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‘Bad publicity’ no reason to stay ASIC ban of ex-NAB adviser, tribunal says
ASIC 2020-01-29 4:27 pm By Miklos Bolza Sydney

A former Adelaide financial advisor that worked for a subsidiary of National Australia Bank has lost his bid for a temporary stay of a five-year ban for allegedly recommending that clients invest in failed fintech start-up Bux Global, after arguing the bad publicity could negatively affect the impending sale of his business.

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Judge hits Geowash with $4.2M penalty for unconscionable conduct against franchisees
Competition & Consumer Protection 2020-01-24 3:31 pm By Christine Caulfield Melbourne

Car wash franchisor Geowash has been ordered to pay $4.2 million in penalties for overcharging franchisees to set up outlets and misleading them about how much revenue they could earn.

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Thiess appeals class action ruling over unpaid wages for bussing to work
Appeals 2019-11-19 2:20 pm By Christine Caulfield Melbourne

Mining services company Thiess is challenging a ruling in a class action that put it on the hook for paying workers for time spent bussing to and from their work stations at a construction site on Woodside Energy’s Pilbara-based LNG processing plant.

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Thiess workers owed unpaid wages for bus journeys, judge finds
Class Actions 2019-11-05 6:56 pm By Miklos Bolza Sydney

The Federal Court has ruled against mining services firm Thiess in a class action brought by construction workers seeking unpaid wages for time spent on the bus travelling home from work on the project site for a Pilbara-based liquefied natural gas processing plant owned by Woodside Energy.

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Condom maker Ansell settles SKYN trade mark spat
Australian Government Solicitor 2019-07-17 1:37 pm By Amelia Birnie Sydney

Ansell has settled a dispute with a Perth cosmetic clinic over its proposed registration of the trade mark ‘SKYN Love The Skyn You’re In’, after the Australian rubber latex manufacturer argued it was substantially identical to four of its condom trade marks.

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AIG loses appeal over insolvency exclusion in Kaboko Mining D&O policy
Appeals 2019-06-14 9:13 pm By Cat Fredenburgh Melbourne

AIG Australia has failed to convince the Full Federal Court that an insolvency exclusion in a directors and officers policy held by Kaboko Mining should exempt it from covering claims brought by the collapsed mining company against four former executives after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.

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Deep Investments can’t take another shot at case, Full Court says
Appeals 2019-04-01 2:28 pm By Cat Fredenburgh Melbourne

The Full Court has denied a bid by Deep Investments to vary orders dismissing its case against a solicitor and six others over $10 million in alleged share trading losses, saying this would amount to allowing the investment adviser to bring a different claim.

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Union officials blocked from entering work site don’t have to prove intent, judge says
Employment 2019-02-12 4:17 pm By Cat Fredenburgh Melbourne

A construction company has lost its appeal of a ruling that it illegally blocked CFMMEU officials from entering a work site to meet with union members, with a judge saying the union did not need to prove intent to obstruct to make its case for violations of the Fair Work Act.

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Spotless challenges redundancy payment ruling
Appeals 2019-02-12 1:58 pm By Cat Fredenburgh Melbourne

Spotless Services is challenging a ruling that it owes redundancy to three workers employed at the Perth International Airport that were on fixed contracts.

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Deep Investments’ case over $10M in share trading losses shut down
Financial Services 2019-01-22 1:32 pm By Miklos Bolza Sydney

An appeals court has shut down a case brought by investment adviser Deep Investments against a solicitor and six others over $10 million in alleged share trading losses, saying the proceedings were an abuse of process.

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