Mayne can advance damages case against Cosette over $672M merger debacle

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US-based drug maker Cosette has lost its bid to stay proceedings alleging it induced the treasurer to reject its $672 million tie-up with Mayne Pharma, with a judge finding Mayne has a right to prosecute its case and would be prejudiced by the delay. 

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ARN flags cross-claim against Kyle Sandilands in $100M contract spat

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ARN has flagged it might file a cross-claim against Kyle Sandilands seeking the repayment of his earnings in response to the shock jock’s suit challenging its decision to scrap his 10-year $100 million contract with the network.

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Wisetech’s Richard White sued by former Kyckr CEO

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The ex-CEO of Richard White’s anti-money laundering software company Kyckr has accused the Wisetech chair of misleading and deceptive conduct, but a judge has told her to go back to the drawing board and replead her claims.

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AFL ‘worked closely’ with Luke Sayers to exonerate him, court told

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The estranged wide of former Carlton president and PwC chief executive officer Luke Sayers says the AFL failed to follow its own protocol in investigating the posting of an explicit image to her husband’s X account.

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Court strikes out Google ad tech class action’s claims against Alphabet

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A judge has struck out claims against Google’s parent company Alphabet in a class action alleging the digital giant abused its dominance in digital advertising, finding they were “ambiguous”. 

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Binance Australia Derivatives fined $10M for offering ‘risky’ crypto products to retail customers

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A judge has slapped defunct crypto firm Binance Australia Derivatives with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors. 

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$100M penalties for petrol price misconduct as war’s oil shock bites

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Parliament has rushed through legislation doubling penalties against petrol companies for pricing misconduct to $100 million, as prices skyrocket due to the ongoing conflict in the Middle East. 

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Judge ‘affronted’ by NT remote housing class action solicitor’s affidavit

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A judge has disregarded submissions by a class action solicitor appearing to critique the court’s exercise of its procedural powers, “affronted” that the lawyer seemed to suggest she needed to be “educated”.

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WA appeals court upholds toss of defamation suit over lack of concerns notice

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The WA Court of Appeal has upheld the dismissal of a defamation case after the plaintiff failed to issue a concerns noting before bringing proceedings, resolving a novel question about the application of NSW law in the state.

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