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In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders wanting to bring civil proceedings.
‘Postbox’ solicitor in Banksia class action wins reprieve from DQ decision
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A lawyer whose conduct in the Banksia Securites class action was said to have left a stain on the integrity of the legal profession has secured a temporary stay of a decision by Victoria’s legal watchdog to disqualify him from practicing law for four years.
Justice Andrew Bell to become NSW Supreme Court’s new top judge
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Justice Andrew Bell has been appointed the new Chief Justice of the NSW Supreme Court, after the current head of the court announced last year it was time to step down after almost 11 years in office.
CBA class action preps for class closure nod from Full Court
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Lawyers leading a class action against the Commonwealth Bank over its alleged money laundering compliance failures are getting their ducks in a row in the event the Full Court rules the court has the power to shut out unregistered group members from a class action.
Aussie fashion designer suing Katy Perry a ‘calculating and dishonest’ witness, court hears
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An Australian fashion designer suing Katy Perry over the rights to use the Katy Perry trade mark in Australia is a “calculating and dishonest witness” whose “utterly dishonest” testimony should not be believed, counsel for the pop star said during closing submissions.
‘I couldn’t sleep at night’: Clive Palmer says he feared for safety after WA’s ‘Palmer Act’
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Clive Palmer said he feared for his physical safety as a result of the criminal immunity granted to the WA government by legislation and the consequent ‘political campaign’ waged against him, as he took the stand for the first time in his defamation trial against the WA premier.
CDPP spent $1.26M on cartel case against banks
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Commonwealth Director of Public of Prosecutions Sarah McNaughton has defended her office’s decision to drop all criminal cartel charges over a $2.5 billion ANZ share raising, revealing the CDPP has so far spent $1.26 million in external costs in pursuing the case.
Ben Roberts-Smith reignites court battle with ex-wife over confidential emails
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Embattled war veteran Ben Roberts-Smith continues to pursue legal action against his ex-wife, having applied for leave to appeal a Federal Court decision disallowing cross-examination over allegations she accessed his private emails.
Seven settles defamation suit by wrongly named Cleo Smith abduction suspect
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Seven Network has settled a defamation lawsuit brought by a Nyamal man who the broadcaster wrongly identified as the suspect in the abduction of four-year-old Cleo Smith in Western Australia.
Class action funder says perceived 7-Eleven ‘pressure’ relevant to $25M commission bid
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Evidence of anxiety felt by 7-Eleven franchisees leading class actions against the convenience store giant was relevant to whether the funder could earn a $25 million commission from the proceeds of a settlement, a court has heard.