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SingTel can’t salvage $190,000 in transfer pricing deductions on $14.2B Optus buy
ATO 2022-03-24 4:44 pm By Miklos Bolza

SingTel has been blocked from making $190,000 in tax deductions after the Australian Taxation Office won its Federal Court case against the Singaporean teleco over transfer pricing benefits related to the $14.2 billion acquisition of Optus.

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KWM snags intellectual property partner from Corrs Chambers Westgarth
Business of Law 2022-03-24 10:46 pm By Cindy Cameronne

King & Wood Mallesons has appointed a former Corrs Chambers Westgarth partner to join its intellectual property practice in Melbourne.

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‘Everybody is incredulous’: Silk tells court of surprise at Norman O’Bryan’s fall from grace
Business of Law 2022-03-23 10:18 pm By Christine Caulfield

Commenting on the unprecedented nature of the case against her client — the so-called postbox solicitor in the Banksia Securities class action — a senior barrister has told a court of her shock at the conduct of her former colleague at the bar, Norman O’Bryan, who acted as lead counsel in the scandal-ridden litigation.

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Judge questions if Philips class action ‘appropriately resourced’
Carbone Lawyers 2022-03-23 3:51 pm By Cindy Cameronne

A judge has questioned whether the lead applicant in a class action over sleep apnea machines with alleged safety defects was “appropriately resourced” to run the case against health tech giant Philips.

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EX-ANZ money markets head says he was fired after complaining about sexual harassment, APRA reporting
ANZ 2022-03-23 5:31 pm By Cindy Cameronne

The former head of money markets at the Australian and New Zealand Banking Group has sued his former employer claiming he was sacked for making complaints about sexual harassment by senior managers at the bank and false reporting to the prudential regulator.

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ACCC says agreement to settle Revlimid patent suit could violate cartel laws
ACCC 2022-03-23 2:53 pm By Cat Fredenburgh

The ACCC has refused to authorise a patent settlement and license agreement between Bristol-Myers Squibb unit Celgene and two generic drug makers who sued to invalidate the patents for its blockbuster cancer drug Revlimid, saying it could distort competition between generic drug makers.

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Union planning to upsize rest break cases against McDonald’s
Alex Manos 2022-03-23 10:37 pm By Sam Matthews

The Shop, Distributive and Allied Employees Association has flagged its intent to bring further cases against various McDonald’s franchisees, alongside eleven claims it has brought to date over alleged failures to give workers paid 10-minute breaks.

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Corestaff group members would get less than half of $6.4M settlement if funder seeks 35% cut
Class Actions 2022-03-23 11:46 am By Cat Fredenburgh

Group members in a class action by Papua New Guinea workers against labour hire firm CoreStaff would get less than half of a $6.4 million settlement if the funder that backed the case seeks a common funder order for a 35 per cent commission.

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Judge clarifies rights of responsible entities to recoup MIS costs
Charles Street 2022-03-23 4:22 pm By Miklos Bolza

A Federal Court judgment has laid out when a responsible entity of a managed investment scheme will be indemnified for its operating costs and when it can recoup legal costs in defending lawsuits brought over trust property.

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High Court to hear Spain’s sovereign immunity claims in $375M arbitration dispute
Appeals 2022-03-23 10:23 pm By Cat Fredenburgh

The High Court has agreed to weigh in on whether an Australian court’s recognition of a $375 million international arbitration award against the kingdom of Spain violated the sovereign immunity doctrine.

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