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Law firm loses fight over legal fees in Romeo’s class actions
Class Actions 2022-10-06 3:18 am By Cindy Cameronne

A judge has rejected a class action law firm’s challenge to her decision to slash its fees in two underpayments class actions against supermarket chain Romeo’s after finding it “seriously breached” rules of the legal profession. 

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Judge OKs $2.2M settlement in Drakes class action but questions law firm’s costs
Class Actions 2022-10-06 11:26 pm By Cindy Cameronne

A judge has approved a $2.2 million settlement in a class action on behalf of Drakes store managers who were allegedly underpaid but has deferred her approval of fees charged by the law firm — the same firm that saw its fees cut in two similar class actions.

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Judge doubts utility of Full Court hearing in sacked Greenwoods partner’s case
Employment 2022-10-06 4:02 pm By Cindy Cameronne

A judge has raised concerns about the utility of referring a satellite dispute over whistleblower protections to the Full Court in a $13 million lawsuit brought by an ex-Greenwoods & Herbert Smith Freehills partner.

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Legal spat over Russian embassy lease fast-tracked amid concerns about ambassador’s expulsion
Real Estate 2022-10-06 4:49 pm By Sam Matthews

Russia’s recent challenge to the Commonwealth’s allegedly unreasonable decision to terminate its lease to build a new embassy in Canberra could be heard in early 2023, amid concerns key witnesses could soon be kicked out of the country altogether.

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Jones Day snags intellectual property ace from Clayton Utz
Intellectual Property 2022-10-06 3:08 am By Cindy Cameronne

US-based multinational firm Jones Day has lured a partner from Clayton Utz to join its intellectual property team in Melbourne.

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Microsoft comes up short in IP retrial after ‘regrettable’ $2.8M judgment
Intellectual Property 2022-10-05 6:30 pm By Sam Matthews

A judge has dismissed the majority of Microsoft’s six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.

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Judge throws out ASIC evidence on tweets in ASX Wolf Trader’s case
ASIC 2022-10-05 4:48 pm By Cindy Cameronne

The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, has won his bid to exclude ASIC’s evidence about the meaning of his tweets in its case accusing him of providing unlicensed financial services.

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ANZ denies firing ex-money markets head over sexual harassment, APRA reporting complaints
Financial Services 2022-10-05 3:43 pm By Sam Matthews

The Australian and New Zealand Banking Group has hit back at allegations by its former head of money markets that he was sacked for making complaints about sexual harassment by senior managers at the bank and false reporting to the prudential regulator.

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Court appoints liquidator to litigation funder after claims of misuse of funds
Restructuring & Insolvency 2022-10-05 1:41 pm By Cindy Cameronne

Liquidators have been appointed to a litigation funder behind a funding agreement ripped up by the court last year that would have given it a hefty 85 per cent commission.

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‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Class Actions 2022-10-04 2:22 pm By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.

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