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ā€˜Dangerous propositionā€™: Judge refuses early liability determination in Dick Smith insurer class action
Class Actions 2019-08-12 1:34 pm By Amelia Birnie

The plaintiffs in an investor class action brought against the insurers of Dick Smith have lost an early bid to determine the viability of their […]

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Surfstitch, shareholders to make ‘last, final attempt’ at class action settlement
Class Actions 2019-08-09 8:07 pm By Amelia Birnie

The parties in two shareholder class actions brought against online fashion retailer Surfstitch will make one ā€œlast, final attemptā€ to resolve the proceedings in mediation […]

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Investors set to get 40% of settlement in class action against Westpac’s BankSA
Class Actions 2019-07-19 3:12 pm By Christine Caulfield

Group members in a recently settled class action against Westpac unit BankSA over its conduct in connection with convicted Ponzi schemer Michael Samra are expected […]

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Shifting sands: orders for defendants to produce insurance policies in class actions
Expert Insights 2019-07-17 11:22 pm By Cat Fredenburgh

We have started to see the Federal Court use its discretionary powers in respect of class actions to order defendants to disclose their insurance policies […]

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Liquidator admits ‘significant deficiencies’ and agrees to 10-year ban
Restructuring & Insolvency 2019-07-17 10:07 pm By Miklos Bolza

Veritas Advisory liquidator David Iannuzzi has admitted to “quite significant deficiencies” in his conduct as a liquidator and agreed to a 10-year ban from serving […]

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Former Dick Smith execs may seek to vacate trial date if cross claims filed
Class Actions 2019-07-12 9:18 pm By Amelia Birnie

Two former executives of Dick Smith may seek to vacate an upcoming trial date for two class actions against the failed retailer, after recently being […]

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Dick Smith insurers face class action over IPO-related policy
Class Actions 2019-07-08 4:43 pm By Miklos Bolza

Allianz and a number of other insurers of Dick Smith are now facing a class action over the extent of coverage under an insurance policy […]

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Westpac unit settles class action over Samra Ponzi scheme
Class Actions 2019-07-03 3:50 pm By Cat Fredenburgh

Westpac unit BankSA has reached an agreement to settle a class action alleging it failed to detect the fraud of convicted Ponzi schemer Michael Samra. […]

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ASIC appeals ruling in market manipulation case against NAB contractor Whitebox
Securities 2019-06-28 11:39 pm By Cat Fredenburgh

The Australian Securities and Investments Commission is challenging the dismissal of its enforcement action againstĀ  National Australia Bank contractor Whitebox Trading and sole director Johannes […]

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Incentive-based funding commission dropped in IAG insurance class action
Class Actions 2019-06-28 12:48 pm By Amelia Birnie

The funder backing the IAG add-on insurance class action has agreed to a fixed 25 per cent commission, after the plaintiff copped criticism from a […]

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