SOP adjudicator can decide if ‘new reasons’ offered for withholding payment: court

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A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were “new reasons” and not properly made, a court has found.

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National Storage REIT, partner to invest $228M in six self-storage sites

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The National Storage REIT will continue its partnership with Singaporean sovereign wealth fund GIC to invest in a second round of development assets, the ASX-listed trust said Wednesday.

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Choosi misled customers with insurance comparison service, ASIC claims

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Insurance comparison site Choosi has been taken to court by ASIC for allegedly misleading its users by almost exclusively comparing funeral and life insurance policies from one insurer.

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Federal Court should face audit after legal spend discrepancy, senator says

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The Australian National Auditor Office has been asked to review the Federal Court’s expenses and disclosures after discrepancies in the court’s accounting of internal legal expenses.

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‘All or nothing gamble’: Law firm slams Aussie Home Loans declassing bid

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Mortgage broker Lendi Group and insurer ALI Group want a proceeding on behalf of tens of thousands of Aussie Home Loans customers to be stripped of class action status.

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Privilege waiver over Clifford Chance email doesn’t open door to discovery: court

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An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.

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John Pesutto hit with bankruptcy notice over $2.3M defamation costs

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Former Victorian Liberal Party leader John Pesutto has been hit with a bankruptcy notice after failing to pay $2.3 million in costs in MP Moira Deeming’s defamation suit over statements implying she had links to neo-Nazis. 

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