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A court has dismissed a long-running case against defunct Babcock & Brown executives by a private investment fund over a botched $1.4B acquisition of the biggest laundry equipment provider in the US, saying the executives did not breach their duties by failing to disclose that the bank underwriting the deal allegedly wanted out.
Pop singer Guy Sebastian will enter mediation later this month in an attempt to settle his dispute with former manager Titus Day over allegedly unpaid entitlements for promotional work.