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Accountant who sexually harassed colleague fails to win readmission to board
Accounting 2021-03-08 5:25 pm By Miklos Bolza Sydney

An accountant who was kicked out of an Australia and New Zealand accounting association after a court found he sexually harassed a colleague has failed to win readmission after being unable to find an eligible member who could vouch for him in a character reference.

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Freedom Foods dispute with Blue Diamond heads to arbitration in California
Albert Dinelli 2021-03-08 2:02 pm By Miklos Bolza Sydney

A legal battle in the Federal Court between Freedom Foods and Blue Diamond Growers over an almond milk licensing deal has been stayed so the parties can arbitrate their dispute in California, where the Australian Consumer Law will apply.

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‘A case of investor regret’: Mayfair dodges misleading and deceptive conduct case
Contracts 2021-03-08 11:59 am By Miklos Bolza Sydney

An investor who sank $1 million into a now suspended Mayfair Group scheme has lost his misleading and deceptive conduct case against the firm, with a judge finding his evidence was “plainly coloured” by the fact he had lost his life savings.

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Fuji Xerox loses bid to throw out ACCC’s case over small biz contracts
Competition & Consumer Protection 2021-03-04 7:18 pm By Cindy Cameronne Sydney

A judge has refused to summarily dismiss proceedings brought by the ACCC against office supply company Fuji Xerox over allegedly unfair contracts with small businesses.

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Herbert Smith Freehills says Arrium lenders ‘a million miles away’ from properly run case
Amy Munro 2021-03-04 6:54 pm By Miklos Bolza Sydney

Law firm Herbert Smith Freehills has attacked a lawsuit brought by a group of lenders against collapsed steel giant Arrium, rejecting claims that $430 million in loans was borrowed under misleading or deceptive representations.

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Former Arrium group treasurer rejects liquidators’ ‘infected’ insolvency case
Amy Munro 2021-03-03 6:16 pm By Miklos Bolza Sydney

The former group treasurer of collapsed steel giant Arrium has hit back at claims brought by the company’s liquidators that it was trading while insolvent, arguing the case had been ‘infected’ by evidence from an expert who was also a plaintiff in the case.

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Herbert Smith Freehills warned Arrium of insolvent trading risk, court told
Amy Munro 2021-03-02 5:43 pm By Miklos Bolza Sydney

Doomed iron and steel giant Arrium attempted to stave off its inevitable $2.8 billion collapse and put off negotiating with its lenders until the last minute despite warnings from its legal and financial advisors, liquidators for the company told the court.

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Court finds Megasave made misleading representations to franchisees
ACCC 2021-03-02 11:51 am By Cat Fredenburgh

A court has found national delivery company Megasave Couriers misled franchisees with false promises of guaranteed minimum weekly payments and annual income.

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Partner in age discrimination suit says Deloitte acting like he’s out the door
Accounting 2021-03-01 6:28 pm By Miklos Bolza Sydney

A partner who hit Deloitte with a $3.8 million age discrimination lawsuit says the accounting giant has been treating him as an “inactive partner” who is on the verge of retiring, including by failing to conduct a performance assessment for the 2021 financial year.

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In ‘warfare’ with Sino Iron, judge tosses Clive Palmer’s fight over $530M in mine remediation costs
Allens 2021-03-01 4:38 pm By Spencer Fowler Steen Melbourne

Clive Palmer’s Mineralogy has lost its bid to make Sino Iron and Korean Steel cough up over $529 million for mine site remediation in Western Australia, after the mining company argued the terms of their contracts required an immediate lump sum payment.

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