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Law firm, barrister face negligence trial over client’s loss in $24.5M property spat
Alan Herskope 2021-01-28 4:15 pm By Miklos Bolza Sydney

A Melbourne law firm and barrister will soon face trial over allegations of breach of fiduciary duty brought by a former client who lost a lawsuit over a $24.5 million property joint venture.

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JPMorgan seeks to shield interview docs in ANZ cartel case
ACCC 2021-01-27 9:21 pm By Spencer Fowler Steen Melbourne

While a Federal Court judge recently promised to advance a long-running criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement, a separate judge will soon hear a privilege dispute over documents from whistleblower JPMorgan that promises to further delay the case.

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Former NAB chief of staff Rosemary Rogers jailed for eight years for fraud
Financial Services 2021-01-27 5:29 pm By Miklos Bolza Sydney

A former high ranking executive from National Australia Bank has been sentenced to eight years in prison for receiving bribes in the form of inflated invoices to the tune of around $5.5 million.

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In landmark ruling, government ordered to pay asylum seekers for mass data breach
OAIC 2021-01-27 3:32 pm By Miklos Bolza Sydney

The Federal government could be on the hook for millions in compensation to almost 1,300 asylum seekers following a ruling by the Privacy Commissioner that the government interfered with refugee privacy by publicly disclosing personal information, the first finding in a representative action that individuals affected by a data breach are entitled to compensation for non-economic loss.

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Elaine Stead awarded $280,000 for AFR’s ‘targeted campaign of offensive mockery’
Banki Haddock Fiora 2021-01-27 11:26 am By Miklos Bolza Sydney

Venture capitalist Dr Elaine Stead has been awarded $280,000 in her defamation case against the Nine-owned Australian Financial Review after the Federal Court found she suffered hurt and damage to her reputation through a “targeted campaign of offensive mockery” about her role in collapsed investment firm Blue Sky Alternative Investments.

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Oracle account director for ANZ was told he had ‘zero EQ’ before his sacking, lawsuit says
Allens 2021-01-25 6:48 pm By Christine Caulfield Sydney

An account director for Oracle is suing the tech company alleging he was fired for making complaints about one of his superiors who allegedly told him he had “zero EQ” and “an innate ability to annoy and anger people”.

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Merck Sharp & Dohme lodges cross appeal in Prevnar 13 vaccine patent spat
Allens 2021-01-25 4:33 pm By Christine Caulfield Melbourne

Drug giant Merck Sharp & Dohme has brought a cross appeal in its long-running intellectual property dispute with Pfizer’s Wyeth over the top selling Prevnar 13 pneumococcal vaccine.

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Law firm accused in $27M suit of making unauthorised payments from client’s trust account
Construction 2021-01-25 3:23 pm By Miklos Bolza Sydney

A national law firm made $3 million in unauthorised payments from a client’s trust account and derailed a $24.3 million land development opportunity, according to a new lawsuit.

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Shareholder secures access to books for possible class action against Orinoco Gold
Class Actions 2021-01-25 3:13 pm By Christine Caulfield Melbourne

Collapsed gold producer Orinoco Gold could face a class action after a shareholder won access to a raft of company documents to investigate the prospect of a group proceeding to recover losses.

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Cabcharge provider sues Melbourne, Sydney cabbies over trade mark
Intellectual Property 2021-01-25 12:41 pm By Miklos Bolza Sydney

The company behind the popular taxi payment system Cabcharge has filed a lawsuit against 11 small taxi businesses accusing them of infringing its trade marks and causing injury to its commercial reputation.

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