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Original lawyers in BankSA class action want bigger stake of multi-million dollar settlement
Class Actions 2019-08-20 8:46 pm By Amelia Birnie

The original solicitors who stepped down from leading a class action against Westpac unit BankSA amid abuse of process allegations will bring separate proceedings in the Federal Court seeking a bigger slice of the multi-million dollar settlement sum to cover their costs.

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Barclays, other banks in forex cartel class action must produce US case docs
Competition & Consumer Protection 2019-08-15 3:36 pm By Christine Caulfield

A judge has ordered a group of banks facing a competition class action over alleged foreign exchange rate-rigging to hand over documents they produced as part of settlement agreements in class actions in the US and Canada.

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Class to fight CIMIC’s ‘opportunistic’ bid to strike out pleadings
Allens 2019-08-09 9:06 pm By Miklos Bolza

A shareholder class action against CIMIC Group will fight a strike out application it has slammed as an “opportunistic” late-stage move by the global engineering firm made only because the trial was previously vacated.

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Cartridge reseller must prove it’s ‘good for the money’ as landmark patent case goes to High Court
Intellectual Property 2019-08-09 8:35 pm By Miklos Bolza

Ink cartridge reseller Calidad has been ordered to show evidence of its finances in support of its application to stay a Full Court judgment while it waits for the outcome of its special leave application to the High Court in a landmark patent infringement dispute with printer giant Seiko Epson.

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Docs seized in AFP raid of convicted land mogul’s offices can be handed to liquidators
Restructuring & Insolvency 2019-08-07 8:25 pm By Miklos Bolza

The Full Federal Court has dismissed two appeals by convicted land mogul Allen Caratti seeking to prevent liquidators of five of his companies from obtaining documents seized in two 2015 raids by the Australian Federal Police.

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Unilever drops appeal over Nivea deodorant claims
Competition & Consumer Protection 2019-08-05 9:53 pm By Cat Fredenburgh

Consumer giant Unilever has dropped its challenge to a ruling that found competitor Beiersdorf did not make misleading claims about its Nivea clinical strength deodorant products.

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Judge says shareholder class action against Brambles ‘taking too long’
Class Actions 2019-07-31 2:43 pm By Christine Caulfield

A judge overseeing a consolidated shareholder class action against logistics company Brambles has expressed frustration with the parties, who are locked in an unresolved discovery battle three months after his order consolidating the litigation.

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Class action dropped against failed financial planner Navra Group
Class Actions 2019-07-29 1:14 pm By Miklos Bolza

The applicants in a class action against Navra Group have dropped their case after group members settled their claims in a separate proceeding with the defunct financial planner’s liquidators.

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Judge OKs Westpac’s confidential class action settlement over unregistered investment scheme
Class Actions 2019-07-26 2:28 pm By Christine Caulfield

A judge has signed off on a confidential settlement resolving a class action brought by investors against Westpac over its role in an unregistered managed investment scheme run by now deceased financial advisor Tony Famularo.

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$27M Fitch class action settlement approved after scolding by judge
Class Actions 2019-07-25 7:10 pm By Amelia Birnie

Group members in the Fitch Ratings class action have recovered almost 95 per cent of their losses in a $27 million settlement, which was narrowly approved after a judge scolded the parties for a lack of clarity around the mediation and opt-out process.

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