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

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

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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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 Sydney

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

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 Melbourne

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

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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Novartis can’t appeal loss of experts in MS drug patent feud with Pharmacor
Appeals 2022-04-07 12:29 pm By Christine Caulfield Melbourne

The Full Federal Court won’t give Swiss pharmaceuticals giant Novartis the chance to appeal a ruling that threw out three of its four experts in a patent case against generic drug maker Pharmacor.

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PwC can’t ‘rout’ documents through ‘postbox’ lawyer to secure privilege, court finds
Accounting 2022-04-06 5:52 pm By Miklos Bolza Sydney

Advice from non-lawyers and “routed” through a legal practitioner at multidisciplinary partnership PricewaterhouseCoopers cannot be shielded under legal professional privilege, the Federal Court has found.

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Court to probe if 7-Eleven class action funder, law firm had deferred fee arrangement
7-Eleven 2022-04-06 11:50 pm By Christine Caulfield Melbourne

A marathon hearing of an application for court approval of a $98 million settlement in two 7-Eleven class actions has ended with a judge taking the rare step of signing off on the settlement amount while withholding approval of the legal costs and funding commission.

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Victorian gambling regulator takes disciplinary action against Crown Melbourne
Class Actions 2022-04-06 4:09 pm By Cindy Cameronne Sydney

The Victorian Gambling and Casino Control Commission has commenced disciplinary proceedings against Crown Melbourne after a royal commission found the casino operator enabled the illegal transfer of funds from China.

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