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Qoin cryptocurrency issuer BPS Financial is fighting a class action applicant’s bid to amend its case for the fourth time, saying it is trying to bring an “entirely new claim”.
Sika’s deal with MBCC Group wins clearance from ACCC with sell-off
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The ACCC has given its blessing to Sika’s planned acquisition of Germany-based MBCC Group, subject to the divestiture of MBCC’s Australian and New Zealand business.
Federal Court’s new top judge to bring ‘swashbuckling to judging’
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The Federal Court’s new Chief Justice Debra Mortimer will bring a sense of adventure to her role as top judge, which she foreshadowed will be approached holistically in a welcome ceremony before pre-eminent members of the legal community.
‘Potentially difficult’: Lawyers weigh in on novel insolvency ruling
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Senior restructuring and insolvency lawyers have welcomed a novel ruling that found a liquidator was entitled to claim his costs ahead of the preferred claims of company employees, but questions remain about the “potentially difficult” interaction between two conflicting priority regimes.
Hino hit with second class action over emissions cheating
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Toyota unit Hino has been hit with a second class action alleging it misrepresented the fuel efficiency and emissions performance of certain diesel vehicles for nearly twenty years.
Both sides need ‘reality check’ in NAB ‘boys club culture’ case, judge says
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The National Australia Bank and its former head of repo trading both “might need a bit of a reality check” in a discovery stoush, a judge has said in a case alleging the senior employee was bullied and paid less than other workers because of her gender.
Judge won’t stay reference in ‘monumental’ Santos, Fluor litigation
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A judge won’t stay a reference process which US company Fluor claims is infected with bias, in a “monumental” dispute with energy giant Santos that has already generated a $57.5 million legal bill for the engineering firm.
Myer exec says she was fired for complaining about GM’s ‘belittling’ conduct
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A sacked Myer executive has brought Fair Work proceedings against her former employer, seeking over $700,000 in compensation after she was allegedly unfairly dismissed for complaining about a general manager’s “belittling” conduct.
Class action settlements approach $8 billion mark
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Approved settlements in class actions since the regime was enacted are set to top $8 billion this year, according to a new report ranking the busiest litigation funders, which found most class action mega settlements were not funder backed.
Class actions dropped to six-year low in 2022
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Last year saw the lowest number of new class action filings in Australia since 2016, according to a new report.