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Ernst & Young named as defendant in third Quintis class action
Article 2018-05-25 2:53 pm By Christine Caulfield Melbourne

Troubled sandalwood oil producer Quintis has been hit with a third class action over the company’s lost contract with Nestle unit Galderma, and this time its auditor, Ernst & Young, has been named as a co-defendant.

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Woolworths, Lowe’s settle dispute over hardware store joint venture
Consumer Goods 2018-05-25 12:19 pm By Cat Fredenburgh Melbourne

A settlement has been reached in a lawsuit between Woolworths and US home improvement giant Lowe’s over a failed joint venture for a chain of hardware stores in Australia.

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AMP appoints new GC to replace ousted Brian Salter
Article 2018-05-24 10:35 pm By Christine Caulfield Melbourne

AMP’s group company secretary David Cullen has been appointed top in-house lawyer, replacing Brian Salter, who was sacked for his role in the fees-for-no-service scandal.

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Fox Symes pays up over misleading ’15 second approval’ ad
Article 2018-05-24 10:27 pm By Christine Caulfield Melbourne

Debt management firm Fox Symes will pay $37,800 in penalties for misleading advertising, including its promise that customers could secure lending approval in 15 seconds.

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Bega ratchets up claims in peanut butter feud with Kraft
Addisons 2018-05-24 9:49 pm By Cat Fredenburgh Melbourne

Bega Cheese has brought new allegations against Kraft in their dispute over who owns the rights to the signature Kraft peanut butter packaging in Australia.

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Cash Converters pays $650,000 for breaking debt collection rules
Article 2018-05-24 5:18 pm By Miklos Bolza Sydney

Cash Converters has agreed to pay $650,000 in a settlement with ASIC after the regulator found the retail pawnbroker routinely breached guidelines governing debt collection.

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Westpac’s conduct ‘unconscionable’, but no BBSW rate-rigging, judge says
Allens 2018-05-24 3:51 pm By Christine Caulfield Melbourne

Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.

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Aristocrat wants to sue gaming rival for stealing poker machine idea
Entertainment 2018-05-24 3:06 pm By Miklos Bolza Sydney

Gaming giant Aristocrat has commenced legal action against rival Ainsworth, claiming a “controversial” game designer used confidential information to develop a competing slot machine.

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Judge denies bid to axe claim against lawyer in Deep Investments case
Financial Services 2018-05-23 11:00 pm By Cat Fredenburgh Melbourne

A solicitor caught up in a lawsuit over alleged share trading losses has lost his bid to have misleading and deceptive conduct claims brought against him dropped.

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Corrs Chambers joins Ford class action amid Bannister’s funder feud
Article 2018-05-23 10:18 pm By Christine Caulfield Melbourne

Three weeks after a court heard Bannister Law could be forced off a massive class action against Ford, Corrs Chambers Westgarth has joined the case to jointly act for the lead applicants.

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