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Billionaire Brett Blundy defeats lawsuit by Honey Birdette co-founder
Bruce Wacker 2021-04-06 8:34 pm By Miklos Bolza Sydney

A former director of provocative lingerie retailer Honey Birdette has lost a lawsuit against billionaire retail entrepreneur Brett Blundy seeking damages after a relationship breakdown saw her bought out of the firm.

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CoreLogic hit with copyright lawsuit over data scraping
Construction 2021-04-06 5:53 pm By Miklos Bolza Sydney

Building and construction information service provider BCI Media is suing CoreLogic, accusing the property data analytics company of unauthorised access and scraping confidential information from its copyright-protected leads platform.

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ANZ admits flex commission dealers ‘encouraged’ to offer loans with interest above base rate
ANZ 2021-03-30 4:26 pm By Christine Caulfield Melbourne

Banking giant ANZ, which is facing a class action over a flex commissions scheme by its former car finance business, has admitted that the calculation of car dealers’ commission was aimed at encouraging loans with interest above a “base rate”.

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‘Missed the mark’: Qantas loses urgent appeal in spat with Virgin-bound exec
Appeals 2021-03-26 6:41 pm By Cindy Cameronne Sydney

An appeals court has upheld a ruling that Qantas’ dispute with former executive Nick Rohrlach over his defection to competitor Virgin Australia should be heard in Singapore because it falls under an exclusive jurisdiction clause in his employment agreement.  

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ASIC triumphs in ‘bad advice’ case against IOOF unit
ASIC 2021-03-24 12:29 pm By Miklos Bolza Sydney

A former financial advisor employed by an IOOF unit accused of taking hefty commissions for steering investors towards risky investments contravened the financial advice provisions of the Corporations Act, a judge has found.

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‘Troubled’ by costs in Monsanto class action, judge wants initial trial on Roundup cancer risk
Agriculture 2021-03-23 2:18 pm By Miklos Bolza Sydney

The judge overseeing a class action against Bayer-owned Monsanto has suggested a hearing by the end of the year on the cancer risks of the company’s Roundup products, saying judgment on that question would either encourage the proceedings to settle or end the case.

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Judge wants lawyer’s view on funding commission before approving $50M Vocation settlement
Allen & Overy 2021-03-22 11:46 am By Christine Caulfield Melbourne

The judge considering the $50 million settlement reached in the shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers has signalled his likely approval of the deal, but wants a senior lawyer to tell the court why the funding commission is reasonable.

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JPMorgan wants to have its cake and eat it too in ANZ cartel case, court hears
ACCC 2021-03-19 7:04 pm By Miklos Bolza Sydney

Whistleblower JPMorgan can’t be a witness in a criminal cartel case over a $2.5 billion ANZ share placement that has ensnared several investment banks and top executives and claim privilege over witness statements relevant to the case, a court has heard.

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‘Disturbing number of similarities’: Judge slaps interim injunction on ‘RestQ’ trade mark use
Amy Campbell 2021-03-17 8:33 pm By Cindy Cameronne Sydney

A judge has issued an injunction temporarily barring use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.

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Monsanto class action judge won’t rule on expert evidence in novel hearing
Anna Robertson 2021-03-11 10:07 pm By Christine Caulfield Sydney

A judge overseeing a class action against Bayer-owned Monsanto over its allegedly carcinogenic weedkiller, Roundup, has declined to rule on the admissibility of expert evidence in a hearing ahead of trial next year, despite concerns about the independence of the expert witnesses for the class.

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