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Virgin bondholders blast Deloitte disclosures to court
Restructuring & Insolvency 2020-07-09 10:41 pm By Cat Fredenburgh

Virgin Australia bondholders contesting the sale of the airline to private equity firm Bain Capital have blasted the airline’s administrators at Deloitte for failing to inform the court when applying for confidentiality orders that the bondholders had sought information on the terms of the deal.

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Judge says FWC can hear dispute over stood down Qantas, Jetstar engineers
Employment 2020-07-09 8:35 pm By Cat Fredenburgh

The workplace umpire has jurisdiction to hear a case against Qantas and its budget subsidiary Jetstar brought by the union for licenced aircraft maintenance engineers stood down during the coronavirus pandemic, a judge has ruled in a blow to the airline.

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Decade-long dispute over vehicle parking monitoring patent rolls on
Appeals 2020-07-09 7:04 pm By Cat Fredenburgh

Vehicle Management Systems will take another crack at opposing a patent application by rival SARB Management Group for an integrated magnetic parking overstay detector.

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CBA won’t hand over docs to class action without AUSTRAC’s blessing
Class Actions 2020-07-08 9:24 pm By Miklos Bolza

The Commonwealth Bank of Australia has refused to provide sought-after documents to the lead applicants of a joint class action against it until AUSTRAC grants permission, citing concerns over possible criminal breaches if it hands over the material without the agency’s approval.

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Allianz hit with class action over ‘junk’ car insurance
Class Actions 2020-07-08 9:23 pm By Alison Eveleigh

Insurance giant Allianz is facing a class action over allegedly “poor value” or worthless car and motorcycle insurance products.

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Virgin administrators’ legal woes continue as bondholders try to uncover confidential Bain deal
Restructuring & Insolvency 2020-07-08 8:03 pm By Alison Eveleigh

A Virgin Australia unsecured bondholder has launched legal proceedings to uncover confidential details of the sale of the embattled airline to Bain Capital, with the administrators now facing three disputes in the wake of the administration.

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Queensland Nickel liquidators appeal $100M loss in case against Clive Palmer
Appeals 2020-07-08 7:35 pm By Christine Caulfield

The liquidators of Clive Palmer’s Queensland Nickel are appealing a win for the billionaire in their case over the collapse of the refinery in 2016, which centred on $102 million in loans allegedly paid by Queensland Nickel to Palmer’s Mineralogy.

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White & Case nabs former Lendlease GC for disputes team in Sydney
Business of Law 2020-07-08 7:29 pm By Alison Eveleigh

Global law firm White & Case LLP has lured the former general counsel of Lendlease Construction Australia to join the firm’s Sydney office.

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Special purpose liquidators appointed by judge to investigate claims against Phoenix directors
Restructuring & Insolvency 2020-07-08 7:12 pm By Miklos Bolza

A judge has appointed special purpose liquidators to investigate the affairs of failed VET provider Phoenix Institute and its directors after the Commonwealth complained of “a difficult working relationship” with the training company’s current liquidators.

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LG loses challenge to Samsung QLED trade mark
Intellectual Property 2020-07-08 6:36 pm By Miklos Bolza

LG Electronics has lost its opposition to Samsung Electronic’s registration for its ‘Samsung QLED’ trade mark despite IP Australia acknowledging that Samsung’s phones did not contain QLED technology.

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