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Fraud charges against ailing Octaviar director dropped
Financial Services 2023-04-03 3:31 pm By Christine Caulfield

Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.

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Barry Nilsson poaches six from Norton Rose to boost insurance practice
People In The News 2023-04-03 4:28 pm By Cindy Cameronne

Boutique law firm Barry Nilsson has snagged a Norton Rose Fulbright disputes partner who specialises in healthcare product liability class actions and his five-member team to join its Sydney office. 

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NSW government fights bid for transactional documents in Westconnex class action
Class Actions 2023-03-31 4:07 pm By Cindy Cameronne

Transport for NSW has refused to hand over transactional documents related to its $16 billion Westconnex project in a class action over the alleged fraudulent acquisition of land to construct the tunnel in inner western Sydney. 

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Nine accused of dragging feet in surgeon’s defamation case
Defamation 2023-03-31 4:21 pm By Sam Matthews

Nine has won more time to file its evidence in advance of a six-week trial in defamation proceedings by surgeon Dr Munjed Al Muderis, despite a judge noting its “under-resourcing” of the matter, which the court heard could involve the broadcaster calling up to 40 witnesses.

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Dealers in GM class action accepted support agreements, court told
Class Actions 2023-03-31 10:56 pm By Cat Fredenburgh

Car dealers that brought a class action against General Motors over its decision to retire the Holden brand in Australia are refuting the car maker’s claims that they did not mitigate their alleged losses, telling the court they signed 1-year support agreements which GM has yet to execute.

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The Star can add claims in dispute over casino renovation
Construction 2023-03-31 1:57 pm By Sam Matthews

Star Entertainment can add new claims to a dispute over renovations at its Sydney casino, despite the fact that the defendant builder may be time barred from deflecting liability onto a subcontractor.

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Star execs deny duty to ensure casino operator complied with law
Gaming 2023-03-30 5:08 pm By Sam Matthews

Eleven current and former Star Entertainment executives have refuted ASIC’s claims that they breached their duties in relation to the casino operator’s lax money laundering compliance, with all but two denying they had a duty to ensure the company complied with its legal obligations.

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Class action targets Medibank’s failure to use multi factor authentication
Securities 2023-03-30 1:05 pm By Cindy Cameronne

A shareholder class action against Medibank has claimed it did not disclose “serious deficiencies” in its cybersecurity measures, including failing to implement security measures such as multi factor authentication, causing investors to buy shares at inflated prices. 

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Westpac, ASIC feud over scope of financial services in Ausgrid insider trading case
Corporate 2023-03-30 10:30 pm By Cindy Cameronne

Westpac has hit back at a bid by ASIC to add an allegation to the regulator’s insider trading case that hinges on the bank providing financial services when it traded on the morning of a $16 billion deal to privatise electricity provider Ausgrid.

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Albanese taunts ex-AG Christian Porter over team-up with Clive Palmer
Energy & Natural Resources 2023-03-30 10:51 pm By Sam Matthews

Prime Minister Anthony Albanese has derided former Attorney-General Christian Porter for reportedly leading Clive Palmer’s $300 billion arbitration claim against the federal government.

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