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The liquidators of collapsed engineering company Hastie Group have lost their bid to appeal a decision that knocked out half its $120 million case against Multiplex, Lendlease and numerous other builders.
Aristocrat can’t get docs yet for possible trade secrets suit
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A judge has rejected Aristocrat’s bid for orders requiring competitor Light & Wonder to hand over documents to be placed “in an envelope” for speedy production should its appeal of a decision ordering that it produce the documents to Aristocrat for possible trade secrets suit fail.
Payday lenders’ short-term loans not BNPL arrangements, judge says in ASIC win
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The Australian Securities and Investments Commission has prevailed in its case against payday lenders Cigno and BSF Solutions alleging they provided credit without a licence, with a judge rejecting their argument that their loan model was analogous to buy now, pay later arrangements that don’t require a credit licence.
Corrs Chambers Westgarth faces enquiries by SafeWork over ‘psychosocial hazards’
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Law firm Corrs Chambers Westgarth is facing enquiries by SafeWork NSW into allegations of “psychosocial hazards” made in a complaint to the workplace health and safety regulator.
SMSF auditors stung by class action say Melissa Caddick’s clients have themselves to blame
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The auditors of self-managed superannuation funds that clients of Melissa Caddick invested with the Sydney fraudster and her company Maliver have hit back at class action claims, saying the clients have themselves to blame for handing over “direct control” of their funds.
Ord Minnett exec says he was axed for complaint about $110K pay cut after ASIC fine
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A former Ord Minnett executive has taken the wealth management firm to court alleging he was sacked for complaining about a $110,000 cut in his pay imposed after the corporate regulator slapped the firm with a $880,000 penalty for breaching market integrity rules.
Toyota class action loses bid for emissions cheat source code
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A class action against Toyota alleging it installed diesel defeat devices in several models of its vehicles has lost a bid to access source code for the cars’ emissions control systems, with a judge finding it was not relevant to any current fact in issue.
Aveo class action firm has arguable case on appeal over fee slashing, judge says
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A judge has granted leave to law firm Levitt Robinson to challenge a ruling cutting $1.14 million of its fees from a settled class action against retirement home operator Aveo, finding the appeal was sufficiently arguable.
Suit accusing Netflix of axing employee on maternity leave sent to mediation
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A lawsuit accusing Netflix of violating the Fair Work Act by making an employee’s position redundant while she was on parental leave has been sent to mediation.
Brickworks forced to close doors in WA after ‘predatory pricing’ by rival BGC, court told
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Australia’s largest brick manufacturer Brickworks has accused a rival founded by billionaire Len Buckeridge of substantially lessening competition in Western Australia through a 2021 acquisition and engaging in predatory pricing that caused it to shut its doors in the state.