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The former chief financial officer of Big Un has become the third person to be charged with insider trading connected to shares in the defunct video producer.
Armaguard, Prosegur merger wins clearance from ACCC with conditions
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Armaguard and rival Prosegur have secured authorisation for their proposed merger from the ACCC, which has found the likely reduction in competition in the cash transport industry was outweighed by the public benefits of the transaction.
Insurers ‘can’t say’ if they will cover Blue Sky class action claims
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A judge has avoided a fight “with the High Court written all over it” over whether an investor class action against Blue Sky Alternative Investments and auditor EY can join four insurers to the case.
Colonial can’t shield lawyer emails due to class action applicant’s ‘joint privilege’
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Wealth management firm Colonial First State has lost its bid to shield emails with internal counsel about investment options for its FirstChoice super fund after a judge found a class action applicant had joint legal professional privilege.
ATO prevails against Binetter company as new evidence reveals ‘extraordinary deceit’
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The Australian Taxation Office has won a long-running case over an international tax evasion scheme by a company linked to the Binetter family after uncovering evidence showing earlier judgments were secured by fraud.
PwC client suing for negligence agrees to keep Hawthorn property off market
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A former PricewaterhouseCoopers client who is suing the accounting firm over the $88 million sale of wholesale food company Hudson Pacific to Retail Food Group in 2016 has agreed to keep a Melbourne property off the market, but the company has not ruled out a bid for security for costs.
Law firm can’t stop solicitor from opening rival practice within 50km
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A regional law firm has lost its bid to bar a former employee from opening a rival practice within a 50 kilometre radius of its offices while its case is ongoing, with a judge saying the case raised a “real issue” of reasonableness, especially in light of a lawyer shortage in the town.
Ten can’t question Lehrmann on leaks of Brittany Higgins material
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Ten has failed in a push to question Bruce Lehrmann on whether he leaked restricted material produced during the accused rapist’s criminal trial to select media, as it defends itself against his defamation case, with a judge saying the network was “fishing”.
Suncorp admits to underpaying workers by $32M
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Insurers Suncorp and AAMI have back-paid $32 million to thousands of employees who were underpaid over a period of almost eight years. The insurers will also make a $520,000 contrition payment to the Commonwealth as part of an enforceable undertaking entered…
‘It’s a disaster’: Judge questions $11M settlement in Aveo class action
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A judge has questioned an $11 million settlement in a class action against retirement village provider Aveo, resolving to appoint a contradictor and a costs referee amid a dispute between the plaintiff law firm and its litigation funder, which the court heard has “grave concerns” about the costs incurred in the case.