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In class action defence, Tyro says businesses should have accepted cash during EFTPOS outage
Bannister Law 2022-02-01 9:58 pm By Sam Matthews Melbourne

Fintech Tyro has hit back at a class action brought on behalf of retailers who were unable to process payments because of a days-long terminal outage, arguing they should have accepted cash while their EFTPOS machines were down.

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ACCC probes RAT suppliers’ claims of government seizures
ACCC 2022-02-01 1:18 pm By Sam Matthews Melbourne

The Australian Competition and Consumer Commission is investigating claims by suppliers that government bodies have diverted supplies of COVID-19 rapid antigen tests, as the regulator continues its crackdown on reported price gouging amid a test shortage.

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In ME Bank case, ASIC argues clock doesn’t run on serious corporate crime
Appeals 2022-01-31 7:44 pm By Bianca Hrovat Sydney

The Australian Securities and Investments Commission is challenging a ruling that threw out half the criminal charges against direct bank Members Equity, arguing the statute of limitations doesn’t apply to serious corporate misconduct.

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‘Black hole’ Cargill, Viterra case from which 4 judges rose nears end, maybe
Competition & Consumer Protection 2022-01-28 11:54 pm By Cat Fredenburgh Melbourne

Judgment day has arrived in a legal battle over the $420 million sale of the Joe White malt business so epic four silks on the case were elevated to judgeships during its long run, but losing party Viterra has not ruled out an appeal.

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Court finds Viterra engaged in deceit during $420M Joe White sale
Allan Myers 2022-01-28 10:58 am By Cat Fredenburgh Melbourne

Food giant Cargill Australia has won its lawsuit against Glencore-owned Viterra alleging it misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.

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‘Unlawful greed’: AFP deploys strike force to investigate RAT price gouging
ACCC 2022-01-21 4:16 pm By Bianca Hrovat Sydney

The Australian Federal Police is cracking down on COVID-19 rapid antigen test price gouging, deploying a zero-tolerance strike team to investigate “outrageous” markups referred by the Australian Competition and Consumer Commission.

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CoreStaff settles class action accusing it of misleading Papua New Guinea workers
Class Actions 2022-01-21 10:54 am By Cat Fredenburgh Melbourne

Labour on-hire and recruitment company CoreStaff has settled a class action alleging it lured workers to Australia from Papua New Guinea with the promise of long-term work, only to terminate their employment agreements less than three years after they relocated.

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Jellycat accuses Kmart of selling knockoff Bashful Bunny plush toy
Competition & Consumer Protection 2022-01-20 7:06 pm By Bianca Hrovat Sydney

The battle of the bunnies has begun as London-based soft toy designer Jellycat sues Kmart for stocking an alleged knockoff of its eminently popular ‘Bashful Bunny’ plush toy.

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INPEX, JKC settle spat over $45B Ichthys LNG project
Allen & Overy 2022-01-19 11:12 am By Bianca Hrovat Sydney

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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Dixon Advisory files for administration, blaming class actions
ASIC 2022-01-19 10:40 am By Cat Fredenburgh Melbourne

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

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