Corporate

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Commonwealth Bank of Australia Sued for Overcharging Interest

1st December 2020
The Australian regulator found that the bank had overcharged business account overdraft holders by $2.9 million.
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What Are the Benefits of a Shareholders’ Agreement?

30th November 2020
These agreements can provide for many eventualities, while the absence of a shareholders’ agreement opens up more potential for costly disputes and disagreements between shareholders. Whether you’re a minority or majority shareholder in a company, it’s important to consider drawing up and implementing a shareholders’ agreement.  Dave Paterson, Partner in the Corporate Law team at […]
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Facebook, Twitter Sued Over Anti-COVID-19 Misinformation Tool

27th November 2020
A Xerox subsidiary alleges that social media platforms made use of its patents without permission.
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US Government Grants ByteDance 7-Day Extension of TikTok Sale

26th November 2020
While negotiations on a potential sale continue, the Trump administration’s TikTok ban has been pushed back to December.
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Coca-Cola Loses $3.3 Billion Tax Dispute With IRS

19th November 2020
The dispute concerns the company’s use of foreign affiliates to alter profit margins, greatly reducing its US tax bill.
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Apple to Pay $113 Million in “Batterygate” Settlement

19th November 2020
The $2 trillion tech company is seeking to settle allegations that it deliberately slowed down older iPhones.
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Hyundai Sued Over Electric Vehicle Battery Fires

18th November 2020
Roughly 200 individuals are seeking compensation, and GM has issued a recall of 70,000 vehicles with similar batteries.
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Apple Spars With Privacy Group Over iPhone Tracking Tool

17th November 2020
The $2 trillion tech giant has hit back at claims that behavioural tracking technology in its products violates EU law.
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EU Files Antitrust Lawsuit Against Amazon

11th November 2020
The EU regulator may charge Amazon up to 10% of its annual revenue – as much as $28 billion.
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J.C. Penney Receives Approval for $1.75 Billion Asset Sale

10th November 2020
The newly approved deal will rescue the retailer from bankruptcy, saving around 60,000 jobs.
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