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Lander & Rogers snags real estate partner from Gadens
Real Estate 2024-07-23 2:03 pm By Sam Matthews

Lander & Rogers has lured away a Gadens veteran to bolster its real estate practice in Brisbane. 

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Court questions GM’s interpretation of settlement in Holden class action
Class Actions 2024-07-22 11:04 pm By Sam Matthews

An appeals court has questioned General Motors’ construction of its settlement with the applicant in a class action on behalf of Holden dealers, as the car maker seeks to overturn a ruling that put it on the hook for the applicant’s full costs.

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McGrathNicol partners duck apprehended bias claims in Globaltech administration
Restructuring & Insolvency 2024-07-22 11:43 pm By Cindy Cameronne

A judge has rejected an application by a director of mining tech company Globaltech to replace administrators from McGrathNicol after arguing there was an appearance of bias since their fellow partners used to be on the board of its biggest unsecured creditor, Boart Longyear.

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McDonald’s opposes ‘skewed’ employee samples in underpayments class action
Class Actions 2024-07-22 3:06 pm By Cindy Cameronne

McDonald’s has raised concerns about a “skewed” sample of employees for the initial trial in a class action alleging the fast food giant denied shift managers compensation for pre- and post-shift work.

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Former Big Un CFO doesn’t have to file defence in liquidators’ case
Restructuring & Insolvency 2024-07-22 3:47 pm By Cindy Cameronne

The CFO of former market darling Big Un, who has been charged with insider trading, has been excused from filing a defence or taking other procedural steps in the collapsed company’s case against its ex-directors. 

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High Court asked to weigh plea for Australians in Syrian refugee camp
Human Rights 2024-07-22 11:56 pm By Christine Caulfield

A human rights group is continuing its fight for the release of Australians held in a Syrian refugee camp, bringing its case for a writ of habeas corpus to the High Court.

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Insignia Financial unit fined $10.7M for alleged super breaches
Financial Services 2024-07-22 11:11 pm By Cat Fredenburgh

A unit of Insignia Financial, formerly IOOF, has paid $10.7 million in infringement notices for allegedly failing to put members’ default superannuation contributions into MySuper products.

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In negligence suit, Gadens accused of derailing insolvent trading case
Professional Negligence 2024-07-19 1:40 pm By Sam Matthews

The liquidators of failed grain trader LGL Commodities have filed a professional negligence case against law firm Gadens, alleging its failure to comply with orders for evidence meant it lost the chance to win back over $6 million at trial.

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Amex hit with $8M penalty in first ever case over DDO breaches
Financial Services 2024-07-19 1:58 pm By Cindy Cameronne

A judge has ordered credit card giant American Express to pay $8 million in ASIC’s first-ever case over design and distribution obligations, but has criticised the recently enacted provisions as being “poorly drafted”. 

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Wealth guru Dominique Grubisa, DG Institute hit with $6M penalty
Competition & Consumer Protection 2024-07-19 10:42 pm By Sam Matthews

The ACCC has secured $6 million in penalties against wealth education company DG Institute and its CEO Dominique Grubisa, as well as orders that the company refund $14.7 million in course fees to customers who enrolled in its ‘Master Wealth Control’ program.

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