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In fight with ex-Orix CEO, Chubb can argue Coca-Cola Amatil knew nothing of alleged bribes
Alice Zheng 2023-03-22 9:56 pm By Cindy Cameronne Sydney

Facing a claim to cover the legal costs of former Orix CEO John Carter under a D&O policy, Chubb has been given the green light to argue that Coca-Cola Amatil’s board had no knowledge of alleged secret bribes.

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Firm must compete to administer $192.5M PTTEP class action settlement
Allens 2023-03-22 9:05 pm By Cat Fredenburgh

The law firm that ran a class action over the 2009 Montara oil spill must compete to administer a $192.5 million settlement, with a judge saying a tendering process is consistent with the court’s “protective and supervisory role” in managing costs deducted from class action settlements.

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Barrister who repped Mawhinney can act against him, but not in settlement talks
Daryl Williams 2023-03-22 8:59 pm By Sam Matthews Melbourne

A senior barrister who represented Mayfair 101 founder James Mawhinney in mediation of two cases last year has been allowed to appear against him at a hearing in another dispute against a lender and two McGrathNicol receivers, but the silk won’t participate in settlement talks.

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Claims of barrister’s ex-wife based on employment, not marital, relationship: court
Clayton Utz 2023-03-22 8:40 pm By Sam Matthews Melbourne

A wife employed by her barrister husband can seek compensation for unpaid wages because the claim is based on their employment relationship not their marital relationship, a court has held.

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‘Large-scale information theft’: Latitude cyberattack worse than first reported
Financial Services 2023-03-22 4:06 pm By Cat Fredenburgh

A cyberattack on Latitude Financial appears worse than first reported, with the non-bank lender revealing the data of current and former customers as well as applicants across Australia and New Zealand has been affected.

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Drink rivals mull High Court appeals after losing ‘Mother’ of all trade mark disputes
Appeals 2023-03-22 2:11 pm By Cindy Cameronne Sydney

The owners of Mother energy drinks and Vittoria Food & Beverage have both lost their challenges to each other’s ‘Motherland’ and ‘Mothersky’ trade marks and are considering taking the long-running stoush to the High Court. 

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Sydney lawyer sentenced to 12 years for role in Plutus tax fraud
Justice Peter Johnson 2023-03-21 11:58 pm By Cat Fredenburgh

A Sydney lawyer has been sentenced to up to 12 years in prison for laundering $24 million as part of the Plutus tax fraud.

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Richard Crookes to appeal landmark judgment on SOPA’s availability to insolvent companies
Appeals 2023-03-21 10:33 pm By Sam Matthews Melbourne

Construction company Richard Crookes plans to appeal a ruling which found the Security of Payment Act is available to insolvent builders to pursue debts under a deed of company arrangement, despite an amendment to the law preventing construction companies in liquidation from enforcing payment claims.

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Jury finds fifth person guilty in $105M Plutus tax fraud case
ATO 2023-03-21 8:57 pm By Sam Matthews Melbourne

The fifth and final defendant named in a criminal proceeding over a $105 million tax fraud involving payroll services company Plutus Payroll has been found guilty for his part in the scheme.

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On ‘third birthday’ of PwC class action, judge rails against slow progress
Accounting 2023-03-21 8:33 pm By Cindy Cameronne Sydney

A judge has blasted the lack of progress in an investor class action against accounting firm PricewaterhouseCoopers and asset finance lender Axsesstoday over an allegedly misleading $50 million prospectus.

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