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$20M settlement in NAB class action OK’d despite concerns over lawyers’ fees
Class Actions 2025-02-26 10:14 pm By Sam Matthews

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant’s former lawyers to prepare “sub-optimal pleadings”.

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Coles, Woolworths class action judge won’t ‘rubber stamp’ firms’ plan to join forces
Class Actions 2025-02-21 3:43 pm By Cindy Cameronne

Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement. 

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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Accolade Wines wins spat with Pernod Ricard over business sale deal
Corporate 2025-02-19 11:38 pm By Cindy Cameronne

Wine producer Accolade has won a dispute with Pernod Ricard over interim arrangements to distribute wine after it bought the French winemaker’s Australian and New Zealand businesses.

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Development manager behind $2.7B STH BNK project owes $100M
Restructuring & Insolvency 2025-02-17 11:38 pm By Julia Kanapathippillai

The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors — including lawyers, consultants and designers — over $100 million.

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Competing class actions filed against Coles, Woolworth over ‘illusory’ disounts
Class Actions 2025-02-12 11:21 pm By Christine Caulfield

A second law firm has lodged class actions against Coles and Woolworths on the back of the consumer regulator’s claims that the supermarket giants’ discount campaigns were misleading.

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Ex-Super Retail lawyer appeals suppression orders
Employment 2025-02-03 11:37 pm By Christine Caulfield

Super Retail Group’s former top lawyer is fighting the dismissal of her application for performance of a settlement she says was reached following her dismissal from the company.

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Judge recuses himself from United Petroleum’s fight with Perth Airport over lease
Construction 2025-02-05 4:20 pm By Cat Fredenburgh

A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain’s witnesses.

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Group members to get half of $42.25M CIMIC class action settlement
Class Actions 2025-01-29 11:13 pm By Andy Sidler

Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.

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Sydney’s Westpoint Shopping Centre sells for record $900M
Real Estate 2025-01-30 11:27 pm By Julia Kanapathippillai

Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia’s largest individual retail asset transaction.

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