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Judge slams Mayfair director’s misleading comments to investors
ASIC 2020-09-03 5:05 pm By Miklos Bolza Sydney

A judge has criticised “inflammatory” and misleading comments Mayfair 101’s director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.

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Judge criticises lawyers’ ‘inflammatory’ correspondence in $27M trust dispute
Arbitration 2020-09-03 4:40 pm By Alison Eveleigh Sydney

A judge has slammed the lawyers in a $27 million trust dispute between a Chinese machinery company and law firm Clyde & Co for engaging in “inflammatory” correspondence instead of properly conferring before bringing their case to court.

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Global agreement will boost ACCC investigations into Google, Facebook
ACCC 2020-09-03 1:21 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has signed an information sharing agreement with four competition regulators around the globe that will boost its current and future investigations into Google and Facebook.

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Major beef: McDonald’s sues Hungry Jack’s over ‘Big Jack’ burger
Food and Beverage 2020-09-03 12:42 pm By Alison Eveleigh Sydney

In what is shaping up to be a big bun fight, McDonald’s is taking long time rival Hungry Jack’s to court for trade mark infringement, accusing it of violating its legendary ‘Big Mac’ mark.

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Banksia judge appeared to take ‘very dim view’ of lawyer Alex Elliott, court told
Angel Aleksov 2020-09-02 9:42 pm By Alison Eveleigh Sydney

The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express “a very dim view” of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.

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iSignthis now wants $464M in share suspension suit against ASX
Brendan Lim 2020-09-02 9:17 pm By Christine Caulfield Melbourne

Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator’s decision to suspend its shares has cost it almost half a billion dollars.

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Shine investigating union case against McDonald’s over unpaid drink breaks
Andrew Gotting 2020-09-02 5:54 pm By Miklos Bolza Sydney

Shine Lawyers and the union backing Australia’s fast food workers are investigating claims against McDonald’s after the Federal Court ruled against a “reckless” franchisee who threatened to bar employees from toilet breaks.

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Law firm says Treasury Wine can’t appeal class action ruling without court OK
Cameron Moore 2020-09-02 5:37 pm By Christine Caulfield Melbourne

Maurice Blackburn is pushing back against an appeal by Treasury Wine Estates, which accuses the law firm and a barrister of breaching their obligations by using evidence discovered in a settled class action to launch a second case against the wine maker.

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Spotless class action settlement approved after funders drop $1.5M battle for extra costs
Class Actions 2020-09-02 3:48 pm By Miklos Bolza Sydney

A judge has signed off on a $95 million settlement in a shareholder class action against Spotless after a heated exchange saw the funders backing the lawsuit drop their bid for $1.5 million in costs above their commission.

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Mayfair 101’s Mawhinney accuses ASIC of misleading the court in ex-parte hearing
ASIC 2020-09-02 3:03 pm By Alison Eveleigh Sydney

A self-represented James Mawhinney, the director of troubled Mayfair 101 director, has accused ASIC in court of misleading the judge in an ex-parte application brought in August that saw provisional liquidators appointed to the investment firm and Mawhinney banned from transferring assets out of Australia.

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