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Engineering firm CIMIC has sold off half of its transport business, UGL Transport, to a Japanese company for $500 million, as it looks to expand into new markets.
Homes Victoria must release public housing tower docs, report says
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A parliamentary committee has said the Victorian government must release all evidence supporting the demolition of 44 public housing towers in Melbourne, some of which are the subject of a dismissed class action that is being appealed.
Allens reps Pamoja Capital in sale of UniLodge to Samty
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Law firm Allens is behind the recent sale by Pamoja Capital of a majority stake in UniLodge to Japanese property developer Samty.
James Hardie to fight shareholder class action’s ‘new case’
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James Hardie is fighting a bid to amend a shareholder class action over the building materials giant’s 2023 income forecasts, telling the court it doesn’t understand the “new case”.
Nine wants indemnity costs in surgeon Al Muderis’ failed defamation case
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Nine wants indemnity costs against celebrity surgeon Munjed Al Muderis, claiming his defamation case over reports critical of his promotion of an experimental procedure, which the court found were substantially true, was an abuse of process.
Law firm drops beauty parade appeal in Google ad tech class action
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A law firm that was set to argue that two firms formed an anti-competitive agreement in cooperating to run an ad tech class action against Google has dropped its appeal of its failed bid to run the representative case.
Meta says ACCC has ‘fundamental’ misunderstanding in scam ads case
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Facebook owner Meta has argued the Australian Competition and Consumer Commission has “misallocated responsibility” in its three-year-old case over scam cryptocurrency ads on the social media platform.
More claims fly in Rebel Wilson’s fight with The Deb’s producers
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Rebel Wilson wants a court to shut down a cross-claim launched by a company linked to her film ‘The Deb’, the latest salvo in the director’s battle with the movie’s producers.
First Guardian CIO wants to sell Tucker, Gleeson paintings to pay lawyers
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The receiver for a Falcon Capital fund under investigation by ASIC wants a role in selling director Simon Selimaj’s valuable artwork, including a $70,000 Albert Tucker painting, which is allegedly needed to cover legal fees.
Former LK Law founder must pay $41M in suit over secret sale
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Adelaide lawyer Jason Karas must pay $41 million to his former business partner and law firm after he was found to have covertly negotiated to sell the firm’s Hong Kong-based entity while in the throes of ending the partnership.