Another Keystone Shield spruiker cops financial adviser ban

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A second MWL Financial adviser has been banned this week by the corporate regulator as part of its probe into the costly collapse of Keystone’s failed Shield Master Fund.

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APAC wins bid to push back trial in fight with Dexus over airport sale

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Airport operator Australia Pacific Airports Corporation has won its bid to delay an upcoming trial in a dispute with Dexus over alleged breaches of a shareholder deed, after the real estate asset manager discovered 20,000 documents only last week. 

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Acciona weighs claims against Veolia, as $224M WTE plant spat ramps up

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Spanish infrastructure firm Acciona is mulling cross-claims against contractor Veolia Australia after losing its fight to move their dispute over the Kwinana waste-to-energy project west, a court has heard.

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Meriton can’t block Alcove St Ives owners’ evidence before conclave in $123M suit

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Apartment owners in Sydney’s Alcove St Ives development have won extra time for evidence ahead of an expert huddle in a $123 million defects suit against a unit of builder Meriton.

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GPT acquires interest in Sydney’s Grosvenor Place for $850M

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GPT Group will put down $850 million for a 50 per cent interest in the Grosvenor Place office tower in Sydney’s CBD, amid an improved outlook for the country’s official fundamentals.

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Mastercard can appeal privilege waiver ruling in ACCC’s case

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Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.

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Office worker who discussed polyamory, role-playing loses FWC dismissal case

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A Perth office employee found to have leered at female colleagues and openly discussed attending sex parties has lost his unfair dismissal case despite his employer’s “shambolic” investigation.

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ACCC opposes Kegstar’s bid to acquire competitor’s keg pooling assets

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The ACCC will oppose US keg services business Kegstar’s plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.

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Lovisa underpayments class action sets up next reverse onus test

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Jewellery retailer Lovisa has struck back at an underpayments class action, saying it does not have the burden of disproving the underpayments claims because the applicants have not proven each alleged unpaid overtime hour was actually worked.

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Nike loses challenge to swoosh-like trade mark of Canberra football club

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Nike has lost its challenge to a Canberra AFL club’s trade mark, with IP Australia finding that the “arc-like feature” depicting a football in flight was not deceptively similar to the sportswear giant’s iconic swoosh mark.

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