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CFOs in spotlight again as High Court weighs 7-Eleven special leave bid
Analysis 2021-06-22 11:17 pm By Christine Caulfield

The power to make common fund orders in class actions is a question before the High Court a second time, but the justices aren’t likely to quell the conflict simmering in the courts below, at least until they have a concrete order before them.

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Defending a trial in lockdown all in a day’s work for CBP’s Adrian Konstantinidis
Litigation Rising Stars 2021-06-21 10:39 pm By Christine Caulfield

The “hustle and bustle” of defending companies in complex litigation does not faze Colin Biggers & Paisley’s Adrian Konstantinidis, so when the COVID-19 pandemic struck on the eve of one of the most complicated series of cases in Australia, he and his firm were ready.

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HWL Ebsworth’s Juan Martinez wants all partners named in lawsuit, not just him
Business of Law 2021-06-21 3:48 pm By Christine Caulfield

The managing partner of HWL Ebsworth, who has been targeted in a lawsuit by a former equity partner over the law firm’s aborted IPO, is resisting efforts to be named as representative defendant in the case.

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MinterEllison appoints acting CEO Virginia Briggs as new boss
Business of Law 2021-06-21 2:27 pm By Christine Caulfield

MinterEllison’s acting chief executive officer Virginia Briggs will officially take the reins of the law firm after temporarily replacing ousted CEO Annette Kimmitt.

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Judge tosses plaintiff’s case in first Takata airbags class action to face trial
Class Actions 2021-06-18 11:38 pm By Christine Caulfield

In a major defeat that could affect the fate of six other cases lined up behind it, a judge has dismissed the lead plaintiff’s claims in a class action against Volkswagen over deadly Takata airbags.

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ASIC’s proposed $40M fee disclosure penalty ‘manifestly excessive’, NAB tells court
Financial Services 2021-06-18 10:08 pm By Christine Caulfield

National Australia Bank has urged a court to impose a $15 million penalty for its five-year failure to adequately disclose its adviser fees, and has argued ASIC’s push for a steeper penalty goes too far.

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Woolworths taken to court by FWO for ‘significant’ underpayment of store managers
Employment 2021-06-18 11:36 am By Christine Caulfield

Supermarket giant Woolworths has been hit with regulatory action by the Fair Work Ombudsman after it admitted to  shortchanging thousands of full-time salaried managers to the tune of $390 million.

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Google can’t escape publisher finding in defamation win by gangland lawyer
Appeals 2021-06-17 11:34 pm By Christine Caulfield

Google has lost its challenge to a ruling that it pay a Melbourne gangland lawyer $40,000 for the results of an internet search that included a link to a defamatory article, with an appeals court affirming the search engine giant was a publisher of the results.

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ASIC defends handling of Nuix prospectus ahead of disastrous IPO
Securities 2021-06-18 2:35 pm By Christine Caulfield

The Australian Securities and Investments Commission’s new chair Joseph Longo has defended his team’s work in reviewing the Nuix prospectus before the embattled tech company’s $2.9 billion float late last year.

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Judge muzzles Romeo’s senior managers after second communication in class actions
Class Actions 2021-06-17 2:14 pm By Christine Caulfield

A judge has ordered employees of supermarket chain Romeo’s to receive a further corrective opt-out notice in class actions against the company following claims that a senior manager again initiated discussions with group members about the case.

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