Virgin bondholders attempt to block sale to Bain

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Virgin Australia unsecured bondholders have launched an application with the Takeovers Panel in a bid to stop the sale of the embattled airline to Bain Capital, claiming certain elements of the administration process were “unacceptable”.

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Sacked lawyer says he was ‘admonished’ for wearing Zara brand shoes, woollen jumpers

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A public sector lawyer has won a bid to have the workplace umpire hear claims he was refused pay rises after engaging in allegedly inappropriate behaviour that included wearing Zara brand shoes and woollen jumpers in the winter months.

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ACCC says Megasave Couriers misled franchisees

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National delivery company Megasave Couriers and its sole director have been taken to court by the consumer watchdog, which alleges franchisees were duped into purchasing a franchise outlet by false promises of guaranteed minimum weekly payments and annual income.

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Maddens slammed for fee disclosures in bushfire class action

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Maddens has once again been criticised for its non-compliant costs agreements, three months after receiving similar feedback from a Victoria Supreme Court judge overseeing the firm’s bushfire class actions.

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Westpac owes $8M to underpaid workers

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Westpac has become the latest company to discover it shortchanged workers, announcing it will pay $8 million to around 8,000 current and former staff who were not paid long service leave entitlements.

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Virgin administration ignites legal fight over jet engines

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A US-based aviation leasing company has launched proceedings against Virgin Australia and its administrators, seeking possession of aircraft engines and other parts in the first legal challenge to the conduct of the administration.

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Contingency fee applications must be made ASAP in class actions, court says

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Law firms seeking to bring class actions on a contingency fee basis in the Victorian Supreme Court must seek court approval for the now-legal arrangement as early as possible in the proceeding, the court has said.

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Mylan loses Lipidil appeal, despite court finding proof of intention not needed for Swiss-style claims

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Mylan Health has lost its challenge to a ruling that invalidated three patents related to its blockbuster cholesterol drug Lipidil, despite the appeals court finding the primary judge had erred by ruling that proof of intention was required for Swiss-style claims.

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More law firms pulled into Quintis class action as $46M insurance dispute heats up

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Three law firms will represent the insurers in new proceedings launched to resolve a $46 million insurance question delaying settlement of two shareholder class actions against sandlewood producer Quintis, bringing the total number of law firms working on the class action to eight.

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