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Colonial First State will pay $56.3 million to settle a class action that accused the wealth management group of delaying the transfer of $3.2 billion in customer funds to low cost MySuper accounts.
Slater & Gordon touts superior track record in battle to lead Beach Energy class action
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Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded for setting the price of the contingency fees sought in the case and Slater & Gordon arguing it has a better track record in class actions.
Full Court ruling on MIS regime may not resolve funding issues in RFG class action, court hears
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A case before the Full Court that will revisit the question of whether class actions are managed investment schemes may not resolve all of the funding controversies that have emerged in a class action against franchise giant Retail Food Group, a court has heard.
Atanaskovic Hartnell founder abused, belittled ex-general manager, court finds
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Sydney law firm Atanaskovic Hartnell has been ordered to pay more than $160,000 to a former general manager who was found by a court to have been the victim of a “campaign of denigration” by one of the firm’s founders.
Ex-Herbert Smith Freehills lawyer disqualified from feud with former Tennis Australia boss, ASIC says
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A Federal Court registrar overseeing a costs dispute between ASIC and former Tennis Australia president Steven Healy worked in the practice group where the costs were accrued and should recuse herself, the regulator has said.
Qantas engineers lose appeal over COVID-19 stand down orders
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Aircraft engineers for Qantas have lost a challenge to a ruling that the airline had no “genuine choice” when it stood them down in March 2020 during the COVID-19 pandemic.
Nine ‘fishing’ for defence in barrister’s defamation case over cavoodle custody battle, court hears
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A barrister who has sued Nine over its coverage of her battle for custody of famed social media pooch Oscar the cavoodle has accused the media company of seeking to delay filing a response to the lawsuit so that it can ‘fish’ for a defence.
Mercedes-Benz to argue Takata airbags recall was invalid
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Mercedes-Benz will defend ACCC proceedings alleging it exposed consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags by arguing the recall was invalid.
KPMG liquidators can’t dodge examination over handling of Jewel of India sale
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Liquidators for ready-made meals producer Jewel of India have lost their bid to dodge public examination over their alleged poor handling of the business’ sale and failure to investigate potential claims against the Commonwealth Bank.
Insurer on hook for doctor’s costs in breast implant class action
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An appeals court has found that Avant Insurance must indemnify a plastic surgeon for his legal bills and the claims of all relevant group members in a class action over alleged botched breast augmentations.