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Showdown looms as BHP faces 3rd class action over Brazil mine disaster
Class Actions 2018-09-25 10:59 pm By Christine Caulfield

BHP Billiton has been hit with a third class action in Australia over the 2015 dam failure at its Samarco mine in Brazil, and the lead applicant in the latest case — one of the biggest pension funds in the US — has a lot at stake.

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Watchdog wants $505K penalty for union’s poor record-keeping
Employment 2018-09-25 10:26 pm By Miklos Bolza

The Registered Organisations Commissioner is seeking a $505,000 penalty against the CEPU for record-keeping breaches, despite the union’s claim that the conduct was not deliberate.

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ATO fights for $744M from re-registered Bell Group cos.
Restructuring & Insolvency 2018-09-25 9:46 pm By Miklos Bolza

The fallout over the collapse of Alan Bond’s Bell Group of companies more than two decades ago rages on in the Federal Court, with the Australian Taxation Office in a battle for $744 million it claims is owed by the the now re-registered firms. 

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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Securities 2018-09-25 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.

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Ashurst investigation docs sought in Bechtel same-sex harassment suit
Employment 2018-09-25 12:53 am By Cat Fredenburgh

A Bechtel worker who claims his genitals were groped by a male employee and that the construction giant discriminated against him by failing to take the same-sex harassment seriously has sought documents from an internal investigation by Ashurst into the matter.

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AMP admits to one bad apple in ASIC insurance rewriting case
Financial Services 2018-09-24 9:25 pm By Christine Caulfield

AMP’s financial planning unit has shot back at allegations by the corporate watchdog that a group of planners engaged in so-called life insurance rewriting, admitting only that one of its army of advisers broke the law. 

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Class action firm backs Labor bid for gender pay gap disclosures
Employment 2018-09-24 8:25 pm By Miklos Bolza

Class action law firm Maurice Blackburn has thrown its support behind a Federal Labor proposal that would force larger companies to reveal the extent of their gender pay gaps.

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Rio Tinto unit can keep $86M owed to Forge Group in set-off win
Restructuring & Insolvency 2018-09-24 4:31 pm By Miklos Bolza

A unit of Rio Tinto has won an appeal allowing it to avoid an $86 million payment owed to failed mining services company Forge Group Power.

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Vendors can’t probe claims against auction house Mossgreen
Restructuring & Insolvency 2018-09-24 2:58 pm By Miklos Bolza

A Federal Court judge has shot down an eleventh hour bid by unpaid vendors of collapsed auction house Mossgreen for discovery to see if they have a claim against the company, including a possible class action claim.

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Director booted from board for missed meetings loses court challenge
Energy & Natural Resources 2018-09-24 1:46 pm By Cat Fredenburgh

A director of an energy company who was kicked off the board of directors for missing too many meetings has lost a Federal Court challenge to his dismissal.

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