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Adviser banned as ASIC probes $526M investment into Shield, First Guardian
ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.
ASIC seeks injunction against adviser linked to $520M in Shield, First Guardian investments
ASIC wants an injunction against a financial adviser whose "honey pot" marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds. 
JLL’s legal woes worsen with new suit by former CEO
The former CEO for JLL's Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
ASIC loses case against ex-Freedom boss, manager over sales incentives
A court has tossed the corporate regulator's case against Freedom Insurance's former boss and another executive, finding that a sales incentives scheme did not breach conflicted remuneration laws.
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JLL sued by former CEO, in latest fallout from harassment investigation
The former CEO for JLL's Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
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Kew Rec Centre builder ‘particularly motivated’ to dodge guarantee after roof collapse, court told
Boroondara City Council has told a court that builder ADCO was “particularly motivated” to not provide a parent company guarantee under a $59 million contract to develop the Kew Recreation Centre after the roof of the building collapsed during the construction. 
Samsung Bioepis shoots down Janssen patent for ulcerative colitis biologic
Samsung Bioepis has successfully opposed Janssen's bid to patent a monoclonal antibody to treat ulcerative colitis, but an IP Australia delegate has given the J&J-owned company a chance to fix its application.
Judge questions claim Banksia receiver ‘went along’ with class action settlement
A judge has questioned whether an investor in failed Banksia Securities can bring a case against a court-appointed receiver over his support for a class action settlement later found to involve deception by a team of lawyers. 
Suit against Banksia receiver, law firm a bid to ‘exhume case from grave’, court told
The receiver for Banksia Securities — the failed lender at the centre of a scandal-ridden class action — has argued a new case accusing him of serious misconduct is vexatious and wants a court to release him from the claims.
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SIXT drops bid for injunction against Darwin Airport
German car hire company SIXT has dropped its bid for an injunction barring Darwin International Airport from requiring it to vacate the premises it operates out of at the airport.