High Court to weigh in on peak indebtedness rule in win for Gunns liquidators

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The High Court will clarify the so-called peak indebtedness rule used by liquidators recouping payments to unsecured creditors, granting a special leave application brought by the liquidators of collapsed forestry giant Gunns Group.

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Green groups dodge $450,000 security in cases against VicForest

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Environmental groups fighting to protected the threatened greater glider have defeated VicForests’ bid for security for costs after a judge found the orders would “stifle” litigation in the public interest.

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ATO hits back at Pepsico lawsuit over Schweppes bottling payments

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A notice issued to Pepsico demanding royalty withholding tax over bottling payments made by Schweppes correctly notified the soft drink giant of its tax liability, the Australian Taxation Office has said.

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High Court won’t hear Clive Palmer’s appeal over $102M Queensland Nickel loan

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The High Court has declined a special leave application by Clive Palmer-owned mining firms challenging a judgment which ordered the billionaire to repay a $102 million loan taken out from Queensland Nickel prior to its collapse in 2016.

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Ashurst poaches three partners from Norton Rose Fulbright

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Ashurst has snagged three Norton Rose Fulbright partners to join its corporate and projects team as part of its plan to grow its energy and resources practice in the Asia-Pacific region.

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Chasm emerges between judges, Morrison government on management of class actions

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Despite the Morrison government’s decision to shelve its latest proposed class action reforms before the election, there are plainly competing perspectives between those in government that seek to politicise the class action regime and industry experts — including judges — about the appropriate management of class actions, writes Slater & Gordon’s Claire Pirie.

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Law firm’s bill for distributing Robodebt class action settlement cut by $1M

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A judge has ordered that $1.27 million be set aside to cover the costs of the law firm administering the settlement in the class action over the federal government’s Robodebt scheme, cutting about $1 million from the figure sought.

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Gilbert + Tobin managing partner to step down after 30 years ‘in the trenches’

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Gilbert + Tobin co-founder Danny Gilbert will step down from his role as managing partner of the law firm, saying it was time to open up the leadership to the next generation.

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Law firm must pay former high earner ‘fruits of his victory’ pending appeal

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A Melbourne law firm has lost its bid to delay payment of a $184,000 judgment to a former junior lawyer who earned hundreds of thousands of dollars per year under a lucrative pay structure.

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Private business club CUB accuses manager of stealing member info to launch rival

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The Club of United Business — a private members club catering to entrepreneurs — has sued a former membership manager who allegedly used confidential information about clients in order to set up a competing professional networking business.

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