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‘Maybe they should have thought about that before they kicked off a class action’: Judge baulks at Guvera proposal
Class Actions 2021-07-05 11:07 am By Cat Fredenburgh

A judge has rejected a request that he approve a settlement with the lead applicants in a class action by investors in failed music streaming platform Guvera that would dispense with the class action without notice being sent to group members.

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Judge blasts ‘improper’ conduct by lawyers in $553,000 ruling against US rapper The Game
Entertainment 2021-05-25 9:44 pm By Miklos Bolza

A judge has slammed the “highly improper” conduct of lawyers in a judgment ordering US rapper The Game and his manager to pay over $553,000 to an Australian music promotion company over a cancelled tour in 2017.

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Director can’t represent Oculus in Guvera investor class action
Class Actions 2021-04-30 2:57 pm By Cat Fredenburgh

A director of Gold Coast accounting firm Oculus has lost his bid to represent the company in a class action by investors in failed music streaming platform Guvera, with a judge unconvinced the company lacked the means to fund the litigation and finding the director was not suitable to represent the company.

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Judge pushes for trial early next year in Opal Tower class action
Class Actions 2021-03-25 3:30 pm By Miklos Bolza

A judge has suggested hearing the long-running class action over the Opal Tower disaster as early as the first quarter of next year, as the court juggles three concurrent lawsuits and a slew of cross-claims over the doomed building.

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FE Sports to pay $350,000 penalty for ‘serious’ resale price maintenance
Competition & Consumer Protection 2021-03-24 9:01 pm By Miklos Bolza

Brisbane-based sporting goods wholesaler FE Sports has been fined $350,000 for engaging in resale price maintenance that prohibited dealers from advertising certain products for less than the recommended retail price.

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Dreamworld operator denies ‘obvious’ ride risks in $310M class action defence
Class Actions 2021-03-15 12:14 pm By Miklos Bolza

Ardent Leisure Group has hit back at a $310 million shareholder class action, denying that there were “obvious” risks in its Thunder River Rapids Ride ahead of a 2016 tragedy at the Dreamworld theme park which claimed four lives.

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ATO wins High Court appeal against Travelex over mistaken $149,000 tax surplus
Tax 2021-03-10 3:45 pm By Miklos Bolza

The High Court has ruled that the tax office was not obliged to refund money for tax surpluses mistakenly issued under the GST Act, in a long-running legal dispute between the Commissioner of Taxation and foreign currency exchange Travelex.

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‘I’m not having vague excuses about COVID in the UK’: Judge slams ex-Linchpin director
Financial Services 2021-02-18 6:54 pm By Spencer Fowler Steen

A judge will not let proceedings brought by ASIC against four former Linchpin Capital directors drag on, slamming a “vague” excuse from one of the directors, who awaits word from his insurers on whether his defence costs will be covered, that London is still in a state of “total confusion” due to COVID-19.

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High Court grants special leave in backpacker tax case
High Court 2021-02-12 12:53 pm By Cat Fredenburgh

The High Court has granted special leave to a British citizen who is locked in a dispute with the Australian Taxation Office over a 15 per cent ‘backpacker tax’ imposed on holders of Australian working holiday visas.

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Former Linchpin boss gets legal aid while waiting on insurers in ‘chaotic’ London
Restructuring & Insolvency 2021-02-10 4:43 pm By Christine Caulfield

London is in a “complete state of chaos” and no amount of pressing by law firm Moray & Agnew has produced an answer from underwriters about the extent of his insurance coverage, former Linchpin Capital Group CEO Peter Daly has said in a three-paragraph defence to disqualification proceedings by the corporate regulator.

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