AMP accused of unconscionable conduct by financial advisor

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AMP has been taken to court by a former licenced financial advisor who alleges he was terminated without proper and sufficient cause and forced to sell his business for $6.1 million under the wealth manager’s buyer of last resort program.

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Grocon’s system for identifying privileged docs ‘far from reliable’: judge

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Grocon has taken another hit in its $270 million lawsuit against Infrastructure NSW over a stalled $2 billion Central Barangaroo development project, with a judge rejecting its claim of privilege over more than 15,000 documents.

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Melissa Caddick’s son to keep half of sneaker collection in deal with receivers

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The receivers of Sydney fraudster Melissa Caddick’s estate have reached an agreement with her husband on a small pool of remaining assets in dispute that will see half of her teenaged son’s sneaker collection sold to repay defrauded investors.

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Optus’ claim of privilege over Deloitte report ‘not sustainable’, judge says

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Optus has lost its fight to keep a class action from accessing an independent report by consulting giant Deloitte into last year’s major data breach.

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ANZ faces shareholder litigation over climate risk management

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ANZ is facing proceedings by a shareholder who wants the bank to turn over documents related to its risk management systems in response to concerns it is increasing loans to fossil fuel companies and failing to properly address climate change risks.

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Class action firm may seek compensation for unlawful immigration detention

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A leading class action firm may seek compensation for those who were illegally detained after the High Court ruled that Australia’s system of holding individuals indefinitely in immigration detention is unlawful.

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Judge wrings hands over ‘informal and presumptuous’ email to chambers

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Though the origins of this growing breeziness with the court are unknown, the increasing informality of correspondence with her chambers has so irked a judge she has taken to task the lawyers responsible for one galling example.

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Tribunal clarifies law on appointment of managers to legal practices

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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me A tribunal in Western Australia has clarified the law surrounding the appointment of managers to legal practices, finding that more than one manager can be appointed at the same time. In a decision handed down on Monday, the State Administrative Tribunal…

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India may take ruling over foreign state immunity waiver to High Court

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The government of India has flagged a possible special leave application if it loses its appeal of a decision finding it can’t avoid a $111.3 million arbitral award in a dispute with three Mauritian companies that invested in Indian satellites because it waived its foreign state immunity.

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HESTA pays fine for misleading performance figures in social media ads

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Superannuation fund trustee H.E.S.T Australia has paid a $48,600 fine after being slapped with three infringement notices by the corporate regulator over alleged misleading statements in Facebook and Instagram ads.

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