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Financial services company AMP has lost its bid to de-class representative proceedings brought on behalf of 1.5 million insurance customers.
Beach Energy faces second shareholder class action
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Beach Energy has been hit with a second shareholder class action in as many days over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
‘This is ridiculous’: Judge pans Google’s bid for confidentiality in John Barilaro’s case
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A bid by Google for a confidentiality undertaking by former NSW Deputy Premier John Barilaro over evidence produced in the politician’s defamation case has earned a sharp rebuke by a judge.
ANZ hit with ASIC action over $18.5B home loan ‘introducer’ program
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The Australian Securities and Investments Commission has launched court proceedings against ANZ alleging the banking giant’s home loan ‘introducer’ referral program breached credit laws.
Tips from 10 prominent silks on nailing the first court appearance
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As the courts open up after 18 months of online hearings, junior barristers who were recently called to the bar may be apprehensive at the move to in-person appearances. Here, ten top silks share their wisdom with new barristers on how to be an effective advocate in court.
Macquarie Group targeted in second class action over $1.8B Nuix IPO
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The battle to lead a shareholder class action against Nuix over its $1.8 billion initial public offering is on, with a second class action lobbed that accuses the embattled technology company and underwriter Macquarie of failing to alert shareholders to a slew of “red flags” in the business.
Class action accuses QSuper of overcharging 140,000 members
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Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers.
Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
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Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.
Beach Energy hit with shareholder class action over Western Flank projections
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South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
‘Not a shred of evidence’: Judge questions appeal in HWL Ebsworth negligence suit
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A judge has questioned property developer PPK Group’s challenge to the dismissal of its long-running negligence case against HWL Ebsworth over the $25.5 million sale of Crown-owned land in Sydney.