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Norton Rose Fulbright has lured two M&A parters from Squire Patton Boggs to join its Sydney office during a period of high demand.
Federal Court should face audit after legal spend discrepancy, senator says
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The Australian National Auditor Office has been asked to review the Federal Court’s expenses and disclosures after discrepancies in the court’s accounting of internal legal expenses.
‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid
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Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.
Fonterra faces underpayments class action investigation
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Fonterra may face a class action for allegedly underpaying lab technicians since 2018, as the dairy co-op seeks to offload its Australian food unit.
Privilege waiver over Clifford Chance email doesn’t open door to discovery: court
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An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.
John Pesutto hit with bankruptcy notice over $2.3M defamation costs
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Former Victorian Liberal Party leader John Pesutto has been hit with a bankruptcy notice after failing to pay $2.3 million in costs in MP Moira Deeming’s defamation suit over statements implying she had links to neo-Nazis.
IAG denies claims in loyalty discounts class action
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Insurance Australia Limited and Insurance Manufacturers of Australia have denied a class action’s claims that they misled insurance customers about loyalty discounts by calculating their premiums using an algorithm designed to maximise renewals.
Roberts Co owes creditors $100M, as founder floats possible DOCA
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Construction group Roberts Co owes unsecured creditors almost $100 million, a court has been told as administrators secure more time for the builder’s founder to pitch a restructuring deal.
In loss for off-the-plan buyers, court finds Castle Group can proceed with Sydney land sale
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Developer Castle Group can move ahead with its purchase of a block of land in south west Sydney, with a court finding that purchasers of off-the-plan lots have no present interest that can defeat Castle’s right.
Cladding case by Infinity apartment owners not ‘without merit’: tribunal
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Although Meriton’s contractor prevailed in a cladding spat over Brisbane’s Infinity Tower, the owners corporation’s arguments were not at all stages “without merit”, a QCAT member has said in declining to award the builder its costs.