkel Australia’s flagship product from supermarket shelves could derail the launch of Somat-branded products in Australia, a court has heard.

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Instagram takes offensive in trade mark battle with Instagoods
Intellectual Property 2021-09-02 5:50 pm By Miklos Bolza

Social media giant Instagram has accused Australian retail tech and dating startup Instagoods of “flagrant” trade mark infringement and breaches of the Australian Consumer Law, as an intellectual property stoush between the companies heats up.

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ACCC must pay costs of NSW as ‘necessary and proper party’ in ports case
Competition & Consumer Protection 2021-09-02 3:03 pm By Miklos Bolza

A judge has ordered the ACCC to pay the State of NSW’s costs in its failed proceeding against NSW Ports, finding that even though the consumer watchdog did not initially sue the state government that it was a “necessary and proper” party to the case.

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ASIC issues notices to Nuix as part of investigation
Corporate 2021-09-02 11:16 pm By Christine Caulfield

The Australian Securities and Investments Commission issued notices Thursday to Nuix seeking documents in its investigation of the troubled tech company.

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Court throws out $106M judgment against Adani over Abbot Point fees
Energy & Natural Resources 2021-09-01 4:38 pm By Miklos Bolza

A subsidiary of Indian conglomerate Adani Group has successfully overturned a $106 million judgment against it over access charges for its Abbot Point coal terminal.

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Ex-Deutsche Bank exec looks to knock out cartel charges
Competition & Consumer Protection 2021-09-01 11:07 pm By Cat Fredenburgh

A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice fees for life insurance after they died.

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Judge in ASIC’s first COVID-19 case says legal team swap no excuse for defaulting on orders
ASIC 2021-09-01 1:55 pm By Cindy Cameronne

The judge overseeing ASIC’s first COVID-19-related case has criticised personal lender ClearLoans’ delay in responding to the case, saying a change in the company’s legal representation was not an excuse for defaulting on court orders.

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.

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