Judge dismisses ‘puzzling’ bid to boot FW Projects liquidators

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Two construction companies have lost what a court has called a “puzzling” bid to oust the liquidators of collapsed FW Projects amidst a legal battle in the NSW Supreme Court over the property developer’s remaining assets.

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Vocus to refund customers over misleading claims for second time in a month

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Vocus Group’s energy brands Dodo and CovaU have promised to refund their customers after being been fined more than $50,000 by the consumer watchdog over allegedly misleading claims about percentage discounts on energy plans.

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ASIC wants ban on unsolicited insurance sales calls

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The corporate watchdog has proposed a complete ban on unsolicited telephone sales of life insurance and consumer credit insurance, as an urgent placeholder ahead of wider reforms recommended after last year’s banking royal commission.

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Celebrity chef George Calombaris back-pays $7.8 million to underpaid staff

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The Melbourne restaurant group founded by celebrity chef George Calombaris has back-paid $7.8 million to more than 500 workers, after a Fair Work investigation uncovered significant staff underpayments.

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Shifting sands: orders for defendants to produce insurance policies in class actions

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We have started to see the Federal Court use its discretionary powers in respect of class actions to order defendants to disclose their insurance policies to plaintiffs. The emergence of these disclosure orders is an example of the flexible and pragmatic approach increasingly being adopted by the Federal Court in class actions, say Johnson Winter & Slattery’s Frances Dreyer and Nicholas Briggs.

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CEO taken to court for allegedly paying nanny $2.33 an hour

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The CEO of a property development company faces enforcement action by the Fair Work Ombudsman for allegedly paying his nanny $2.33 an hour for over 100 hours of work a week.

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Liquidator admits ‘significant deficiencies’ and agrees to 10-year ban

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Veritas Advisory liquidator David Iannuzzi has admitted to “quite significant deficiencies” in his conduct as a liquidator and agreed to a 10-year ban from serving as an insolvency practitioner.

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APRA to get new super powers to crack down on rogue funds

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The Australian Prudential Regulation Authority will be given a raft of new disqualification powers over inappropriate directors and senior executives, after a report criticised the financial regulator’s preference to engage with regulated entities “behind the scenes”.

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Ban on Instagram selfie with Kylie Jenner would intrude on ‘personal freedom’, judge says

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A judge has refused to order the removal of a selfie photograph with model Kylie Jenner from the personal Instagram account of the former CEO of a trendy Australian sunglasses retailer, saying such an injunction would intrude on her “personal freedom”.

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