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Pitcher Partners has filed a bid to transfer a $127 million lawsuit brought by the Twigg family alleging the accounting firm helped Max Twigg misappropriate $127.8 million in family trust money for himself.
Property developer Sasha Hopkins to face ASIC grilling
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Embattled property developer Sasha Hopkins will face a compulsory examination by the Australian Securities and Investments Commission over the activities of his company A Team Property Group.
Philips Electronics fined $133,200 over deteriorating sleep machines
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Philips Electronics has been fined $133,200 for failing to provide timely notice to the country’s health regulator of deterioration in its sleep machines, after being hit with a class action lawsuit over degrading foam in the devices.
Judge refuses to toss infringement claims over mining tool patents
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WA manufacturer Rock Tool Refurbishment Solutions has lost its bid to throw out patent infringement claims by global mining equipment company CME, with a judge saying he was not satisfied the allegations had no reasonable prospects of success.
Class action by online traders wants CMC on hook for 10 years of losses
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Online trading company CMC has been hit with a class action by investors seeking to recover 10 years’ worth of “significant” losses incurred while trading risky financial products on its mobile and web-based platforms.
Class action settlement with IPO Wealth trustee ‘a lot less’ than investors’ claims, court told
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Investors in Mayfair Group’s collapsed IPO Wealth Fund stand to recoup “a lot less” than their alleged $67 million in losses from a settlement in a class action alleging the fund’s trustee misled the unit holders — but they will take home 75 per cent of the resolution sum, a court has heard.
Former High Court top judge Gerard Brennan remembered for ‘profound’ contribution
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A man of “deep humanity” and a “model of judicial restraint”, former High Court chief justice Sir Gerard Brennan, who passed away on Wednesday, has been honoured for his contribution to the law and the legal system.
Aveo class action judge appoints first-ever amicus in fight over opt-out notice
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A judge overseeing a class action against retirement home provider Aveo Group has appointed an amicus curiae for what is believed to be the first time to assist the court in a fight over the wording of an opt out notice describing a “novel” funding model.
a2 Milk class action consolidation to see one silk go
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Two law firms are set to work “hand in glove” in their proposed consolidated shareholder class actions against a2 Milk, with one senior barrister to be dropped as part of the “rationalisation” of the combined team.
Qantas takes fight over axing of ground staff to High Court
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Qantas has asked the High Court to reverse a judgment that found it violated the Fair Work Act by axing 1,800 ground staff partly to prevent them from bringing industrial action.