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Nationwide drops judicial bias claim in Geoffrey Rush defamation appeal
Nationwide News is backpedaling from claims that a $2.9 million defamation judgment won by actor Geoffrey Rush should be overturned because of apprehended bias on the part of the trial judge.
‘Time for commercial reality to bite’: Judge orders class closure in Takata air bags class actions
The judge overseeing seven class actions against some of the world's largest car makers over defective Takata airbags has ordered that class closure take place in advance of mediation, saying it was "time...for commercial reality to bite".
Pirate fund files $6.3M lawsuit against stock exchange over suspension
An investment fund named after a 17th-century pirate has hit the National Stock Exchange with a $6.3 million lawsuit over a suspension decision it calls "capricious" and a violation of the NSX's terms.
‘A point of high principle’: Funder argues it shouldn’t face costs for failed Airservices class action
The litigation funder that backed a now dismissed class action against aviation service provider Airservices has argued funders should not face costs orders in Fair Work class actions, with a judge saying the debate raised "a point of high principle".
ACCC extends review of $350M ANZ, GrainCorp deal
The Australian Competition and Consumer Commission has extended its review of ANZ Terminals' proposed acquisition of a unit of global agribusiness GrainCorp, after expressed competition concerns about the $350 million tie-up in July.
Quintis founder wins unredacted transcripts of ASIC chats with directors
Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.
Legal fee fight looms in HIH Insurance shareholder actions
Lawyers behind four quasi representative proceedings against the liquidators of collapsed HIH Insurance have launched a bid to recoup the costs of their successful 18-year-long legal battle.
Ashurst partner slams ruling from ‘confused’ judge in dispute with ex-judge neighbour
A partner at Big Six firm Ashurst has challenged a NSW Supreme Court decision appointing liquidators to his Point Piper home in a protracted dispute with an ex-judge neighbour, saying the judge was confused and made an order which was an "affront to our system of adversarial justice".
ANZ says ASIC overreaching in case over ‘periodical payment’ fees
ANZ has rejected allegations by the financial regulator that $35 million in fees charged to customers for periodical payments between accounts was unlawful, saying the regulator's case extended the scope of false and misleading representation claims.
Sydney Metro loses bid for Tiffany & Co chats in dispute over flagship store
High-end jewellery retailer Tiffany & Co has won its bid to block Sydney Metro from accessing privileged documents in a dispute over the compulsory acquisition of its store in Sydney's Martin Place for the $2.7 billion Sydney Metro rail project.