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Ex-Provident Capital director can appeal ASIC ban
Financial Services 2018-03-07 1:39 pm By Cat Fredenburgh Melbourne

The former head of collapsed debenture firm Provident Capital has gotten court approval to appeal a ruling banning him from managing companies.

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GSK, Novartis concede more ground in ACCC’s Voltaren case
Bird & Bird 2018-03-06 8:07 pm By Cat Fredenburgh Melbourne

GlaxoSmithKline and Novartis have made another admission in a case brought by the ACCC alleging the drug giants made misleading claims in marketing their Voltaren Osteo Gel and Voltaren Emulgel pain relief products.

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FWC allows CFMEU merger to go ahead
Construction 2018-03-06 4:00 pm By Cat Fredenburgh Melbourne

The Fair Work Commission has given the go-ahead to the proposed merger of the Construction, Forestry, Mining and Energy Union with two other unions, a marriage that will result in a powerhouse union with over 144,000 members.

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The Reject Shop fined over dangerous projectile toys
Competition & Consumer Protection 2018-03-05 1:07 pm By Cat Fredenburgh Melbourne

The Reject Shop has agreed to pay a penalty of $140,000 and will refund customers who purchased projectile toys that violate consumer protection laws. 

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Reckitt Benckiser appeals Nurofen loss
Competition & Consumer Protection 2018-03-05 11:44 am By Cat Fredenburgh Melbourne

Reckitt Benckiser has filed an appeal against GlaxoSmithKline, after a judge found the consumer goods giant misled consumers with claims that Nurofen was a more effective pain killer than its rival’s Panadol and ordered it to pay all of GlaxoSmithKline’s legal bill.

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Murray Goulburn class goes digging for Herbert Smith docs
Agriculture 2018-03-02 7:21 pm By Cat Fredenburgh Melbourne

Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative’s trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.

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ASIC sues Rio Tinto and former execs
Energy & Natural Resources 2018-03-02 4:05 pm By Cat Fredenburgh Melbourne

The Australian Securities and Investments Commission has lodged a case in Federal Court against Rio Tinto, its former CEO and former CFO over allegedly misleading market statements it made about the reserves of a recent $4 billion acquisition, a controversy that has already landed the mining giant in hot water with regulators in the UK and US.

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ACCC serves Woolworths suit over ‘eco’ plates
Competition & Consumer Protection 2018-03-02 1:44 pm By Cat Fredenburgh Melbourne

Australia’s consumer regulator has taken Woolworths to court, saying it made deceptive claims to consumers about the biodegradability of its ‘eco’ line of picnic products. 

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Vocation training head to pay Nationwide bill in defamation case
Media 2018-03-02 1:17 pm By Cat Fredenburgh Melbourne

A judge has ordered the former head of collapsed vocational training organisation Australian Careers Network to foot the legal bill of Nationwide News, likely to exceed $ 1 million, for a defamation case he brought and lost.

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Maurice Blackburn faces referee over fees in QBE class action
Allens 2018-03-02 10:57 am By Cat Fredenburgh Melbourne

A judge has called for a referee to look at Maurice Blackburn’s fees for running a shareholder class action against QBE Insurance that settled late last year for $133 million. 

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