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Ord Minnett challenges ruling on wealth advisor’s wage entitlements
Financial Services 2024-06-28 1:43 pm By Cat Fredenburgh

Stockbroking firm Ord Minnett has challenged a judgment that found it must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, a decision that could have major repercussions through the industry.

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ATO whistleblower loses appeal over bid for immunity
Tax 2024-06-28 2:46 pm By Cindy Cameronne

A former ATO worker who accused his employer of using heavy handed debt collection tactics against taxpayers has lost his second bid for immunity from prosecution, with an appeals court finding that whistleblowing laws only protect the disclosure itself. 

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Treasurer Jim Chalmers greenlights $4.9B ANZ, Suncorp merger
Financial Services 2024-06-28 9:21 am By Cat Fredenburgh

ANZ is set to acquire Queensland bank Suncorp, with treasurer Jim Chalmers signing off on the deal after the ACCC failed to block the $4.9 billion merger on competition grounds.

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UK firm DWF expands in Australia with Proclaim acquisition
Business of Law 2024-06-28 11:16 pm By Cindy Cameronne

UK law firm DWF has acquired Melbourne claims management business Proclaim, expanding its insurance business in Australia. 

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Ten agrees to $1.3M haircut on legal costs won against Bruce Lehrmann
Defamation 2024-06-27 3:07 pm By Cindy Cameronne

Network Ten has won $2 million in costs against Bruce Lehrmann in his failed defamation case over the broadcaster’s coverage of Brittany Higgins’ rape allegations, after agreeing to a substantial haircut on its $3.7 million legal bill.

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Eighth attempt at cosmetic surgery class action still not good enough, court told
Class Actions 2024-06-27 10:08 pm By Cindy Cameronne

Sydney-based plastic surgeon Daniel Lanzer and several of his associates have objected to a class action’s eighth attempt at getting its claims over allegedly negligent cosmetic procedures right, saying the plaintiffs were engaged in a “continuing cycle of propagating versions” of their case.

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Five years in, Meta goes on offensive in competition case by social media start-up
Competition & Consumer Protection 2024-06-27 11:15 pm By Sam Matthews

Five years after it was first hit with a competition case by Dialogue Consulting, Meta has filed a cross-claim against the Melbourne social media company, alleging it collects and stores Instagram user login credentials and instructs clients to provide inaccurate information to the platform.

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Samsung Bioepis’ ‘scattergun approach’ dooms bid for R&D docs in fight over Pfizer’s Enbrel patent
Intellectual Property 2024-06-27 11:54 pm By Andy Sidler

A judge has rejected Samsung Bioepis’ bid to discover research and development documents from Pfizer as it seeks to invalidate the drug giant’s patent for its blockbuster autoimmune drug Enbrel, agreeing with Pfizer that it may be “no more than an exercise in fishing”.

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Aldi blasts ‘desperate’ copycat case over Little Bellies fruit snacks
Intellectual Property 2024-06-27 11:25 pm By Sam Matthews

Aldi has slammed what it says is a novel copyright infringement case alleging the German grocery chain copied the “vibe” of a rival’s snack packaging. 

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Bonza administrators say budget airline likely traded while insolvent
Restructuring & Insolvency 2024-06-27 10:19 pm By Andy Sidler

The administrators for budget airline Bonza have found it likely traded while insolvent in the lead-up to its voluntary administration, suggesting the airline’s directors may have breached their duties under the Corporations Act. 

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