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Kahlbetzer family wins $30,000 lawsuit against sacked investment manager
Employment 2022-07-18 11:48 am By Cindy Cameronne

A court has ordered a consultant at Kahlbetzer family investment vehicle Twynam Investments to pay a $30,000 judgment for allegedly breaching confidentiality obligations in her contract. 

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BMW’s finance arm secures order against Forum Group for red Ferrari
Financial Services 2022-07-18 4:32 pm By Christine Caulfield

The finance arm of luxury car maker BMW has been given the greenlight to repossess a red 2019 Ferrari 488 Pista Coupe purchased by alleged fraudster Bill Papas’ defunct Forum Group.

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Sleeping Virgin flight attendant’s dismissal harsh and unfair, FWC says
Aviation 2022-07-15 11:19 pm By Christine Caulfield

A long-serving Virgin Australia flight attendant who was found sleeping on the job was unfairly sacked given the length of her employment with the airline, the Fair Work Commission has found.

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Seven files ‘urgent’ lawsuit over Commonwealth Games software
Contracts 2022-07-15 10:45 pm By Cindy Cameronne

Broadcaster Seven has filed court proceedings against a production firm it partners with to broadcast the Olympic Games for allegedly refusing to hand over software it needs for the upcoming Commonwealth Games.

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Bayer wants to amend Xarelto patent at centre of Sandoz’s invalidity claim
Ashurst 2022-07-15 11:37 am By Christine Caulfield

German pharmaceutical giant Bayer, which is facing a legal bid by generic drug maker Sandoz to invalidate patents covering blood clot drug Xarelto, is seeking to amend one of the patents in dispute.

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Dentons recruits Holding Redlich construction expert ahead of Olympics
Business of Law 2022-07-15 12:59 pm By Sam Matthews

Dentons has picked up a partner from Holding Redlich to bolster its construction practice ahead of the 2032 Olympic Games in Brisbane.

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‘No relationship’ with reality: Judge rails against ‘grossly inflated’ security estimate
Construction 2022-07-14 5:00 pm By Cindy Cameronne

A judge has slammed a “grossly inflated” estimate of legal costs relied on during a security for costs bid by non-bank lender Aquamore Finance in an appeal over a commercial loan accruing compound interest of 79 per cent per year.

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ACCC blesses Aurizon, One Rail merger with sale of east coast assets
Article 2022-07-14 1:27 pm By Christine Caulfield

The Australian Competition and Consumer Commission has given the OK to Aurizon’s proposed $2.3 billion acquisition of rail haulage company One Rail, after accepting a court-enforceable undertaking from Aurizon to sell One Rail’s east coast business.

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Reflex fails to prove invalidity of Globaltech patent for devices sold to Boart Longyear
Adrian Ryan 2022-07-14 2:03 pm By Cindy Cameronne

Technology company Reflex Instruments has lost its challenge to rival Globaltech’s patent for two mining survey tools, with a judge finding Reflex had not established the technology wasn’t novel and lacked an inventive step.

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Online trader shut down following ASIC probe into ‘concerning consumer losses’
ASIC 2022-07-14 9:58 pm By Sam Matthews

Online trading platform Trade360 will close shop at the end of the month, following an ASIC investigation that found its representatives at an offshore call centre provided personal advice to clients which the company was not licensed to give.

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