Sydney light rail case ‘wholly unsuitable’ as a class action, Transport for NSW tells court

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The NSW government has flagged a possible challenge to a class action over Sydney’s $3 billion delayed light rail project as the four-week trial scheduled for June is pushed back another year to allow time for more discovery.

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Domain sues startup rival Zango over ‘misleading’ ads

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Online real estate giant Domain has filed a lawsuit against an up-and-coming competitor in the property listings market, alleging the startup’s ads misleadingly claim it will have property listings before any of its rivals.

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High Court won’t hear landowners case over payout for WestConnex project

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Three Sydney commercial landlords whose properties were compulsorily acquired to make way for the WestConnex project have come to the end of the road in their fight for $56.5 million in compensation, with the High Court refusing to hear their case.

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ASIC wins case over options trader’s ‘deliberate deception’

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ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the “deliberate deception of vulnerable people”.

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Biotechs to battle in Federal Court over ‘Access’ trade marks

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Two biotech companies that provide molecular diagnostic products used in genetic screening will face off in Federal Court over whether one of the company’s ‘Access’ trade mark is likely to confuse consumers.

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CFMEU’s John Setka says spat over member defection should be handled internally

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A bitter feud between the national office of the Construction Forestry Maritime Mining and Energy Union and union heayweight John Setka, who is accused of poaching members from the manufacturing division, should not play out in court, lawyers for Setka said Wednesday.

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Oliver Hume faces $12M legal challenge from overseas investors

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Real estate company Oliver Hume is facing three lawsuits from overseas investors seeking to get back the $12 million they invested in a mortgage fund that provided funding to property developers.

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Judge hits AMP with $5.2M penalty, says greedy financial adviser was ‘in the right place’

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The Federal Court has imposed a penalty of almost $5.2 million on AMP Financial Planning after finding it was “reckless” in its “lamentable failure” to properly respond to a now banned adviser who was churning life insurance for higher commissions.

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Vocus class action to seek first common fund order since High Court ruling

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The funder behind the recently resolved shareholder class action against teleco Vocus will ask a judge to make a common fund order at a hearing to approve a $35 million settlement of the case, the first common fund order since the High Court appeared to put the kibosh on them.

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