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The High Court has declined collapsed gold mine owner Kirkalocka’s special leave bid seeking to challenge a finding that mining contractor Zenith had a security interest over a power plant in Western Australia
‘Worst of all possible worlds’: Judge rejects Blue Sky shareholder’s bid for novel split trial
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The shareholder leading a class action against failed fund manager Blue Sky Alternative Investments has lost a bid for a split trial it accepted was novel, despite arguing the usual course for trials in securities cases was “misconceived”.
‘A practice that must be stopped’: Judge fed up with use of AI in pleadings
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A judge wrongly cited as the author of an AI-hallucinated judgment has struck out at the AI-assisted statement of claim filed by a self-represented litigant in a defamation case, saying the use of generative AI to prepare pleadings is “a practice that must be stopped”.
Class action can’t send personalised opt out notices in IC Markets case
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IC Markets has prevailed in a fight with the applicant in a class action against the brokerage firm, which sought to personalise a notice to group members advising them of the case.
‘Clearly untenable’: Court tosses CPB Contractor’s $63M disruption delay costs claim
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A judge has struck out builder CPB Contractor’s “clearly untenable” claim against Transport for NSW for $63 million in delay costs for work on the Pacific Highway upgrade.
Knowmore Legal suffers preliminary loss in negligence case
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A judge has handed Knowmore Legal an early loss in a negligence case by a former client, finding the client was barred from bringing further sexual abuse claims by accepting an offer under the national redress scheme.
Class action gets hands on Phoslock docs produced in AFP probe of China operations
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Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company’s China operations, must hand over the bundle to a class action.
‘Disgraceful’: Court hits Open4Sale directors with $2.8M penalties
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Open4Sale Global’s directors have been penalised $2.6 million for breaching disclosure laws in raising money from investors, who were labelled “a bunch of idiots” by the company’s boss.
SocGen hit with $3.88M fine for market gatekeeper failures
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French bank Societe Generale has been hit with a $3.88 million fine for allowing two clients to place suspicious orders on the electricity and wheat futures market, following an investigation by ASIC.
OneSteel’s administrators win case over Whyalla port infrastructure
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A GFG subsidiary has lost its cross-claim in a battle with OneSteel’s administrators over infrastructure assets at South Australia’s Whyalla port, which is used to export the state’s iron ore.