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Citing financial uncertainty, Star says trial in AUSTRAC case should not wait
AUSTRAC 2025-04-16 11:26 pm By Julia Kanapathippillai

Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Sky News loses appeal in case of ‘wholesale copying’ by media monitor Isentia
Intellectual Property 2025-04-16 11:33 am By Christine Caulfield

An appeals court has dismissed Sky News’ challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite “wholesale copying” of content for government clients.

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Allens, HSF advise on ACEN’s renewable energy portfolio financing
Corporate 2025-04-14 11:31 pm By Christine Caulfield

Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia’s renewable energy portfolio.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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CIMIC class action wins court nod for $45.25M settlement
Class Actions 2025-04-07 2:04 pm By Christine Caulfield

A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.

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Star accepts $300M takeover offer from Balley’s
M&A 2025-04-07 11:53 pm By Cat Fredenburgh

Star has agreed to a $300 million deal that will see the embattled company taken over by US-based casino operator Balley’s.

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AUSTRAC wants intel in Entain case kept out of criminal hands
Gaming 2025-03-28 2:13 pm By Cindy Cameronne

AUSTRAC has sought to suppress parts of its case against the operator of online gambling sites Ladbrokes and Neds, arguing the information should not get into the hands of criminals. 

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PwC settles former tax partner’s case over retirement payments
Accounting 2025-03-25 11:31 pm By Christine Caulfield

A former PricewaterhouseCoopers partner has settled his case against the consulting giant, which alleged he was denied promised retirement payments.

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CIMIC class action funder asks court to rule on hypothetical commission
Class Actions 2025-03-24 11:09 pm By Andy Sidler

The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable. 

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