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CIMIC to pay $32.4M to settle shareholder class action
Class Actions 2020-02-11 10:31 pm By Cat Fredenburgh

Engineering services company CIMIC will fork over $32.4 million to settle a shareholder class action, with group members expected to get 40 per cent of […]

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ACCC finds Barro stake in Adelaide Brighton won’t harm competition
Competition & Consumer Protection 2020-01-30 4:05 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has found Barro Group’s 43 per cent stake in Adelaide Brighton, acquired over a number of years, will not […]

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CFMEU boss sues John Setka for poaching union members
Employment 2020-01-15 5:33 pm By Miklos Bolza

The national secretary of the Construction Forestry Maritime Mining Energy Union has filed an urgent lawsuit against union heavyweight John Setka and 29 other officers […]

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Full Court says Oxworks wrongly awarded extra damages in patent suit
Intellectual Property 2020-01-09 5:14 pm By Miklos Bolza

The Full Federal Court has provided clarity around additional damages in patent cases by reducing the penalties liable to be paid by an Australian fencing […]

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Bankruptcy trustee can rip up agreement giving litigation funder 85%
Restructuring & Insolvency 2020-01-09 2:42 pm By Miklos Bolza

A court has allowed a bankruptcy trustee to drop an “extremely disadvantageous” litigation funding agreement, which provided the funder with an 85 per cent commission, […]

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Judge signs off on $18M UGL class action settlement
Class Actions 2019-12-18 2:16 pm By Cat Fredenburgh

A Federal Court judge has signed off on an $18 million settlement in a shareholder class action against UGL over its Ichthys power plant disclosures […]

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De-classing threat revived as 3A Composites slams ‘simply shambolic’ combustible cladding action
Product Liability 2019-12-16 9:25 pm By Miklos Bolza

German cladding manufacturer 3A Composites has again threatened to call for the de-classing of a class action brought over allegedly combustible cladding, slamming the case […]

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‘Haircut’ by law firm, funder in Forge class action settlement appropriate, judge says
Class Actions 2019-12-16 6:13 pm By Christine Caulfield

A self-imposed cap on legal fees and a reduced funding cut of a $16.5 million settlement in a class action against failed construction company Forge […]

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Engineer to point finger at construction company in Opal Tower class action
Class Actions 2019-12-10 10:20 pm By

Structural engineer WSP Structures plans to bring a cross claim against the construction company behind Sydney’s troubled Opal Tower, after it was dragged into a […]

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Judge greenlights $16.5M Forge class action settlement
Class Actions 2019-12-10 11:29 am By Christine Caulfield

A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group. Federal Court […]

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