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Ex-Deloitte director accused of $3M fraud suspended from restructuring group
Deloitte 2022-04-21 2:29 pm By Cat Fredenburgh Melbourne

A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.

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GM cites force majeure clause in defence to Holden dealers class action
ACCC 2022-04-21 1:48 pm By Cat Fredenburgh Melbourne

General Motors Holden Australia has denied that it owes compensation to Holden dealers over its decision to retire the iconic brand in Australia, and says its dependence on other GM units to supply the cars constituted “an event beyond its reasonable control”.

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High Court to hear CoreLogic appeal over copyright for real estate pics
Anthony Messina 2022-04-20 11:31 pm By Cat Fredenburgh Melbourne

The High Court has agreed to weigh in on whether property data analytics firm CoreLogic infringed a real estate photographer’s copyright by uploading images from realestate.com.au to its platform.

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Top silk had to take Christian Porter brief under cab rank rule, court hears
Anne Horvath 2022-04-20 8:29 pm By Cindy Cameronne Sydney

Former attorney-general Christian Porter has told the Full Court that silk Sue Chrysanthou had to act for him in his defamation action against the ABC over an article airing historical rape allegations, saying she could not refuse the brief simply because a friend of his rape accuser “wishes him ill”.

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Trendy neoprene handbag not entitled to copyright protection, Full Court finds
Bruce Caine 2022-04-20 6:08 pm By Sam Matthews Melbourne

An Australian designer of a trendy neoprene handbag sold at high-end department stores has lost an appeal which challenged a judge’s finding that its flagship bag was not a work of artistic craftsmanship.

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Deloitte director ordered to repay $3M in case of ‘remarkable fraud’
Accounting 2022-04-20 4:06 pm By Christine Caulfield Melbourne

A former Deloitte director accused of embezzling $3.1 million has agreed to court orders that he repay the money and hand over title to all assets — including almost 100 works of art — purchased with the alleged misappropriated funds.

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IOOF unit settles ASIC’s cybersecurity test case
ASIC 2022-04-20 12:48 pm By Sam Matthews Melbourne

IOOF unit RI Advice has agreed to settle novel proceedings brought by the Australian Securities and Investments Commission claiming it failed to protect its clients against cybersecurity risks.

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High Court refuses leave to class action in GST case against developer
Anthony McInerney 2022-04-19 6:59 pm By Cindy Cameronne Sydney

The High Court won’t hear a challenge to a decision finding a Canberra property developer that misled investors about GST on its apartments did not have to pay for losses alleged in a class action against it.

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Rentokil wins $3.4M judgment against ex-supply manager over fraudulent invoice scam
Clayton Utz 2022-04-19 5:39 pm By Sam Matthews Melbourne

Pest control giant Rentokil has won its case against a former manager over an alleged multi-million dollar fraudulent invoice scheme, with a court ruling the company is owed $3.38 million plus almost $200,000 in interest. 

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Melissa Caddick’s unemployed husband stakes claim to homes, cars
Baker McKenzie 2022-04-19 5:19 pm By Sam Matthews Melbourne

The husband of Sydney conwoman Melissa Caddick has staked his claim to a share of his late wife’s estate, and asked the court to deliver up a bundle of property, including Caddick’s Gucci wedding dress.

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