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ASIC drops criminal probe into AMP over fees for no service conduct
AMP 2021-07-16 2:24 pm By Cat Fredenburgh Melbourne

The Australian Securities and Investments Commission has dropped its criminal investigation of AMP over its fees-for-no-service conduct which was aired during the banking royal commission.

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Settlement reached in Takata airbags class actions
Allens 2021-07-13 11:55 pm By Cat Fredenburgh Melbourne

Six of the world’s largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.

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Tabcorp suing ATO over $538M in deductions
Article 2021-07-13 3:15 pm By Cat Fredenburgh Melbourne

Tabcorp and its Tatts unit have filed three proceedings against the ATO this year, with the gambling giants asking the court to allow a total of $538 million in deductions for gambling licences in three states over three financial years.

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Law firms reverse course on novel alternative to beauty parade in Allianz class actions
Christopher Withers 2021-07-13 1:13 pm By Cat Fredenburgh Melbourne

Two law firms running competing class actions against insurance giant Allianz have dropped a plan to resolve the duplication by jointly running just one of the cases, opting for consolidation instead.

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Barilaro plans ‘wholesale attack’ on Youtuber Jordan Shanks’ truth defence
Christopher Parkin 2021-07-09 2:47 pm By Cat Fredenburgh Melbourne

NSW Deputy Premier John Barilaro will seek to strike out YouTube star Jordan Shanks’ defence to a defamation lawsuit which argues the imputation that the Nationals leader is a “corrupt conman” is substantially true.

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Dixon Advisory to pay $7.2M for violating best interests duty
ASIC 2021-07-09 10:37 am By Cat Fredenburgh Melbourne

Dixon Advisory has agreed to pay a $7.2 million penalty after admitting to ASIC’s allegations that it failed to act in its clients’ best interests on 53 occasions.

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Apple will take fight with Epic Games to the High Court
ACCC 2021-07-09 9:53 am By Cat Fredenburgh Melbourne

Apple plans to appeal the Full Federal Court’s decision that Epic Games’ misuse of market power lawsuit over it App Store terms should be heard in Australia because the case raises issues of “fundamental public interest”.

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Tradie briefs not the ‘Aussiest undies ever’ but made in China, rival says
Competition & Consumer Protection 2021-07-08 9:08 pm By Cat Fredenburgh Sydney

The company that manufactures men’s briefs under the brand name Tradie is being sued by a rival, alleging it misled consumers by claiming the underpants were the “Aussiest undies ever”.

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Instagoods takes trade mark fight with Instagram to Federal Court
Davies Collison Cave 2021-07-08 3:49 pm By Cat Fredenburgh Sydney

Retail tech and dating start-up Instagoods has appealed a successful challenge of its Instadate trade mark registration by social media giant Instagram.

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Forum Finance boss headed back to Australia to face $263M fraud claims, court hears
Andrew Hourigan 2021-07-07 4:51 pm By Cat Fredenburgh Melbourne

The director of Forum Finance, which has been accused by Westpac and Societe Generale of a $263 million fraud, is in Europe and will return to Australia over the weekend, although he has refused to tell his lawyer his exact location, a court has heard.

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