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Ned Kelly foundation can’t halt projects at site of outlaw’s last stand
Clayton Utz 2023-07-27 5:37 am By Cat Fredenburgh

The Ned Kelly Centre has come up short in its bid to halt two construction projects at the site of the famed bushranger’s last stand where he was captured by police.

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Select AFSL exec appeals ruling he ‘turned a blind eye’ to unconscionable sales tactics
Anthony Cheshire 2023-07-27 11:58 pm By Cat Fredenburgh

The former director of Select AFSL has appealed a judge’s decision to slap him with a $100,000 penalty and a disqualification order after finding he “turned a blind eye” to the life insurer’s unconscionable phone sales tactics.

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Class action would have been ‘infinitely better’ than COVID-19 insurance test cases, judge says
Allens 2023-07-26 11:24 pm By Cindy Cameronne

A judge overseeing four COVID-19 business interruption class actions has questioned a decision by insurers to use ten test cases to resolve the issue of whether they had to indemnify policyholders instead of a class action, which would have been binding. 

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Facebook owner Meta fined $20M for misleading data privacy app
ACCC 2023-07-26 9:48 am By Cindy Cameronne

A judge has ordered Meta to pay a $20 million penalty for misleading consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private, when in fact it was being collected for commercial use.

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Judge won’t recuse himself from influencer case over ‘neighbourhood dispute’ remark
Christopher Parkin 2023-07-26 11:03 pm By Christine Caulfield

A Federal Court judge has dismissed an application for his recusal on apprehended bias grounds for comments made about the significance of a defamation case against a Sydney seafood restaurant by social media influencers accused of skipping out on the bill for their lobster meal.

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Linchpin liquidators have case against Grant Thornton, Moore Stephens: judge
Accounting 2023-07-26 11:26 pm By Cat Fredenburgh

A judge has found that a case brought by the liquidators of investment firm Linchpin Capital against auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly misused investor money has legs.

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Peloton resolves trade mark case against Mad Dogg on eve of trial
Ashurst 2023-07-26 4:26 pm By Christine Caulfield

Just days before trial, exercise bike giant Peloton Interactive has dropped its lawsuit against California fitness company Mad Dogg Athletics that sought removal of Mad Dogg’s ‘spinning’ trade mark.

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ASIC takes property investment spruiker Sasha Hopkins to court
ASIC 2023-07-26 2:45 pm By Gareth Baker

ASIC is calling for disqualification orders and penalties against property guru Sasha Hopkins, alleging he hawked real estate investment opportunities on social media that raised over $32 million without a licence. 

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Arrium lenders file High Court challenge over directors’ loan drawdowns
Amy Munro 2023-07-25 3:58 pm By Cindy Cameronne

Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse. 

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Vanguard Investments accused of greenwashing in ASIC court action
Article 2023-07-25 2:09 pm By Christine Caulfield

ASIC has brought enforcement action against Vanguard Investments Australia, accusing the investment firm of misleading claims that its ethically conscious hedge fund screened securities for their environmental, social and good governance bona fides.

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