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The applicant in a failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has won High Court leave to challenge the dismissal of his case.
A judge has allowed US analytics company CoreLogic to withdraw an admission made at the beginning of trial after finding it was due to an error by senior counsel, despite saying that getting a full explanation was like “pulling teeth”.
Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
Construction PRO
Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.
A failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has asked the High Court to revive the case and provide clarity on the fees for-profit trustees can charge for their compensation.
Former NAB super fund trustee NULIS Nominees was able to charge $165 million in fees for paying adviser commissions after conflicted remuneration was banned in 2016, an appeals court has ruled.
Two former directors of food supplier PMFresh can't withdraw admissions in a case alleging they used company funds for personal benefit, despite a related police investigation.
Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.
Real estate data company BCI has slammed US analytics company CoreLogic’s "desperate" objection to a second data set in their data scraping fight, saying it's an attempt to cut off one mode of proving loss.
NAB super fund trustee NULIS Nominees had no power to continue charging members for $165 million in fees to pay adviser commission after conflicted remuneration was banned in 2016, an appeals court has heard.