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Ex-CBA banker to stand trial for role in $170M home loan fraud scheme
White Collar 2018-10-12 4:49 pm By Cat Fredenburgh

A former mobile lender with the Commonwealth Bank of Australia will stand trial for his alleged role in a massive $170 million home loan fraud scheme that targeted Australia’s largest banks.

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Titus Day files cross-claim seeking commissions from Guy Sebastian
Competition & Consumer Protection 2018-10-11 2:49 pm By Cat Fredenburgh

The management company owned by Titus Day has fired back at a lawsuit filed by singer Guy Sebastian, claiming it’s still owed commissions for appearances by the singer.

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In pro bono win for Norton Rose, High Court stubs out man’s marijuana conviction
Appeals 2018-10-10 9:58 pm By Miklos Bolza

The High Court has granted an appeal to a Norton Rose Fulbright-represented man who claimed more than 900g of marijuana found at his house was for personal use, repealing his conviction for drug possession after new evidence emerged that may have changed the course of his trial in 2013.

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UGL class action funder to earn up to 30% commission
Class Actions 2018-10-05 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Trendy Aussie designer sues over handbag copyright
Intellectual Property 2018-09-25 9:40 pm By Cat Fredenburgh

A popular Australian designer of neoprene athleisure handbags has filed a lawsuit against another designer for making bags that allegedly copy the design of its trendy totes.

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ASIC deputy chair Peter Kell calls it quits
Financial Services 2018-09-18 10:09 pm By Christine Caulfield

The deputy chairman of the Australian Securities and Investments Commission, Peter Kell, has resigned just five months into a yearlong extension of his contract with the corporate watchdog.

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Meriton drops appeal of $3M fine for rigging TripAdvisor reviews
Competition & Consumer Protection 2018-09-13 12:44 pm By Christine Caulfield

Meriton has withdrawn its appeal of a ruling that fined the property manager $3 million for manipulating bad reviews on TripAdvisor.

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ASIC doesn’t want to regulate litigation funders
Class Actions 2018-09-12 11:15 pm By Christine Caulfield

Litigation funders should not be regulated by ASIC but by the courts, the corporate watchdog has told the Australian Law Reform Commission in response to proposals to overhaul the class action regime and subject funders to licensing requirements.

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Boral subsidiary fined $30,000 for threatening to sack workforce
Employment 2018-09-12 2:23 pm By Christine Caulfield

A subsidiary of building materials giant Boral was fined $30,000 Wednesday after threatening to sack its entire workforce for voting down proposed changes to an enterprise agreement to comply with the building watchdog’s code.

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Alan Jones, radio stations must pay $3.75M for defaming Wagner family
Defamation 2018-09-12 12:31 pm By Cat Fredenburgh

Broadcaster Alan Jones and two radio stations have been ordered to pay $3.75 million for defaming a prominent Queensland family by blaming them for the deaths of 12 people in the 2011 Grantham floods.

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