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Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Corporate 2022-03-28 8:57 pm By Miklos Bolza

Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.

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High Court won’t hear Clive Palmer’s appeal over $102M Queensland Nickel loan
Energy & Natural Resources 2022-03-25 1:50 pm By Miklos Bolza

The High Court has declined a special leave application by Clive Palmer-owned mining firms challenging a judgment which ordered the billionaire to repay a $102 million loan taken out from Queensland Nickel prior to its collapse in 2016.

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Honda hit with lawsuit over abandoned dealership model
Competition & Consumer Protection 2022-03-16 7:02 pm By Sam Matthews

Honda Australia has been hit with a lawsuit by three former dealers over its decision to abandon a dealership model in Australia, the latest car maker to face litigation by car dealers.

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‘Intimate’ encounter with student no cause for ANU professor’s dismissal, FWC says
Employment 2022-03-16 1:56 pm By Sam Matthews

A Fair Work commissioner who previously slammed vaccine mandates as “medical apartheid” has found that an Australian National University professor was unfairly fired over a 30-minute “intimate” beach encounter with a student.

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Cryptocurrency class action faces knockout bid
Class Actions 2022-03-14 11:38 am By Sam Matthews

The issuer of Gold Coast-based cryptocurrency Qoin has asked a court to throw out a class action alleging breaches of the ASIC Act and Australian Consumer Law in relation to the issue of the utility coin. 

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TerraCom can’t keep PwC report from ASIC investigators
Energy & Natural Resources 2022-03-11 10:14 pm By Christine Caulfield

Mining company TerraCom has lost a case seeking to shield a report by PricewaterhouseCoopers from the Australian Securities and Investments Commission, which is investigating claims current and former executives falsified coal quality results.

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HWL Ebsworth says missing clause couldn’t have led to client’s $130M loss
Professional Negligence 2022-03-08 9:09 pm By Bianca Hrovat

HWL Ebsworth has told a judge the law firm’s omission of a mutual debt liability clause in a joint venture contract could not have led former client Dairycorp to lose a $130 million opportunity to develop land northwest of Sydney.

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HWL Ebsworth overlooked ‘obvious red flags’ in joint venture contract, trial told
Professional Negligence 2022-03-07 9:11 pm By Bianca Hrovat

HWL Ebsworth’s clients suffered a staggering $130 million loss when the law firm’s solicitors failed to notice “obvious red flags” in a joint venture contract for an ambitious Sydney-based land development, a court has heard.

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$2.5M in damages sought in ‘Love Is In The Air’ copyright suit
Intellectual Property 2022-03-01 4:06 pm By Miklos Bolza

The holder of the licence for ‘Love Is In The Air’ is seeking $2.5 million in damages from Oregon electronic music duo Glass Candy for infringing the copyright for the 1970s disco hit, despite a judge dismissing most claims for damages against the pair.

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HWL Ebsworth’s boss can’t slug former partner with costs in case over failed IPO
Business of Law 2022-02-21 10:06 pm By Christine Caulfield

Managing partner of HWL Ebsworth Juan Martinez has lost his bid for an order for costs against a former capital partner in a $4.4 million suit after the partner unsuccessfully sought to have the law firm boss named as representative defendant.

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