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Cloud banking provider Temenos can access legal advice in credit union’s case
Competition & Consumer Protection 2024-07-31 10:21 pm By Andy Sidler

Swiss fintech Temenos has partially won its bid to view legal advice received by the Northern Inland Credit Union in a lawsuit alleging the cloud banking provider made misleading representations during negotiations for the installation of a new core banking system.

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Jailed advisor Roger Munro loses appeal after failed bid to withdraw plea
Financial Services 2024-07-31 11:42 pm By Andy Sidler

The Queensland Court of Appeal has knocked back a challenge by jailed investment guru Dr Roger Munro to his conviction on three counts of fraud, which landed him a four-and-a-half month prison sentence.

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Former top lawyer at Super Retail Group sues to enforce alleged settlement
Employment 2024-07-30 2:29 pm By Christine Caulfield

Super Retail Group’s former chief legal officer and company secretary has brought court proceedings to enforce what she claims was a settlement reached three days after her employment was terminated in May.

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Contradictor in class action fights Monash IVF’s bid to hold on to embryos
Class Actions 2024-07-30 11:05 pm By Sam Matthews

A contradictor has argued against Monash IVF’s bid for orders allowing it to retain embryos as evidence in a class action, saying the Victorian Supreme Court has no power to make orders inconsistent with the company’s statutory obligation to store embryos for a maximum of five years. 

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Collingwood hit with racism allegations by ex-First Nations head of strategy
Employment 2024-07-30 11:26 pm By Cindy Cameronne

The previous head of First Nations strategy of the Collingwood Football Club has brought Fair Work proceedings against their former employer, claiming they were unfairly terminated after making several complaints against CEO Craig Kelly about alleged racially insensitive comments. 

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Class action attacks ‘false’ logic of AG’s claim GCO a neutral factor in KPMG transfer bid
Class Actions 2024-07-30 11:17 pm By Sam Matthews

In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-General’s argument that a contingency fee order is a neutral factor in assessing the accounting firm’s bid to move the case from Victoria. 

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Former EY partner loses $1M share dispute against National Tiles
Securities 2024-07-30 3:03 pm By Cindy Cameronne

A former EY partner and ousted board member at National Tiles has lost his $1 million claim alleging the company breached implied terms in a contract by requiring him to sign a “draconian, unreasonable and unacceptable” share agreement.

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Don’t leave it to the court: Judge urges parties to remember legal costs in settlement talks
Employment 2024-07-30 11:25 pm By Cindy Cameronne

A judge overseeing a dispute over an employer’s confidential information has urged litigants to remember their legal costs at an early stage of settlement negotiations, rather than leaving it to the court as the “default option”. 

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CBA units plead guilty to breaking long service leave laws
Financial Services 2024-07-30 10:54 pm By Cat Fredenburgh

Two units of the Commonwealth Bank of Australia on Monday pleaded guilty and were hit with $48,000 in penalties for denying staff $1.67 million in long service leave entitlements.

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Wellness firm Doll House cops penalty for sham contracting
Employment 2024-07-30 11:02 pm By Andy Sidler

Bondi wellness research company Doll House has copped a $197,000 penalty for terminating three disabled employees and re-engaging them as independent contractors in a ‘sham’ contracting arrangement.

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