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Toll can’t escape worker’s second case over right to convert to full-time
Employment 2018-07-03 10:23 pm By Miklos Bolza

Toll Transport has lost a bid to dismiss a second proceeding brought against it by a freight handler who last year won the right to convert from a casual to a full-time position in a precedent setting ruling.

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Chinese food retailer Winha settles case with ASX over delisting threat
Herbert Smith Freehills 2018-07-03 10:01 pm By Christine Caulfield Melbourne

China-based food retailer Winha Commerce has settled legal action it launched against the Australian Stock Exchange over ASX’s threats to delist the company.

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ASIC sues financial advisor over $1.4M loan scam
Financial Services 2018-07-03 9:55 pm By Miklos Bolza Sydney

The Australian Securities and Investments Commission has taken Queensland firm Refocus Financial Group to court for allegedly co-opting over $1.4 million in client loans for personal and business use.

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Sydney magistrate settles defamation case against radio station
Banki Haddock Fiora 2018-07-03 9:46 pm By Miklos Bolza Sydney

Sydney magistrate Joan Baptie has agreed to settle a defamation case brought against the owner of radio station 2GB after an on-air apology by host Ben Fordham.

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Goldman Sachs deal with ASIC to keep lawyers busy
Financial Services 2018-07-02 11:58 pm By Cat Fredenburgh Melbourne

Goldman Sachs has agreed to involve more lawyers in its capital markets transactions communications, after the Australian Securities and Investments Commission raised concerns about representations made during a Healthscope block trade managed by the US investment bank. 

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ASIC opens Whitebox trial, keeps judge on toes
Article 2018-07-02 11:06 pm By Miklos Bolza Sydney

The trial in ASIC’s complex share market manipulation action against Whitebox Trading began Monday, with an opening submission by the corporate regulator that at times had even the presiding judge scratching his head.

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V Energy maker sees red, loses colour trademark battle with Coke
Article 2018-07-02 10:39 pm By Christine Caulfield Melbourne

The maker of V Energy drinks has lost a fight to trademark the shade of green used on its cans and labels, with a judge agreeing with rival Coca-Cola that the colour was descriptive, not distinctive.

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Cash Converters must answer questions on tax treatment of brokerage fees
Class Actions 2018-07-02 10:30 pm By Cat Fredenburgh Melbourne

A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new class action allegations that the brokerage fees it charged individuals who took out pay day loans were actually for services it received.

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Commonwealth Bank hit with new class action over money-laundering breaches
Article 2018-07-02 4:00 pm By Cat Fredenburgh Melbourne

Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.

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Saputo unit agrees to fix contract terms after ACCC raises concerns
Agriculture 2018-07-02 2:05 pm By Cat Fredenburgh Melbourne

A unit of dairy giant Saputo has agreed to amend the terms of its contracts with dairy farmers, in the wake of calls by the ACCC for a mandatory code of conduct to level the playing field between dairy farmers and milk processors. 

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