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AFR apologises to iSignThis as defamation case settles
Defamation 2021-04-22 3:22 pm By Cat Fredenburgh

The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.

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‘A case of investor regret’: Mayfair dodges misleading and deceptive conduct case
Financial Services 2021-03-08 11:59 am By Miklos Bolza

An investor who sank $1 million into a now suspended Mayfair Group scheme has lost his misleading and deceptive conduct case against the firm, with a judge finding his evidence was “plainly coloured” by the fact he had lost his life savings.

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Statewide Super cancelled 12,500 fund members’ insurance while charging them, ASIC claims
Financial Services 2021-03-04 9:32 pm By Spencer Fowler Steen

ASIC has launched civil penalty proceedings against Statewide Super alleging that around 12,500 fund members were not covered by any insurance policy for a year despite the super fund informing them that they had cover while deducting monthly premiums worth $1.5 million.

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Vagisil maker wins appeal to halt European rival’s trade mark
Intellectual Property 2021-02-11 3:40 pm By Spencer Fowler Steen

The maker of Vagisil feminine hygiene products has successfully overturned a ruling that denied its bid to stop a European competitor from registering Vagisan as a trade mark in Australia.

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Nationwide settles Masterchef Jock Zonfrillo’s defamation suit
Defamation 2021-01-18 11:44 am By Cat Fredenburgh

The publisher of The Australian has settled defamation proceedings brought by celebrity chef Jock Zonfrillo, just a few months after the lawsuit was filed.

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iSignthis CEO John Karantzis rejected $30,000 offer by AFR ahead of defamation suit
Defamation 2020-11-24 12:09 pm By Christine Caulfield

The CEO of fintech company iSignthis turned down an offer by the Australian Financial Review to pay $30,000 and retract portions of an article he claimed falsely linked him to a money laundering scheme, but his defamation case against publisher Fairfax might not proceed to trial if the judge overseeing the case can help it.

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Judge in Masterchef’s defamation case says success more likely with in-person mediation
Defamation 2020-11-05 2:48 pm By Miklos Bolza

A judge has encouraged celebrity chef Jock Zonfrillo and the publisher of The Australian to attend an in-person mediation to resolve their defamation dispute, saying that face-to-face mediations have a better chance of succeeding than those held virtually.

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‘An act of bad faith’: Network Ten hit with indemnity costs after hiding defamation notice
Defamation 2020-10-13 12:37 pm By Miklos Bolza

A court has hit Network Ten with indemnity costs after finding the broadcaster “buried” a defamation notice on its website in a manner designed to “frustrate or undermine” a settlement agreement reached with a gay American social media personality.

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‘Sad and tragic’: Court winds up Mayfair’s IPO Wealth Fund
Restructuring & Insolvency 2020-09-17 5:53 pm By Miklos Bolza

A  judge has ordered 17 companies connected to Mayfair’s “failed” IPO Wealth Fund to be wound up after finding the fund’s director put investor money at risk through “highly speculative” investments to make a windfall for himself.

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Mayfair director should not be put in charge of other people’s money, court told
Restructuring & Insolvency 2020-09-16 7:09 pm By Miklos Bolza

Companies associated with Mayfair’s IPO Wealth Fund should be wound up because they contained assets “artificially inflated” in value and ran what was effectively a Ponzi scheme, the Victoria Supreme Court has heard.

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