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Criminal cartel case dropped against ANZ, group treasurer over $2.5B share placement
Competition & Consumer Protection 2021-10-29 9:27 pm By Christine Caulfield

In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.

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Law firm must pay $13M for negligence that led to client’s botched Woolworths deal
Professional Negligence 2021-10-29 9:53 pm By Cindy Cameronne

A national law firm has been found liable to pay $13 million in damages for giving negligent advice to a former client that led to a botched sale of its business to Woolworths and caused it to go into administration.

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Crown pays $125M to settle class action over Chinese gambling disclosures
Class Actions 2021-10-29 9:30 am By Christine Caulfield

Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.

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Class action silks thank court for OKing in-person trial that didn’t happen
Courts 2021-10-29 7:27 pm By Christine Caulfield

A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to notify the presiding judge of the happy outcome was enough to remind the Victorian litigators what they had missed over the past 18 months.

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Qantas COVID-19 mask mandate ‘lawful and reasonable’: FWC
Employment 2021-10-29 5:44 pm By Miklos Bolza

The Fair Work Commission has ruled that a mask mandate issued by Qantas as part of its Fly Well program in response to the COVID-19 pandemic was “lawful and reasonable” as it tossed an unfair dismissal case brought by a former flight attendant.

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Barristers ‘deeply concerned’ about Andrews’ COVID-19 pandemic legislation
COVID-19 2021-10-29 2:30 pm By Cindy Cameronne

Thirteen Victorian silks have expressed “deep concern” over a bill proposed by the Andrews government giving the health minister power to make “pandemic orders”.

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Criminal case against NAB over casual employee entitlements should take priority, court told
Employment 2021-10-29 1:56 pm By Bianca Hrovat

The criminal case brought by Victoria’s new employment watchdog against the NAB should take precedence over the bank’s case, which challenges the Wage Inspectorate’s interpretation of the Fair Work Act and has now dragged NSW into the fray, a court has heard.

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Employsure wins case against former employees who jumped ship to rival
Employment 2021-10-29 10:05 pm By Bianca Hrovat

Workplace relations heavyweight Employsure has won its case against rival ELMO Software and two former employees who sought to jump ship to a competitor in breach of their employment contracts and fiduciary duties.

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Rate-rigging class action pleadings OK’d, more than two years after case filed
Class Actions 2021-10-28 3:56 pm By Miklos Bolza

A judge has given the green light to amended pleadings in a class action accusing major banks of entering a cartel agreement to rig foreign exchange rates, bringing a two-year fight over the pleadings closer to resolution.

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iSignthis’ John Karantzis accuses ATO of misleading court in asset freeze bid
Tax 2021-10-28 9:39 pm By Cindy Cameronne

iSignthis CEO John Karantzis claims the ATO misled the court when it sought a freezing order over his assets in a dispute over an alleged $10.7 million tax debt, saying the tax office failed to give the judge “material” information.

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