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Creditors vote to place debt-laden Greensill in liquidation
Restructuring & Insolvency 2021-04-22 3:46 pm By Christine Caulfield

Creditors of Greensill Capital have voted to liquidate the company’s assets after no buyer emerged to rescue the debt-stricken financial services firm.

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AFR apologises to iSignThis as defamation case settles
Defamation 2021-04-22 3:22 pm By Cat Fredenburgh

The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.

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‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action
Class Actions 2021-04-21 10:37 pm By Cindy Cameronne

A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s $754 million capital raising in 2014 to explain how the amount by which the mining company’s assets were allegedly overvalued was calculated.

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Arnott’s asks court to nuke Goodman Fielder’s ‘Plantry’ frozen foods trade mark
Intellectual Property 2021-04-21 3:46 pm By Miklos Bolza

Food giants Arnott’s and Campbells have hit back in an infringement case over their ‘Plantly’ trade mark, filing a cross-claim that seeks to cancel rival Goodman Fielder’s ‘Plantry’ mark.

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Creditors of LGL Commodities may have case against lawyers, judge says
Restructuring & Insolvency 2021-04-21 3:35 pm By Christine Caulfield

Creditors of LGL Commodities might have a right of action against solicitors for the company’s liquidators for failing to comply with court orders and omitting evidence in a case against a former director, a judge has ruled.

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Car dealers slap General Motors with class action for retiring Holden brand
Class Actions 2021-04-21 1:05 pm By Miklos Bolza

A group of car dealers has hit a unit of car giant General Motors with a class action for allegedly breaching its contract by retiring the Holden brand in Australia last year.

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Lawyer wins costs despite rejecting $120,000 settlement offer in defamation case
Defamation 2021-04-21 11:24 am By Miklos Bolza

News Corp and journalist Annette Sharp will have to pay the legal costs of Sydney lawyer Christopher Murphy who won a $110,000 judgment in his defamation case against the publisher, despite the lawyer rejecting an $120,000 offer to settle the case.

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The Athlete’s Foot hit with lawsuit over alleged sexual assault
Employment 2021-04-20 6:33 pm By Cindy Cameronne

A former employee of The Athlete’s Foot has sued the sports footwear chain over an alleged sexual assault which she claims took place after a work-related event, saying the alleged perpetrator threatened her for complaining to the national manager, who dismissed her allegations.

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‘Undervalued’ Lendlease land purchase roils one of Australia’s richest families
Real Estate 2021-04-20 5:33 pm By Cindy Cameronne

The children of one of Australia’s wealthiest families are locked in a legal battle, with a judge preliminarily allowing the daughter to bring derivative proceedings against her brother for allegedly giving property developer Lendlease options to buy land owned by the trust for which she is a beneficiary for a “significant undervalue”.

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Brother of NBA star sues sister for defamation over historical sexual abuse allegations
Defamation 2021-04-20 4:53 pm By Miklos Bolza

The half-brother and manager of NBA star Ben Simmons has filed defamation proceedings against his half-sister over a barrage of tweets accusing him of sexually molesting her when she was a child.

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