Social media companies to face new duty of care regulations

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The Albanese government is planning to introduce new duty of care regulations that would require social media companies to take proactive steps to protect users from harm online.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d

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The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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Competing Harvey Norman class actions get one more month to nut out deal

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A judge presiding over two competing class actions against Harvey Norman has granted the lawyers more time to confer on whether they can reach a deal to run the cases together. 

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WiseTech Global faces class action by shareholders

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WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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Cbus dragged to court by ASIC for $20M in claim delays

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The superannuation fund of the construction industry has been hit with ASIC enforcement action, accused of long delays in processing the death and disability claims of thousands of members.

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Noumi privilege ruling could undermine ASIC investigations, Full Court told

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ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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Herbert Smith Freehills to merge with US firm Kramer Levin

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Herbert Smith Freehills is planning a merger with US law firm Kramer Levin that will make it one of the 20 largest firms worldwide with over US$2 billion in combined revenue from day one. 

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Honda tells court it should be on the hook for $12M in spat with dealer

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Dealer Brighton Automative is gunning for $13.9 million in damages after Honda cut its contract off prematurely, with Honda hopeful the figure is more like $12.1 million. 

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