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A court has imposed a $40 million penalty on Insurance Australia Limited in a case by the corporate regulator alleging NRMA customers were not paid $60 million in promised loyalty discounts.
Stalled $2B Central Barangaroo development in legal privilege stand-off
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The NSW government and the former developer of a stalled $2 billion Central Barangaroo development project are headed for a discovery showdown in their $270 million stoush, with both sides fighting to protect what they say are privileged communications.
Subpoenas need only seek relevant, not case-advancing, info: appeals court
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A self-represented litigant locked in a legal battle with the ATO and Commonwealth Director of Public Prosecutions has won an appeal of a decision that set aside nine subpoenas she issued, including one to the Assistant Director of the CDPP, with the appeals court finding that the relevance of the evidence sought was enough to satisfy the application.
Bruck Textile bigwigs to stand trial on charges over unpaid redundancies
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Executives of collapsed Bruck Textile Technologies have been committed to stand trial on charges alleging they schemed their way out of making more than $3 million in redundancy payments to their 58 employees.
Banknote maker prevails again in challenge to rival’s security device patent
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Australian banknote manufacturer CCL Secure has succeeded a second time in opposing a patent application by British rival De La Rue International for banknote security technology.
Slater & Gordon faces court challenge to Allegro takeover by small biz
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A self-managed superannuation fund has taken Slater & Gordon to court to block the the acquisition of its shares in the firm as part of the plaintiff firm’s takeover by private equity firm Allegro Funds, saying the 55 cents per share price is not fair and reasonable.
Medibank’s woes worsen as fifth data breach class action filed
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Medibank is now facing five class actions over last October’s cyber attack that left exposed the personal data of 9.7 million customers, this one by shareholders of the private health insurer.
Gladys Berejiklian mulls legal challenge to corruption finding
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Former premier of NSW Gladys Berejiklian and her ex-boyfriend, former member for Wagga Wagga Daryl Maguire, engaged in “serious corrupt conduct”, ICAC has found.
Lawyers for TPG-backed Anew Climate taken to task for writ failure
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A judge has rejected TPG-owned Anew Climate’s bid for default judgment against an Australian company that allegedly impersonated a US carbon offset developer in order to unlawfully receive payments under a $1 billion deal, saying “it’s not hard” to make the application under the correct rule.
HWL Ebsworth’s claim of exhausted discovery in partner spat ‘puzzling’, judge says
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A judge has criticised HWL Ebsworth’s discovery efforts and ordered the law firm to try again in the firm’s dispute with a former partner claiming the company cut him out of a proposed ASX float in 2020.