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Westpac sued by ASIC for ignoring financial hardship claims
Article 2023-09-05 6:38 am By Christine Caulfield

ASIC has brought court action against Westpac for allegedly dropping the ball on financial hardship claims by customers, some of whom had property seized or declared bankruptcy while waiting for a response from the Big Four bank.

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Tyro lawsuit accuses authorised rep of pushing competing EFTPOS product
Contracts 2023-09-04 2:54 pm By Cat Fredenburgh

Fintech Tyro has taken an authorised representative to court for allegedly breaching its contractual obligations by pushing a competing payment system on merchants.

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Roberts-Smith’s case an abuse of process, Fairfax tells court in costs bid
Arthur Moses 2023-09-04 2:11 pm By Christine Caulfield

Former SAS soldier Ben Roberts-Smith should pay all costs reasonably incurred by Fairfax in successfully defending itself in his defamation case, which took more than 100 trial days and was an abuse of process, a court has heard.

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Lights out on Hanhwa’s solar cell patent infringement suit
Christian Dimitriadis 2023-09-01 11:57 pm By Christine Caulfield

A solar cell patent at the heart of intellectual property litigation brought by South Korean technology giant Hanwha has been found invalid.

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ACCC to seek $250M penalty against Qantas in flight cancellation case
ACCC 2023-09-01 11:55 pm By Cat Fredenburgh

The ACCC will seek a record penalty of more than $250 million against Qantas for selling tickets on cancelled flights, saying companies were not “sufficiently” scared of the consequences of misleading consumers.

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Despite conflicts, ASIC loses fight over insolvency partners’ remuneration
Agriculture 2023-09-01 11:04 pm By Christine Caulfield

Two former Ferrier Hodgson partners had conflicts of interest when they accepted appointments as administrators of a failed pig farm operation, an appeals court has found, but their remuneration won’t take a hit as a result.

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Westpac reaches $750,000 settlement with Forum Finance director’s father
Catherine Hamilton-Jewell 2023-09-01 10:32 pm By Cat Fredenburgh

Westpac has settled its claims against the father of Forum Finance director Vince Tesoriero, who along with fellow director Bill Papas is accused of perpetrating a $400 million fraud against the bank to fund their lavish lifestyles.

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Banksia senior barrister belatedly struck from roll in South Australia
Business of Law 2023-08-31 11:18 pm By Christine Caulfield

Disgraced Banksia class action barrister Norman O’Bryan has been struck from the roll of legal practitioners in South Australia for his part in what has been described as the darkest chapter in Victoria’s legal history.

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ASIC takes funeral insurance company executives to court
Article 2023-08-31 11:16 pm By Christine Caulfield

The Australian Securities and Investments Commission has launched legal action against five former directors and officers of defunct funeral insurance firm Youpla Group.

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Government brings $325M High Court challenge over generic Plavix ban
Alison Hammond 2023-08-31 4:18 pm By Cindy Cameronne

A 16-year battle between the federal government and drug maker Sanofi-Aventis over an allegedly unjustified court order that prevented the release of a generic version of blockbuster blood-thinner Plavix has gone to the High Court.

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