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TerraCom continues fight to keep PwC report from ASIC investigators
Appeals 2022-04-08 5:06 pm By Miklos Bolza

Coal mining firm TerraCom has taken its bid to shield a PricewaterhouseCoopers report from ASIC to the Full Court, appealing a judgment which found the regulator could view the report because of public statements made by the company.

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Priceline class action discontinued after funder bows out
Class Actions 2022-04-08 9:38 pm By Cindy Cameronne

A judge has approved a bid by group members to discontinue a class action alleging pharmacy giant Priceline exercised an “overly prescriptive level of control” on franchisees which limited their profitability, saying it was unlikely to succeed with a litigation funder.

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Telstra hits back at Queensland silk who lost phone numbers in NBN transfer
Anthony Morris 2022-04-08 3:54 pm By Miklos Bolza

Telstra has denied that it is liable to compensate a Queensland barrister who lost his phone numbers in an NBN transfer, arguing that it was the silk’s decision to terminate his contract with the company.

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Nine denies discrimination in class action over $30M Palm Island settlement coverage
Class Actions 2022-04-08 10:15 pm By Cindy Cameronne

Nine has hit back at a class action by Indigenous Australians who say the broadcaster’s coverage of a $30 million class action settlement with the Queensland government for alleged police misconduct during the 2004 Palm Island riots was discriminatory and inaccurate, saying it reported the events “fairly and accurately”.

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Toyota could owe $2B in class action after judge finds cars were defective
Anais d'Arville 2022-04-07 3:15 pm By Miklos Bolza

Toyota could owe close to $2 billion in compensation to 260,000 car owners after a judge found that diesel filters installed in its Hilux, Fortuner and Prado models were defective and that the cars were sold for more than they were worth.

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Settlement reached in class action against trustee of collapsed IPO Wealth
Class Actions 2022-04-07 6:50 pm By Christine Caulfield

The trustee of Mayfair Group’s collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.

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‘Cranky’ judge slams ‘nonsense’ quibbling in cavoodle defamation case
Bird & Bird 2022-04-07 4:06 pm By Cindy Cameronne

A judge has barked at lawyers for Nine and a barrister who sued the media company for defamation over its coverage of her battle for custody of famed social media pooch Oscar the cavoodle, saying their “nonsense” quibbling was making him “cranky”.

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Judge signs off on $1.5M penalty against Westpac for unsolicited insurance
Allens 2022-04-07 6:03 pm By Cat Fredenburgh

A judge has hit Westpac with a $1.5 million penalty for misleading 141 customers into believing they had purchased add-on insurance.

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Nurofen maker Reckitt-Benckiser loses High Court appeal bid in Maxigesic feud
Alastair Vincent 2022-04-07 1:54 pm By Christine Caulfield

The High Court has rejected a special leave application by consumer goods giant Reckitt-Benckiser in its long-running battle with the maker of painkiller Maxigesic.

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IAG investigates underwriter accused of issuing unauthorised Greensill policy
Amelia Smith 2022-04-07 9:53 pm By Miklos Bolza

Insurance Australia Group is investigating the underwriter behind an allegedly unauthorised trade credit policy issued to Greensill Capital, according to a defence by the insurer in a $43 million case brought by a Credit Suisse supply chain fund left heavily exposed after Greensill’s collapse.

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