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IC Markets CEO hit with guillotine orders for filing defence
Class Actions 2024-12-19 3:40 pm By Andy Sidler

A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.

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Boral wins challenge to CEO cross-examination in class actions
Class Actions 2024-12-18 4:43 pm By Cindy Cameronne

Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report. 

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Hytera can’t dodge ‘substantial industrial theft’ finding in Motorola case
Intellectual Property 2024-12-18 3:28 pm By Sam Matthews

An appeals court has rejected Chinese radio manufacturer Hytera’s challenge to a finding it misappropriated the source code of US mobile phone giant Motorola.

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Melbourne law firm argues 700 clients can’t sue for negligence in class action
Class Actions 2024-12-18 5:33 pm By Cindy Cameronne

A law firm facing a representative proceeding for allegedly giving negligent advice to 700 survivors of institutional child sexual abuse is seeking to strip the case of class action status.

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Slashing funder’s stolen wages cut could deter public interest cases, court told
Class Actions 2024-12-17 11:59 pm By Sam Matthews

Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the “bottom end” rate could deter investments in public interest class actions.

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Lawyers for Banksia class action funder face possible court action
Legal Ethics 2024-12-18 11:28 pm By Christine Caulfield

The firm that represented the funder of the notorious Banksia class action faces potential proceedings by a group of debenture holders. Meanwhile, Banksia’s receiver wants a court direction that he is justified in not pursuing the lawyers.

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Qantas to pay $120M to settle ground crew outsourcing case
Employment 2024-12-17 11:52 pm By Christine Caulfield

Qantas has reached an agreement to pay $120 million in compensation to 1,800 ground crew staff who were found to have been illegally sacked.

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Active Super says ASIC penalty would fall on ‘poor old members’
Financial Services 2024-12-17 11:33 pm By Cindy Cameronne

The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members. 

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Ex-EY partner’s reputation ‘only thing of value to him’, court told
Tax 2024-12-17 4:20 pm By Cindy Cameronne

An ex-EY partner accused of pocketing $700,000 in commissions in a tax loss scheme wants to vindicate his reputation at trial but is weighing whether to keep his silence, a court has heard.

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Construction PRO
Meriton to face more evidence of alleged $8M defects at Symphony apartments
Construction 2024-12-19 2:38 am By Christine Caulfield

The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case “an example of how proceedings in the Technology and Construction List should not be conducted”.

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