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ACCC says Google’s ‘Oh Shit’ meeting relevant to penalty in location privacy case
ACCC 2021-08-13 4:20 pm By Cindy Cameronne Sydney

The ACCC wants Google to produce documents related to its infamous ‘Oh Shit’ meeting, which the consumer regulator says will be relevant to the tech giant’s state of mind and the judge’s penalty in a case over representations to users about their location data.

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Ex-Maurice Blackburn lawyer not trying to dodge Qantas trial with hospital stay, judge says
Andrew Smorchevsky 2021-08-12 5:53 pm By Cindy Cameronne Sydney

A former Maurice Blackburn lawyer set to give evidence in a suit against Qantas was not “deliberately avoiding” the trial with an extended hospital stay, but “better evidence” was needed for why he was admitted, a judge has said.

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Recovery concerns flagged in CBA class action
CBA 2021-08-12 2:48 pm By Cindy Cameronne Sydney

The applicant in a class action on behalf of hundreds of thousands of Colonial First State Investments customers has raised concerns about whether he can recover compensation from a CBA life insurance unit that was recently sold to a competitor.

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Oaktree unit must join Marlin’s shareholders to $135M breach of warranty case
Bernice Ng 2021-08-11 6:34 pm By Cindy Cameronne Sydney

A unit of Oaktree Capital Management has been ordered to join all former shareholders of consumer brand wholesaler Marlin Brands as defendants in a case over the investment giant’s $200 million acquisition of the company that alleges fraud or wilful deceit on the part of the sellers.

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Baker McKenzie negligent in advising on Chinese lender’s failed Aussie launch, court hears
APRA 2021-08-11 3:57 pm By Cindy Cameronne Sydney

Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.

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Judge won’t allow Ampol on site to rebrand Caltex stores
Anthony McGrath 2021-08-10 6:46 pm By Cindy Cameronne Sydney

Service station giant Ampol has lost its bid to force petrol station chain EG Fuel Co to allow it access to 87 Caltex sites so they can be rebranded to Ampol stations, with a judge finding it would cause EG “obvious disruption”.

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CBA’s head of governance sues bank for threatening to ax her over complaints
CBA 2021-08-10 6:39 pm By Cindy Cameronne Sydney

Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.

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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne Sydney

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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Crown class action over Chinese arrests can’t block SkyCity share price evidence
Class Actions 2021-08-09 5:17 pm By Cindy Cameronne Sydney

SkyCity’s announcement to shareholders about an employee’s interrogation by Chinese gambling authorities made little difference to the NZ casino operator’s share price, Crown Resorts has told a court in expert evidence ahead of a looming class action trial.

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Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
AUSTRAC 2021-08-06 11:17 pm By Cindy Cameronne Sydney

The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can’t agree to “sensible” time limits to ready the case for hearing, noting he would reach retirement age in 2024.

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