National Storage REIT receives $4B takeover offer from Brookfield consortium

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A consortium of Brookfield Property and GIC Investments has moved to acquire National Storage REIT, making an offer that values the self-storage investor at $4 billion.

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Developer Paul Chiodo appeals liquidator’s $9M proof of debt rejection

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Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.

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Cbus trustee must pay $23.5M in ASIC case over delayed death benefits

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A judge has ordered trustee United Super to pay $23.5 million after admitting it was liable for excessive delays in processing $20 million in death and disability claims.

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Foxtel can’t knock out Tencent’s Arena Breakout trade mark

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Chinese video game giant Tencent can amend a bid to register its Arena Breakout videogame trade marks, after IP Australia found only minimal overlap with Foxtel’s ‘Arena’ brand.

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Chief Justice raises concerns about ‘very personal’ recusal bid

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The Chief Justice of the Federal Court has raised concerns about reallocating a case by a self-represented litigant whose recusal bid became “very personal”, with photos of the judge, his family and a sick family member filed as evidence.

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The Australian to claim truth defence in JLL execs’ cases, court told

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The publisher of The Australian will bring a truth defence to defamation claims by two sacked executives of commercial real estate broker JLL who claim they were falsely accused of sexual harassment, a court has heard. 

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Judge wrong to find no duty of care in climate change class action, appeal says

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Imposing a duty of care on the Australian government to protect Torres Strait Islanders from climate change would not involve the Federal Court in matters of political judgment, a failed class action has argued on appeal.

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