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ASIC takes action against ex-Freedom Insurance boss over Vespa sales incentive
ASIC 2021-10-25 9:50 pm By Christine Caulfield

The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.

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Injunction extended in ACCC’s challenge to Virtus’ acquisition of Adora
ACCC 2021-10-25 3:13 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has won an injunction to stop Virtus from completing the purchase of rival Adora Fertility until a court has ruled on the competition regulator’s challenge to the acquisition. 

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Ex-Rentokil employee denies fraudulent scheme led to $3.2M payment
Clayton Utz 2021-10-25 1:58 pm By Miklos Bolza

An ex-Rentokil supply manager has admitted that payments from the pest control company totalling $3.2 million were sent to his bank accounts but has denied this was part of a fraudulent invoicing scheme.

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Arrium class action plaintiffs can’t delay hearing on group costs order
Ashurst 2021-10-22 3:01 pm By Miklos Bolza

The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.

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All HWL Ebsworth partners to be named in ex-partner’s $4.4M lawsuit
Bridges Lawyers 2021-10-22 2:29 pm By Miklos Bolza

A judge won’t make HWL Ebsworth managing partner Juan Martinez the representative defendant in a former partner’s $4.4 million lawsuit against the firm, saying Martinez’ interests and those of the other partners could diverge.

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Christian Porter, Sue Chrysanthou fight $550,000 legal bill
Callan O’Neill 2021-10-22 9:16 pm By Cindy Cameronne

Christian Porter and silk Sue Chrysanthou are fighting a $550,000 legal bill of Jo Dyer, a friend of the woman who accused Porter of rape, after she succeeded in having the barrister removed from the former attorney-general’s defamation lawsuit against the ABC.

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Agrison to pay $284,000 for misleading warranty representations
ACCC 2021-10-22 6:40 pm By Miklos Bolza

Agricultural equipment supplier Agrison has been ordered to pay a $220,000 pecuniary penalty after admitting to misleading its customers about the terms of its tractor warranties.

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Plastic surgeon and TikTok celeb can’t stop ABC from airing Four Corners episode
ABC 2021-10-21 4:36 pm By Christine Caulfield

A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.

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Judge extends asset freeze over iSignthis CEO in $10M stoush with tax office
ATO 2021-10-21 3:39 pm By Christine Caulfield

A judge has extended by a week a freezing order over the assets of ISignthis CEO John Karantzis in a dispute with the Australian Taxation Office over a $10.7M alleged tax debt, but a bid to extend the scope of the order to include shares in a Cyprus-based company launched by the fintech businessman has failed for now.

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Ian Macdonald, Obeids sentenced to jail time for bid-rigging conspiracy
April Francis 2021-10-21 6:13 pm By Miklos Bolza

Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go to jail for a non parole period of three years for their conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.

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