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In loss for ASIC, Full Court finds crypto currency provider did not need AFSL
The Full Court has granted a cross-appeal by crypto currency provider Block Earner, finding its did not need a financial services licence because its crypto product is not a financial product.
Trial pushed off in sprawling litigation over Greensill collapse
A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm's administrator.
Westpac looks to shield Allens chronologies in AUSTRAC class action
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.
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Hastie liquidators get court OK to fund cases against Hall & Wilcox
Hastie's special purpose liquidators have won court approval to enter into a further funding agreement as it pursues cases against Hall & Wilcox, which previously represented the collapsed engineering firm.
Developer Mayfield loses appeal in competition case over NSW Ports deal
An appeals court has dismissed a competition case by Mayfield Development against NSW Ports over agreements to privatise two ports, finding that derivative Crown immunity applied to the port authority.
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Domain to recommend shareholders approve $2.8B CoStar acquisition
Domain has announced it will recommend shareholders vote to approve a takeover by US real estate company CoStar that values the real estate listing site at $2.8 billion.
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Court rejects plea to halt reburial of Indigenous remains
A court bid to bar reburial of the remains of 108 Indigenous people, including the oldest known human remains found in Australia, has been dismissed.
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CityLink to appeal toll dispute with Eastlink operator
CityLink plans to appeal a February decision that found it overcharged Eastlink operator ConnectEast for roaming fees to allow users to use both toll roads on one account.
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New Century’s ex-directors win legal privilege spat in royalty dispute
Former directors of New Century have won a dispute over a due diligence report prepared by Gilbert + Tobin in their litigation centred on royalty payments from a zinc mine in north-west Queensland.
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James Hardie to buy US-based AZEK in $14B merger
Australian building materials giant James Hardie will acquire US-based home decking provider AZEK in a nearly $14 billion merger.