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Legal advice in spotlight as ASIC claims financial services firm diverted funds to limit penalty
Article 2023-05-09 11:28 pm By Gareth Baker Sydney

A court has appointed a referee to examine whether a law firm’s communications with Golden Financial furthered a plan by the financial advisory firm to divert assets to minimise a penalty sought by the corporate regulator in the first case alleging a breach of the so-called best interest duty.

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Tinkler case against Mach Energy dismissed after security for costs goes unpaid
Ben Hancock 2023-05-09 4:09 pm By Christine Caulfield

A lawsuit by the companies of mining executive Nathan Tinkler against MACH Energy alleging misuse of confidential information has been tossed after the deadline for paying security for costs came and went.

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Noumi class action judge questions ‘unusual’ privilege bid over docs seen by Ashurst, PwC
Alistair Pound 2023-05-08 10:20 pm By Cindy Cameronne Sydney

A judge has questioned an “unusual” bid by Noumi to shield over 3,000 documents, their titles and the identities of those who sent them to PricewaterhouseCoopers during a 2020 investigation into the food company’s financial position.

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Sally Rugg settles suit against MP Monique Ryan
Angel Aleksov 2023-05-08 11:06 pm By Cat Fredenburgh

Independent Monique Ryan’s ex-chief of staff Sally Rugg has reportedly settled her Fair Work case against her former employer and the Commonwealth for $100,000, in what was billed as a test case for determining reasonable overtime.

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Hastie liquidators appeal dismissal of $63M case against major builders
Adele Carr 2023-05-08 3:59 pm By Sam Matthews Melbourne

The liquidators of failed engineering company Hastie Group have appealed a decision that knocked out half its $120 million case against Multiplex, Lendlease and numerous other builders.

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Judge frowns on Invisalign’s lawsuit against SmileDirectClub
Competition & Consumer Protection 2023-05-08 1:08 pm By Sam Matthews Melbourne

Dental aligner maker Invisalign has lost its case accusing competitor SmileDirectClub of misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits

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‘Don’t even waste my time’: Judge trashes NSW’s bid for messages in music festival class action
Alexander Edwards 2023-05-05 2:42 pm By Cindy Cameronne Sydney

A judge has criticised a bid by the NSW government to access seven months of messages relating to drugs by the lead plaintiff in a class action over allegedly illegal strip searches at a Byron Bay music festival, saying they seemed “wholly irrelevant” to the case. 

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In class action defence, Apple says App Store commissions the price to pay for innovation
Allens 2023-05-05 3:16 pm By Sam Matthews Melbourne

Apple has denied it engaged in anti-competitive conduct in operating its App Store in a class action brought over allegedly inflated commissions on certain apps and in-app purchases.

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Melissa Caddick’s parents, receivers strike deal over Edgecliff property
ASIC 2023-05-05 4:12 pm By Cindy Cameronne Sydney

The parents and receivers for accused Sydney fraudster Melissa Caddick have reached a deal over a multi-million dollar property in Sydney’s East, but the compromise remains to be blessed by out-of-pocket investors.

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Racing Victoria planned agreement to ‘seriously breach’ competition laws, court hears
Ashurst 2023-05-04 11:01 pm By Cindy Cameronne Sydney

Racing NSW has accused its Victorian counterpart of planning an anti-competitive agreement with five other states to exclude it from the thoroughbred racing industry, as it seeks documents to bring potential claims.

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