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ACCC trying to ā€˜fit a square peg into a round holeā€™ with bank cartel case, court hears
Competition & Consumer Protection 2021-12-03 4:59 pm By Cindy Cameronne

The ACCC has been accused of running a “experimental test case” that tries to fit the shares market within the scope of the Competition and […]

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‘No prospects of success’: Judge tosses COVID-19 class action over Victoria’s botched hotel quarantine
Class Actions 2021-12-02 11:43 am By Bianca Hrovat

Two landmark class actions seeking damages from the Victorian government for economic losses suffered during last year’s second wave of COVID-19 have been thrown out, […]

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ā€˜Donā€™t panicā€™: JPMorgan boss tried to allay bank exec’s fears over shortfall, court told
Competition & Consumer Protection 2021-12-02 9:52 pm By Cindy Cameronne

JPMorgan Australia chairman Rob Priestley told Citigroup and Deutsche Bank executives not to ā€œpanicā€ about picking up a shortfall in the sale of ANZ shares, […]

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Threat of class action reform prompts rush to court
Class Actions 2021-12-01 5:47 pm By Christine Caulfield

Fearing passage of a contentious bill in parliament that threatens to curb open class actions, plaintiffs law firms and funders have raced to court with […]

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More casuals class actions to be dropped in wake of High Court’s Rossato decision
Employment 2021-12-01 3:35 pm By Miklos Bolza

Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High […]

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ACCC pressured ASIC to drop investigation into JPMorgan, court hears
Competition & Consumer Protection 2021-12-01 8:57 pm By Cindy Cameronne

A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would ā€œupsetā€ the competition regulatorā€™s criminal […]

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Banksia-inspired conflict of interest regulations quietly take effect
Legal Ethics 2021-12-01 3:40 pm By Miklos Bolza

Spurred by the Banksia class action scandal, the federal government has implemented new regulations requiring litigation funders to manage conflicts of interest that arise when […]

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ACCC updated policies on witnesses after ‘flawed’ bank cartel probe, court hears
Competition & Consumer Protection 2021-11-30 10:36 pm By Miklos Bolza

A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism […]

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Herbert Smith Freehills competition partner appointed ACCC commissioner
ACCC 2021-11-29 1:01 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has appointed an esteemed Herbert Smith Freehills competition partner who defeated some of the regulator’s most high-profile merger challenges […]

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ASIC gets time to mull class action’s bid to ring-fence $7.2M Dixon Advisory penalty
Financial Services 2021-11-25 1:59 pm By Cat Fredenburgh

A court has delayed a hearing on a bid by the applicant in a class action against Dixon Advisory to freeze a $7.2 million penalty […]

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