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Gov’t throws Rex a lifeline with $50M debt acquisition
The federal government will take on $50 million of Rex Airlines' debt to keep the troubled regional carrier flying.
Baker McKenzie, others win $3.5M security in Armour takeover case
A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
Evolution Mining stung with shareholder class action over gold mine forecasts
Gold mining company Evolution Mining is facing a shareholder class action for its alleged failure to disclose issues with the performance of its Canadian gold mine.
Babcock & Brown shareholders can’t stay costs orders in failed 10-year-old case
Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.
ASIC can bring case against Rex Airlines, directors
ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company's financial position.
ASIC, Noumi win appeal in privilege fight over PwC report
An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.
Boral wins challenge to CEO cross-examination in class actions
Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report. 
CIMIC settles shareholder class action for $45.25M
CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company. 
Mesoblast class action settlement wins court OK
A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.