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Original lawyers in BankSA class action want bigger stake of multi-million dollar settlement
Class Actions August 20, 2019 8:46 pm By Amelia Birnie

The original solicitors who stepped down from leading a class action against Westpac unit BankSA amid abuse of process allegations will bring separate proceedings in […]

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Senior partner denies deliberate delay in trial over rejected $4.45M Westpac settlement
Legal Ethics August 20, 2019 8:45 pm By Miklos Bolza

A senior partner at a Sydney-based law firm has denied he made a “deliberate decision” to withhold advice from a former client suing for alleged breach of duties and conflict of interest over a rejected $4.45 million settlement in an employment dispute with Westpac.

ABC on ‘fishing expedition’ for documents in AFP raid case, judge says
Media August 20, 2019 9:00 pm By Miklos Bolza

The Australian Broadcasting Corporation has lost a bid for the documents behind an Australian Federal Police warrant to search its headquarters, with a Federal Court judge criticising the media organisation for embarking on a “fishing expedition”.

7-Eleven class actions can’t shield witness identity despite ‘real risk’ of reprisal
Class Actions August 19, 2019 8:41 pm By Miklos Bolza

A judge has refused an application to suppress the identity of a franchisee giving evidence in two class actions against 7-Eleven despite the individual’s fears […]

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Responsible lending class action against Westpac paused after ASIC loss
Class Actions August 16, 2019 10:10 pm By Christine Caulfield

After defeating the corporate regulator’s case alleging it breached responsible lending laws, banking giant Westpac has won a reprieve from lodging a defence in a […]

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‘This pleading is a mess’: Judge slams liquidators’ case against Forge directors and auditors
Restructuring & Insolvency August 16, 2019 4:11 pm By Amelia Birnie

A judge has sent insolvency firm Ferrier Hodgson back to the drawing board to redraft its pleadings against the former directors and auditors of collapsed […]

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Litigation must not descend into ‘staged trench warfare’, top judge tells ASIC, ANZ
Financial Services August 16, 2019 11:54 pm By Christine Caulfield

The Federal Court’s top judge has urged ASIC and ANZ to continue their “litigation good faith” in the corporate cop’s action over $35 million in […]

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Fairfax appeals $280K Chau Chak Wing defamation judgment, says journo didn’t lie
Defamation August 15, 2019 10:27 pm By Miklos Bolza

Fairfax Media has challenged a judge’s “gravely serious” suggestion that one of its journalists lied about a confidential source, during the first day of a […]

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APRA slaps Allianz with extra $250M capital requirement over risk management issues
Financial Services August 14, 2019 4:36 pm By Amelia Birnie

Insurance company Allianz Australia will need set aside an extra $250 million in capital until it strengthens its risk management, making it the fifth financial […]

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Judge calls on ASIC, Austal to make ‘good faith’ effort to limit scope of privilege claims
Securities August 14, 2019 10:38 pm By Christine Caulfield

A judge has ordered ASIC and defence shipbuilder Austal to try to narrow the scope of documents at the centre of the regulator’s case challenging […]

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