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ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct
Financial Services 2025-05-26 11:17 pm By Andy Sidler

ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as “shocking” and “truly scandalous”.

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Judge scolds HSBC for missing deadline to file defence in ASIC scam case
Financial Services 2025-05-26 11:37 pm By Julia Kanapathippillai

A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop’s case alleging the bank failed to protect customers from scams. 

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Qube, developer lose $20M claim against Defence over contaminated land
Construction 2025-05-23 11:59 pm By Christine Caulfield

A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 

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Clayton Utz lures energy partner from Gilbert + Tobin
Energy & Natural Resources 2025-05-21 11:58 pm By Julia Kanapathippillai

Clayton Utz has lured a top energy and infrastructure lawyer from Gilbert + Tobin to lead its energy practice. Alexander Danne will join the Clayton Utz partnership in July and will be based at the firm’s Melbourne office. Over his more than two decade-long career, Danne has amassed extensive experience, advising major regional and international…

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$7M suit over asbestos-tainted mulch in Sydney parks on ice pending criminal pleas
Environment 2025-05-20 11:02 pm By Christine Caulfield

A NSW Supreme Court judge has stayed civil proceedings relating to asbestos-contaminated mulch found in parks across Sydney amid ongoing criminal proceedings.

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AkzoNobel wins partial bid for more docs in ‘complex, massive’ Ichthys LNG case
Energy & Natural Resources 2025-05-19 11:51 pm By Andy Sidler

AkzoNobel has had some success in its late bid to have Japanese oil company INPEX produce documents filed in related proceedings against its insurers in their dispute over allegedly defective coating used on the $45 billion Ichthys natural gas project.

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Johnson Winter Slattery picks up Clayton Utz insolvency partner
Business of Law 2025-05-13 11:58 pm By Julia Kanapathippillai

Johnson Winter Slattery has hired a new partner for the firm’s restructuring and insolvency team.

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$59M settlement reached in rate-rigging class action against banks
Class Actions 2025-05-08 11:30 pm By Cat Fredenburgh

A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.

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Developer wins $200M in challenge to Sydney Metro compulsory land acquisition
Transportation & Infrastructure 2025-05-08 11:48 pm By Cindy Cameronne

Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.

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Private equity expert joins King & Wood Mallesons from Clayton Utz
Business of Law 2025-05-02 11:34 pm By Julia Kanapathippillai

A specialist private equity lawyer with over 20 years of experience has joined King & Wood Mallesons private capital team as a partner.

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