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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Corporate 2018-09-25 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.

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ASIC may take banks on for sluggish reporting of breaches
Financial Services 2018-09-25 3:55 pm By Cat Fredenburgh

ASIC said it is considering enforcement action against companies that fail to detect and report breaches of the law in a timely manner, after a damning report found the major banks take more than four-and-a-half years on average to spot a breach.

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Ashurst investigation docs sought in Bechtel same-sex harassment suit
Ashurst 2018-09-25 12:53 am By Cat Fredenburgh

A Bechtel worker who claims his genitals were groped by a male employee and that the construction giant discriminated against him by failing to take the same-sex harassment seriously has sought documents from an internal investigation by Ashurst into the matter.

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Aussie wine label regime floated to fight copycats
Food and Beverage 2018-09-24 11:30 pm By Cat Fredenburgh

The Department of Agriculture and Water Resources has proposed a wine label directory meant to safeguard the intellectual property of Australian wine makers by making it easier to detect and bring lawsuits against copycats.

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AMP admits to one bad apple in ASIC insurance rewriting case
Clayton Utz 2018-09-24 9:25 pm By Christine Caulfield

AMP’s financial planning unit has shot back at allegations by the corporate watchdog that a group of planners engaged in so-called life insurance rewriting, admitting only that one of its army of advisers broke the law. 

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Rio Tinto unit can keep $86M owed to Forge Group in set-off win
Brahma Dharmananda 2018-09-24 4:31 pm By Miklos Bolza

A unit of Rio Tinto has won an appeal allowing it to avoid an $86 million payment owed to failed mining services company Forge Group Power.

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ACCC to review Knauf’s $US7B takeover of USG
Competition & Consumer Protection 2018-09-24 4:15 pm By Cat Fredenburgh

The ACCC is reviewing two deals that would give Germany-based construction giant Knauf a bigger share of the market for construction materials in Australia.

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Director booted from board for missed meetings loses court challenge
Corporate 2018-09-24 1:46 pm By Cat Fredenburgh

A director of an energy company who was kicked off the board of directors for missing too many meetings has lost a Federal Court challenge to his dismissal.

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IVF law discriminates against married woman with estranged husband, judge finds
Healthcare 2018-09-22 3:32 pm By Christine Caulfield

A Victorian woman can undergo IVF treatment using donor sperm without the consent of her estranged husband, the Federal Court has ruled, finding a state law that forced her to get the OK from her spouse breached federal discrimination laws.

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WorkPac, other labour hire cos. face class actions by casual miners
Adero Law 2018-09-21 11:31 pm By Christine Caulfield

Four labour hire companies are the new targets of class actions by thousands of casual miners who claim they were entitled to accrued leave in the wake of a landmark court ruling.

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