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iSignthis’ John Karantzis accuses ATO of misleading court in asset freeze bid
ATO 2021-10-28 9:39 pm By Cindy Cameronne Sydney

iSignthis CEO John Karantzis claims the ATO misled the court when it sought a freezing order over his assets in a dispute over an alleged $10.7 million tax debt, saying the tax office failed to give the judge “material” information.

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Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
Accounting 2021-10-27 12:16 pm By Miklos Bolza Sydney

An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition.

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Law firms accused of negligence say Dover not entitled to recover $1.2M penalty
Adam Coote 2021-10-27 6:01 pm By Cindy Cameronne Sydney

Two law firms accused of providing negligent advice to Dover Financial over a so-called client protection policy found to be “highly misleading” have argued the defunct financial advisor should not be able to recover the $1.2 million penalty it was ordered to pay.

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Investors lose joint appeal bid to boost slice of Halifax liquidation assets
Alec Leopold 2021-10-27 3:13 pm By Miklos Bolza Sydney

Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.

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Injunction against Facebook doesn’t clash with competition watchdog’s orders, judge says
Competition & Consumer Protection 2021-10-27 5:04 pm By Bianca Hrovat Sydney

A court has shut down Facebook’s renewed push to cut off Melbourne-based content strategists Sked Social from posting on Instagram on behalf of its clients, with a judge saying the social media giant’s justification for varying the injunction order was “flimsy and possibly strategic”.

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Government hit with climate change class action by Torres Strait Islanders
Class Actions 2021-10-26 9:07 pm By Miklos Bolza Sydney

A class action has been filed alleging the Morrison government has a novel duty of care to protect Torres Strait Islanders from the devastating effects of climate change.

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BlueScope general manager ‘not an honest witness’, ACCC tells court
ACCC 2021-10-26 9:03 pm By Cindy Cameronne Sydney

BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.

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Lendlease, Acciona lock horns over $160M engineering acquisition
Clayton Utz 2021-10-26 3:30 pm By Miklos Bolza Sydney

Infrastructure developers Lendlease and Acciona are suing each other for tens of millions of dollars over alleged losses stemming from Acciona’s $160 million acquisition of Lendlease’s engineering business, which saw it take over the Gawler rail project in South Australia.

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NCAT quashes fresh challenge to COVID-19 vaccination orders
Coronavirus 2021-10-26 12:01 pm By Bianca Hrovat Sydney

The New South Wales Civil and Administrative Tribunal has struck down another challenge to a public health order mandating COVID-19 vaccinations for healthcare workers, saying it lacked the necessary jurisdiction to review the order’s merits.

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Developer wins GST class action appeal despite misleading investors
Anthony McInerney 2021-10-25 5:53 pm By Miklos Bolza Sydney

A Canberra property developer that misled investors about GST on its apartments does not have to pay compensation to the lead applicant in a class action against it, an appeal court has found.

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