Claims against PwC trimmed in class action over $50M Axsesstoday bond prospectus

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The applicant in a class action against PricewaterhouseCoopers over a $50 million bond prospectus for asset finance lender Axsesstoday has dropped claims accusing the accounting giant of being involved in the company’s alleged misrepresentations.

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Tabcorp locked in billion-dollar court battle with ATO

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Tabcorp and Tatts Group have brought eight proceedings against the Australian Tax Office over more than a billion dollars in deductions for fees to gambling authorities in four states.

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Forum Finance liquidators win court ok to sell $1.2M luxury yacht

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Liquidators for Forum Finance have won court approval to sell a $1.2 million Mangusta luxury yacht as well as 12 properties owned by various companies within the Forum Group.

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WA government to face class action by juvenile detainees

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The Western Australian government will soon be hit with a class action on behalf of young people who allegedly suffered mistreatment while in juvenile detention, including excessive solitary confinement, improper living conditions and discrimination.

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BlueScope meeting with rival steel distributors ‘potentially illegal’, exec tells court

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BlueScope Steel general manager Jason Ellis wanted no record kept of a meeting with four of the company’s competing steel distributors and warned his national sales manager to keep the talks under wraps, a court hearing the ACCC’s price-fixing case was told on Thursday.  

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Aveo class action judge tells parties to stop ‘stalling’ as he rules against loss hearing

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A judge has questioned why a class action against Aveo Group has “stalled” after tossing the retirement home provider’s bid to determine group members’ loss in a preliminary hearing, saying the questions in the case could not be “neatly separated”.

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Westpac settles case by senior exec who made whistleblower complaint to CEO

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Westpac has reached a settlement in a case brought by a former longtime employee and whistleblower who claimed the banking giant dismissed her in retaliation for complaints about its compliance failings.

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Finish Powerball maker wants to derail competitor’s launch, court hears

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An urgent injunction sought by the makers of Finish dishwashing products to remove Henkel Australia’s flagship product from supermarket shelves could derail the launch of Somat-branded products in Australia, a court has heard.

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Instagram takes offensive in trade mark battle with Instagoods

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Social media giant Instagram has accused Australian retail tech and dating startup Instagoods of “flagrant” trade mark infringement and breaches of the Australian Consumer Law, as an intellectual property stoush between the companies heats up.

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