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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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Former PwC partner settles defamation claim over tax leaks statements
Defamation 2024-11-12 11:29 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.

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Ex-EY partner accused of tax loss scheme can shield email to general counsel
Tax 2024-11-11 3:00 pm By Cindy Cameronne

A former EY partner accused of pocketing $700,000 in secret commissions can shield an email from the firm’s tax leader to its general counsel despite the firm having waived privilege. 

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Judge’s copy and paste decision a ‘canary in a coal mine’, experts say
Analysis 2024-11-11 11:36 pm By Cindy Cameronne

A time-strapped judge’s decision that was set aside for “uncritical copying and pasting” exposes deeper issues about stressed judges at under-resourced courts with “extraordinary workloads”, experts say.

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Velocity Rewards joined to Virgin class action despite ‘barely arguable’ claim
Class Actions 2024-11-11 4:43 pm By Cindy Cameronne

A judge has allowed investors bringing a class action against Virgin to join Velocity Rewards to the case, despite finding the proposed claims against the frequent flyer program are “barely arguable”. 

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Court clarifies licensing regime in win for offshore wind project
Energy & Natural Resources 2024-11-11 2:51 pm By Sam Matthews

A judge has overturned energy minister Chris Bowen’s refusal to greenlight energy company Seadragon’s offshore wind farm project off the coast of Gippsland.

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Rio Tinto defeats appeal by Russian aluminium producer over war sanctions
Energy & Natural Resources 2024-11-11 11:40 pm By Andy Sidler

An appeals court has backed a decision by six Rio Tinto units to refuse delivery of alumina to Russia’s largest aluminium producer because it would run afoul of sanctions imposed after Russia invaded Ukraine.

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Ex-Demons chair Glen Bartlett settles defamation suit against club execs
Defamation 2024-11-11 2:27 pm By Julia Kanapathippillai

The former chair of the Melbourne Demons has settled a lawsuit he brought against senior executives of the club over allegedly defamatory statements.

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ATO, PepsiCo fight over royalty withholding tax goes to High Court
Tax 2024-11-08 11:06 pm By Cat Fredenburgh

The ATO has won the nod from the High Court to appeal a finding that a royalty withholding tax did not apply to payments from Schweppes to PepsiCo under agreements to sell brands like Pepsi and Gatorade in Australia.

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