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Mastercard won’t be ready for March trial in ACCC case, court hears
Competition & Consumer Protection 2025-01-29 11:02 pm By Andy Sidler

Mastercard is staring down costs orders after telling a court it will seek to vacate an upcoming trial date in its fight with the competition regulator after technical difficulties slowed the discovery process.Ā 

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Toyota’s rogue communication with class action members comes under fire
Automotive 2025-01-29 11:20 pm By Andy Sidler

Toyota’s offer to fix customers’ diesel filters has drawn criticism from a class action, which alleges it misled group members into believing a fix would have no bearing on damages they could be owed.

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Group members to get half of $42.25M CIMIC class action settlement
Class Actions 2025-01-29 11:13 pm By Andy Sidler

Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.

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Corrs steers complex $1B Stockland acquisition of 12 Lendlease communities
Real Estate 2025-02-01 4:01 am By Andy Sidler

Corrs Chambers Westgrath helped get Stockland’s complex $1.06 billion acquisition of a dozen masterplanned community from Lendlease over the line late last year.

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Equatorial Launch says former CEO can’t call on $5M in convertible notes
Employment 2025-01-28 11:56 pm By Andy Sidler

Space company Equatorial Launch Australia, which is facing an unfair dismissal from its former CEO, has told a court that solvency issues mean the former executive cannot call on $5 million in convertible notes.

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the secondĀ doled out in ASIC proceedings for violations of the new design and distribution obligations.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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Citing class action, VCAT rejects MP’s bid for hotel quarantine docs
Class Actions 2025-01-24 11:51 pm By Andy Sidler

A bid by Victorian Liberal MP David Davis for documents on the state’s hotel quarantine program has largely failed, with a tribunal finding their release could prejudice an ongoing class action.

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Star to sell Sydney Event Centre for $60M
Entertainment 2025-01-29 11:36 pm By Andy Sidler

Troubled casino giant Start Entertainment has sold off its Sydney events venue to Foundation Theatres for what has been dubbed a fire sale price of $60 million.Ā 

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Court won’t restrain work on Healesville Railway Line reconstruction
Construction 2025-01-28 11:03 pm By Andy Sidler

Residents of a property near the historic Healesville Railway Line have failed in their bid to halt works proceeding on weekends and out of hours, with a judge calling their complaints ā€œoversensitiveā€.

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