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Funder likens itself to pinata in hearing over $9.5M class action settlement
Class Actions 2021-02-01 7:15 pm By Spencer Fowler Steen

The funder behind a class action against McMillan Shakespeare has warned against the court beating it up like a ‘pinata’ in a settlement approval hearing […]

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Judge refuses class action’s bid to amend forex cartel case against banks
Class Actions 2021-02-01 3:24 pm By Christine Caulfield

A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig […]

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Woolworths to pay $44.5M to settle shareholder class action
Class Actions 2021-01-29 4:31 pm By Miklos Bolza

A $100 million shareholder class action against supermarket giant Woolworths has settled for $44.5 million, a few days before a 15-day trial was set to […]

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$100M Woolworths shareholder class action set for February hearing
Class Actions 2021-01-20 3:31 pm By Miklos Bolza

Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led […]

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Security for costs not a matter of merits, CBA class action judge says
Class Actions 2021-01-08 9:53 pm By Spencer Fowler Steen

A fight over whether a class action applicant must fork over security for costs is not a matter of the strength of the case, says […]

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Facebook, Instagram waived right to arbitrate startup’s competition case
Competition & Consumer Protection 2020-12-23 6:41 pm By Cat Fredenburgh

Facebook and its subsidiary Instagram have lost a bid to shut down a lawsuit brought by an Australian social media startup, with a judge finding […]

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Law firms agree to consolidate AMP insurance class actions
Class Actions 2020-12-22 1:18 pm By Cat Fredenburgh

Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings. […]

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ASIC won’t challenge loss in Tennis Australia case, but more claims may be coming
Sports 2020-12-09 9:52 pm By Miklos Bolza

ASIC will not appeal a Federal Court decision tossing the majority of its case against former Tennis Australia director Harold Mitchell and accusing the regulator […]

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Last stop for ACCC as High Court refuses leave to appeal Pacific National, Aurizon deal
Competition & Consumer Protection 2020-12-08 1:34 pm By Christine Caulfield

The ACCC has reached the end of the line in its challenge to Pacific National’s $205 million acquisition of Aurizon’s Acacia Ridge Terminal in Queensland, […]

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Murray Goulburn’s former top execs banned from managing companies
Agriculture 2020-11-13 10:31 pm By Christine Caulfield

Murray Goulburn’s former managing director Gary Helou and chief financial officer Brad Hingle have been disqualified from heading up companies after they were found to […]

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