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Judge tells AMP to warn state court of class action venue fight
Class Actions 2018-06-08 11:35 pm By Christine Caulfield

A federal judge on Friday set an August date to hear AMP’s arguments for why competing class actions should be moved to the NSW Supreme Court, but ordered the company to alert the state court to the brewing jurisdictional battle.  

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Google, Unlockd will head to trial in Australia first
Competition & Consumer Protection 2018-06-08 10:15 pm By Christine Caulfield

Australia will be the battleground for the first trial in an abuse-of-dominance case against Google by digital advertising startup Unlockd, and expert competition judge John Middleton will be eagerly presiding.

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Funder can’t stop Banksia class member from appealing $64M settlement
Class Actions 2018-06-08 12:15 am By Christine Caulfield

The litigation funder underwriting a class action over the collapse of Banksia Securities lost its bid Thursday to block a group member from challenging a $64 million settlement in the case.

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AMP has fight on hands over bid to move class actions
Class Actions 2018-06-07 10:14 pm By Christine Caulfield

AMP will begin its push on Friday to move competing Federal Court class actions to the NSW Supreme Court, but the company will face fierce opposition.

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Corrs Chambers fights ruling that hit pause on GetSwift class action
Class Actions 2018-06-07 10:53 am By Christine Caulfield

Law firm Corrs Chambers Westgarth is following in the footsteps of Squire Patton Boggs, with both now challenging a ruling that halted their shareholder class actions against logistics startup GetSwift.

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Home builder can’t keep customers from posting negative reviews online
Competition & Consumer Protection 2018-06-06 2:44 pm By Christine Caulfield

The ACCC has won an agreement from home builder Wisdom Properties to remove a non-disparagement clause from its standard home building agreement after the regulator said the clause likely violates the Australian Consumer Law. 

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Online lender Prospa delays float to deal with ASIC queries
Financial Services 2018-06-06 2:26 pm By Christine Caulfield

Online small business lender Prospa postponed Wednesday’s expected float for 48 hours to “clarify” questions by the corporate regulator over its small business loans. 

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Class action filed against BHP Billiton over Brazil dam disaster
Class Actions 2018-06-06 12:08 pm By Christine Caulfield

BHP has been hit with a shareholder class action over the deadly Samarco mine disaster that wiped off $25 billion from the share price of the mining giant.

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Ex-Citi, Deutsche CEOs among 6 charged over alleged ANZ cartel
White Collar 2018-06-05 6:07 pm By Christine Caulfield

High-ranking bank officials, including the former CEOs of Citigroup and Deutsche Bank in Australia, are among the executives charged over a cartel involving a $2.5 billion ANZ institutional share placement.

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VW wants Bannister Law class actions shut down
Class Actions 2018-06-05 2:58 pm By Christine Caulfield

The fate of class actions against Volkswagen in the sprawling Australian case over the car maker’s diesel emissions cheating scandal will be the subject of a major court battle starting Wednesday.

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