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INPEX, JKC settle spat over $45B Ichthys LNG project
Allen & Overy 2022-01-19 11:12 am By Bianca Hrovat Sydney

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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‘Bad faith, deception, unfair pressure’: 4WD rental company fined $1.2M for unconscionable conduct
ACCC 2021-04-15 9:56 pm By Miklos Bolza Sydney

A judge has slapped a 4WD rental company that made “harsh and unjustified threats” against customers who challenged its decision to retain their security deposits with a $1.2 million fine.

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ASIC wins winding up orders against accused Ponzi schemer Chris Marco
ASIC 2020-12-07 9:26 pm By Christine Caulfield Melbourne

A judge has ordered the winding up of a managed investment scheme operated by Perth businessman Chris Marco and his company AMS Holdings after investors allegedly lost more than $200 million.

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Criminal charges ‘on the cards’ for WA businessman Chris Marco, court told
ASIC 2020-05-27 9:52 pm By Christine Caulfield Melbourne

Accepting that criminal proceedings were “on the cards” for accused Ponzi schemer Chris Marco, a judge has ordered the appointment of receivers to his assets and those of his company, AMS Holdings, saying there was a strong need for an independent assessment of the investment activities of the WA businessman.

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ACCC can pursue car rental company for threatening customers despite liquidation
ACCC 2020-03-12 4:38 pm By Christine Caulfield Sydney

The ACCC has been given the go-ahead to continue its regulatory action against car rental company Australian 4WD Hire over allegedly threatening emails, three months after the firm went into voluntary liquidation.

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Car rental company ordered to recover deleted emails in ACCC case
Competition & Consumer Protection 2019-10-17 3:51 pm By Miklos Bolza Sydney

Car rental company Australian 4WD Hire will need to take steps to recover deleted, allegedly threatening emails after a court found it had not complied with its discovery obligations in an unconscionable conduct case brought by the consumer regulator.

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