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ANZ has won access to documents the bank claims are crucial to its defence in a high stakes criminal cartel case, but the Australian Securities and Investments Commission has flagged a possible appeal of the ruling.
Channel Seven must pay $280,000 to lawyer branded a ‘Centrelink cheat’ on Today Tonight
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Television network Channel Seven has been ordered to pay $280,000 in damages to a lawyer after an appeals court ruled a Today Tonight segment labelling her a “Centrelink cheat” was defamatory.
Ex-Atrum Coal boss ordered to repay $6M to Hong Kong finance group
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A former director of Atrum Coal has been ordered to pay over $6 million owed to a unit of Hong Kong finance giant Argonaut Group after a prior default saw the former executive lose $12 million worth of shares in the company.
Chinese investors can offload property, recoup losses from failed investment scheme
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A Gold Coast development property procured through a settlement with a Sydney-based financial advisory firm facing two separate class actions can be sold to recoup losses by investors who sank over $14 million into a property investment scheme, a court has found.
Sydney light rail case ‘wholly unsuitable’ as a class action, Transport for NSW tells court
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The NSW government has flagged a possible challenge to a class action over Sydney’s $3 billion delayed light rail project as the four-week trial scheduled for June is pushed back another year to allow time for more discovery.
Domain sues startup rival Zango over ‘misleading’ ads
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Online real estate giant Domain has filed a lawsuit against an up-and-coming competitor in the property listings market, alleging the startup’s ads misleadingly claim it will have property listings before any of its rivals.
High Court won’t hear landowners case over payout for WestConnex project
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Three Sydney commercial landlords whose properties were compulsorily acquired to make way for the WestConnex project have come to the end of the road in their fight for $56.5 million in compensation, with the High Court refusing to hear their case.
ASIC wins case over options trader’s ‘deliberate deception’
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ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the “deliberate deception of vulnerable people”.
Biotechs to battle in Federal Court over ‘Access’ trade marks
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Two biotech companies that provide molecular diagnostic products used in genetic screening will face off in Federal Court over whether one of the company’s ‘Access’ trade mark is likely to confuse consumers.
CFMEU’s John Setka says spat over member defection should be handled internally
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A bitter feud between the national office of the Construction Forestry Maritime Mining and Energy Union and union heayweight John Setka, who is accused of poaching members from the manufacturing division, should not play out in court, lawyers for Setka said Wednesday.