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Funder takes all in Equititrust settlement with KPMG, creditors get nothing
Restructuring & Insolvency June 20, 2019 9:10 pm By Miklos Bolza

The approval of a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG has been postponed to allow time to notify creditors […]

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Employees are priority creditors of insolvent trading trustees, High Court rules
Appeals June 20, 2019 9:08 pm By Miklos Bolza

The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading […]

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ASIC seeks $36M penalty against AMP unit in insurance churn case
Financial Services June 19, 2019 5:13 pm By Miklos Bolza

The Australian Securities and Investments Commission has asked a court to impose penalties of up to $36 million on an AMP subsidiary for failing to […]

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Teva, Boehringer settle inhaler capsule patent dispute
Intellectual Property June 19, 2019 2:56 pm By Miklos Bolza

Israeli drug giant Teva and German drug maker Boehringer Ingelheim have settled their dispute over a patented capsule used to deliver the medicine in Boehringer’s […]

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Cosmetic surgeon can fix ‘tainted’ pleadings in ABC copyright case
Intellectual Property June 18, 2019 8:46 pm By Miklos Bolza

A Sydney-based plastic surgeon has been given another chance to fix “fundamental problems” in his copyright case against the ABC for using pictures of him […]

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Judge has ‘real misgivings’ about security for costs bid in casual worker class actions
Class Actions June 17, 2019 10:08 pm By Miklos Bolza

A judge has baulked at an application by labour hire company Chandler Macleod and BHP unit Mt Arthur Coal seeking security for their legal costs […]

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J&J hip implant class members to be paid in full from $250M settlement
Product Liability June 17, 2019 8:13 pm By Miklos Bolza

Group members in a class action against Johnson & Johnson unit DePuy International over allegedly defective hip implants are on track to receive 100 per […]

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HWL Ebsworth partners on trial for alleged negligence over Sydney land tender
Real Estate June 14, 2019 11:18 pm By Miklos Bolza

HWL Ebsworth’s partners are facing trial in a case blaming the law firm and the NSW government for losses stemming from the $28.5 million sale […]

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Judge takes ax to $5.7M bill by liquidators of SK Foods units
Restructuring & Insolvency June 14, 2019 9:59 pm By Miklos Bolza

A court has taken an ax to the final bill by liquidators of three failed subsidiaries of multi-national agribusiness SK Foods Group, lopping off 30 […]

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$1.1M settlement in Quaker Hill Nursing Home class action wins court approval
Class Actions June 14, 2019 2:04 pm By Miklos Bolza

A court has given the green light to a $1.1 million class action settlement with the owners of Sydney’s Quakers Hill Nursing Home over a […]

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