Till Payments can’t fight ‘royal commission’-style doc bid over capital raise claims

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Investors in Till Payments have won discovery for a possible suit over $43 million in alleged losses suffered after it was sold for just $47 million following a $200 million capital raise, with a judge rejecting arguments that the bid amounted to a royal commission. 

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Debt management firm still MIA as ASIC trial looms

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A judge has said an 11-day trial in ASIC’s case against Solve My Debt Now will go ahead in December despite a third set of solicitors ceasing to act and no sign that the debt management firm will put on evidence. 

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Ord Minnett wins appeal in fight with wealth advisor over wage entitlements

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Stockbroking firm Ord Minnett has overturned a judgment finding it owed years of wages and other entitlements to a wealth adviser who was only paid in commissions.

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Hall & Wilcox accuses Pitcher Partners of negligence over super advice

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Hall & Wilcox has brought proceedings against accounting firm Pitcher Partners, alleging it breached its duty of care by providing negligent advice on late superannuation payments. 

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Landmark win for low-paid McDonald’s workers in FWC

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The workplace umpire has handed a win to over 5,000 McDonald’s workers, in a decision that will force 18 of the fast food giant’s franchisees to the negotiating table for a single enterprise agreement under new laws.

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Katy Perry says Full Court got it right in trade mark spat with designer

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Singer Katy Perry has asked the High Court to uphold the Full Court’s decision to knock out the ‘Katie Perry’ mark of an Australian fashion designer, as it gears up to hear an appeal raising issues about the construction of key provisions of the Trade Marks Act.

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ASIC wants $300M in penalties for forex broker’s ‘egregious’ conduct

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The corporate regulator says defunct forex broker Union Standard and its agents should be hit with $300 million in penalties for their tactics in pressuring customers to trade in risky financial products. 

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