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Real estate funds manager Centuria has acquired a $33 million warehouse in Melbourne’s west, as part of its partnership with US private investment firm Starwood Capital.
ISPT buys Woolworths-anchored North Shore Marketplace
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Property investor ISPT has snapped up a 2.9 hectare shopping plaza in the Townsville suburb of Burdell, anticipating major growth in the area. On Thursday ISPT announced it had acquired Woolworths-anchored shopping precinct North Shore Marketplace from property fund manager Clarence…
Melbourne Symphony Orchestra can’t knock out pianist’s case ahead of trial
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Pianist Jayson Gillham’s claims against the Melbourne Symphony Orchestra will go to trial after a judge rejected its argument that his case should be dismissed because the protections of the state Equal Opportunity Act do not constitute workplace law.
Court orders HCF to pay $750K for misleading life insurance term
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HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.
CBA shareholder class actions score partial win on appeal, but no damages
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Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.
Judges have power to make soft class closure orders, High Court says
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Resolving a split between courts, the High Court has confirmed that judges have power to make soft class closure orders, which require class action members to register before mediation to participate in any resulting settlement.
ANZ sues insurers for $117M in coverage for class action settlements
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ANZ has sued several insurers seeking coverage for two class action settlements totalling $117 million, plus defence costs, in cases stemming from the banking royal commission.
Law firm fined $50,000 over ‘repugnant’ work environment
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A Melbourne law firm has been hit with a $48,840 penalty in a case by a junior lawyer who was required to work over 200 hours in three weeks, including several days and nights spent working around the clock in a hotel.
Macquarie cops extra conditions for ‘repeated’ non-compliance
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The corporate watchdog has imposed additional conditions on Macquarie Bank’s financial services licence, citing multiple and significant compliance failures.
Treasury Wine settlement costs top $27M in no win, no fee class action
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Shareholders are set to pocket 58 per cent of a $65 million settlement in a class action against Treasury Wine Estates if the deal is approved by a court at a hearing this month.