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Equititrust settlement with KPMG approved after no objections to funder taking all
Restructuring & Insolvency 2019-06-28 9:04 pm By Amelia Birnie

A court has approved a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG, after not a single objection was raised by […]

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Incentive-based funding commission dropped in IAG insurance class action
Class Actions 2019-06-28 12:48 pm By Amelia Birnie

The funder backing the IAG add-on insurance class action has agreed to a fixed 25 per cent commission, after the plaintiff copped criticism from a […]

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Queensland law firm says excessive fees class action ‘costing them a fortune’
Class Actions 2019-06-27 8:14 pm By Amelia Birnie

A judge has told the lead plaintiff in a class action over allegedly excessive legal fees to get their ā€œhouse in orderā€, amid complaints by […]

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Optus hit with fresh lawsuit over NBN rollout marketing
Competition & Consumer Protection 2019-06-27 8:06 pm By Amelia Birnie

The consumer watchdog has issued fresh proceedings against Optus over its National Broadband Network marketing, alleging the telecommunications giant sent a misleading email to consumers […]

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Sydney barrister Charles Waterstreet seeks urgent hearing to lift suspension
Legal Ethics 2019-06-27 3:02 pm By Amelia Birnie

Colourful Sydney barrister Charles Waterstreet is seeking an urgent hearing to lift an “emergency” suspension imposed by the NSW Bar Association to allow him to […]

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Lawyer tries to question costs in Sirtex class action settlement
Class Actions 2019-06-26 8:21 pm By Amelia Birnie

A self-described “vigilant lawyer against big companies” has attempted to make submissions regarding the costs incurred in the Sirtex shareholder class action settlement, with legal […]

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Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale
Securities 2019-06-26 2:25 pm By Amelia Birnie

An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholderā€™s derivative lawsuit over a restructure that […]

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Red Rich Fruits amends contracts with growers amid ACCC concerns
Competition & Consumer Protection 2019-06-25 5:25 pm By Amelia Birnie

Australian fresh fruit trader Red Rich Fruits has agreed to change potentially unfair contract terms that forced growers to provide credits for rejected fruit, amid […]

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Clive Palmer’s co. faces setback in winding up battle over Queensland time-share scheme
Restructuring & Insolvency 2019-06-25 4:54 pm By Amelia Birnie

A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland’s Palmer Coolum Resort, […]

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Domino’s hit with underpayment class action
Class Actions 2019-06-25 1:31 pm By Amelia Birnie

Domino’s Pizza says it will defend a class action filed against it on behalf of thousands of delivery drivers and in-store workers who were allegedly […]

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