Judge orders ‘soft’ class closure in flex commissions class actions

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Save (1) Please login to bookmark Close Username or Email Address Password Remember Me Westpac, Macquarie and ANZ have won soft class closure orders ahead of mediation in three class actions over flexible commissions schemes after a judge found they will improve the chances of settlement.  In a judgment handed down on Thursday, Victoria Supreme…

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Court throws out decision on nuclear waste facility location

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A court has set aside former Federal Minister for Resources Keith Pitt’s decision to develop a nuclear waste facility in Napandee in South Australia’s Eyre Peninsula, saying a fair-minded observer may have perceived that Pitt was biased in selecting the site over two other proposed locations. 

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Administrator can’t claw back security for costs in case by failed company

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A judge has rejected a bid by the administrator of a collapsed company to claw back a payment of security for costs made in earlier litigation, which he found did not give rise to a relevant security interest.

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Judge mulls order to block rival IG Markets class action from filing in Victoria

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A Federal Court judge overseeing a class action against IG Markets over risky financial products has questioned whether courts should take a “more robust” approach to avoid the “nonsense” of competing class actions, amid the threat of a second class action being filed in the Supreme Court of Victoria.

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PwC partner wins court order barring forced departure amid leaks crisis

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A PricewaterhouseCoopers partner who is suing the accounting firm for giving him the boot over a tax leaks scandal has won an interim injunction restraining the board of partners from forcing him to leave before his case is heard.

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NAB event planner Helen Rosamond sentenced to 15 years for $19M fraud

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Former director of event management company the Human Group, Helen Rosamond, has been sentenced to a 15-year aggregate term of imprisonment for defrauding NAB of $19 million, and will have to serve eight years of the sentence behind bars.

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Federal Court rejects ToolGen’s genome editing patent

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A judge has upheld findings from IP Australia that South Korean biotech ToolGen’s genome editing technology CRISPR is not patentable, but given the company one more chance to seek to amend its application.

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Insurer Vero dragged into class action over combustible cladding

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A judge has ruled insurer Vero can be added to a class action over allegedly combustible cladding, finding removal of the cladding could be considered “property damage” under the wording of an insurance contract with cladding manufacturer Fairview.

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Top Robodebt bureaucrat suspended in wake of withering report

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A senior public servant behind the Robodebt fiasco is one of the first heads to roll following the findings of a royal commission into the illegal debt recovery scheme devised by the previous federal government to claw back welfare overpayments.

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