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Slater & Gordon auditor denies blame for investors’ loss
Securities 2018-02-27 7:59 pm By Christine Caulfield

Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon’s financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.

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TWU appeals fine for leaving lapsed members on books
Employment 2018-02-27 9:19 am By Cat Fredenburgh

The Transport Worker’s Union of Australia is challenging a $270,000 fine in a case brought by the union monitor alleging it kept almost 21,000 lapsed members on its register and failed to keep copies of records.

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Bank of Queensland settles class action over Sherwin scam
Securities 2018-02-27 9:13 am By Christine Caulfield

The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.  

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IP Australia grounds coffee pod patent
Intellectual Property 2018-02-26 2:50 pm By Cat Fredenburgh

Australian company Vittoria Food & Beverage has won its challenge to a patent application for a coffee pod system filed by a unit of global food giant Mondelez International.

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Australian litigation funder values caseload at $4.7B
Class Actions 2018-02-26 2:38 pm By Cat Fredenburgh

It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.

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Unions can’t ground review of airport workers’ split shifts
Employment 2018-02-23 8:53 pm By Christine Caulfield

In a win for aviation services company Aerocare, a court on Friday ruled the company’s bid for review of its controversial split-shift rosters was not an abuse of process as two unions had argued.

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Westpac faces new claim in life insurance class action
Class Actions 2018-02-23 8:39 pm By Cat Fredenburgh

Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class action lawyers have told a court.

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Amaca can’t get indemnity costs over asbestos settlement
Construction 2018-02-23 8:17 pm By Christine Caulfield

A judge has rejected Amaca’s bid for indemnity costs in a case over contributions to an asbestos class action settlement, but he did not rule on the company’s novel argument that a settlement resulting from mediation could count as the outcome of litigation in awarding costs.

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Commonwealth Bank denies Austrac money laundering claims
Financial Services 2018-02-23 8:14 pm By Christine Caulfield

The Commonwealth Bank of Australia on Friday pushed back against the majority of expanded claims brought by the anti-money laundering regulator and denied all allegations in the related class action.

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Linfox workers can’t halt Fair Work case, court says
Employment 2018-02-22 8:49 pm By Christine Caulfield

A group of Linfox workers in Victoria has lost their bid to put a Fair Work appeal on ice while they challenge a commissioner’s ruling that found in favor of the logistics giant in a dispute over their jobs.

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