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Judge refuses ‘queue jumping’ request in Sirtex CEO insider trading case
An application by the former boss of Sirtex Medical for a sentencing date in the insider trading case against him has raised the ire of a NSW District Court judge, who called the bid premature and an attempt to jump the queue.
Fitch settles investor class action over credit ratings on toxic SCDOs
Fitch Ratings has agreed to settle the last of the investor class actions in Australia flowing from the global financial crisis, a court heard Friday.
Ex-Norton Rose lawyer can appeal privilege ruling over partner communications in feud with firm
A terminated Norton Rose Fulbright partner has won a bid to challenge a ruling in his dispute with the law firm that denied him access to communications between partners on the grounds that the documents were privileged.
Judge dismisses ‘puzzling’ bid to boot FW Projects liquidators
Two construction companies have lost what a court has called a "puzzling" bid to oust the liquidators of collapsed FW Projects amidst a legal battle in the NSW Supreme Court over the property developer's remaining assets.
Vocus to refund customers over misleading claims for second time in a month
Vocus Group’s energy brands Dodo and CovaU have promised to refund their customers after being been fined more than $50,000 by the consumer watchdog over allegedly misleading claims about percentage discounts on energy plans.
Celebrity chef George Calombaris back-pays $7.8 million to underpaid staff
The Melbourne restaurant group founded by celebrity chef George Calombaris has back-paid $7.8 million to more than 500 workers, after a Fair Work investigation uncovered significant staff underpayments.
Guy Sebastian’s former manager admits to owing singer money, court hears
Titus Day, former manager of pop star Guy Sebastian, admits that certain payments for promotional work should have been made to the singer, a court has heard.
Shifting sands: orders for defendants to produce insurance policies in class actions
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 to plaintiffs. The emergence of these disclosure orders is an example of the flexible and pragmatic approach increasingly being adopted by the Federal Court in class actions, say Johnson Winter & Slattery's Frances Dreyer and Nicholas Briggs.
CEO taken to court for allegedly paying nanny $2.33 an hour
The CEO of a property development company faces enforcement action by the Fair Work Ombudsman for allegedly paying his nanny $2.33 an hour for over 100 hours of work a week.
Liquidator admits ‘significant deficiencies’ and agrees to 10-year ban
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 as an insolvency practitioner.