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7-Eleven class action judge says CFOs never available, slashes funder’s payout
7-Eleven 2023-02-14 10:30 am By Cindy Cameronne

The High Court killed off all common fund orders, not just the kind sought at the start of a class action, a judge has said as he cut in half the payout for a litigation funder bankrolling two franchisee class actions against 7-Eleven.

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Law firm’s $16.6M payday OK’d over 7-Eleven class action contradictor’s protests
Class Actions 2023-02-14 11:55 pm By Cindy Cameronne

A judge has blessed a law firm’s $16.6 million legal bill for running two franchisee class actions against 7-Eleven despite a contradictor’s argument that it had a “troubling” practice of deferring its fees to benefit the funder that bankrolled the cases. 

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Ex-Big Un CEO charged with insider trading after ASIC investigation
White Collar 2023-02-14 6:15 pm By Cindy Cameronne

The former CEO of Big Un Limited has been hit with criminal charges and could face up to ten years in prison after he allegedly communicated inside information about the failed video company. 

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Protester’s challenge to COVID-19 lockdown fails on appeal
Appeals 2023-02-13 12:57 pm By Cindy Cameronne

An anti-lockdown protester has lost her appeal of a decision dismissing her legal challenge to Victoria’s stay-at-home orders, with an appeals court finding the reduction in risk to public health “outweighed” impacts on freedom of speech.

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ASIC slaps advisor with permanent ban after superannuation fraud
Financial Services 2023-02-13 4:25 pm By Cindy Cameronne

The Australian Securities and Investments Commission has handed a permanent ban to a former financial advisor who pleaded guilty to taking $35,000 from his First Nations clients’ superannuation accounts.

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Dentons snags patent ace from intellectual property giant
Intellectual Property 2023-02-13 3:25 pm By Cindy Cameronne

International law firm Dentons has lured the principal of IPH Limited, which owns leading intellectual property firms including Griffith Hack and Spruson & Ferguson, for its Australasian patents team.

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Tolga Kumova wins order barring Stock Swami Twitter ‘campaign’
Defamation 2023-02-10 6:48 pm By Cindy Cameronne

Mining investor Tolga Kumova has won an order banning the man behind the Twitter handle Stock Swami from publishing allegations concerning the his past actions after a judge found he was defamed by tweets accusing him of insider trading.

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Shaw & Partners advisors barred from contacting Fortrend clients
Financial Services 2023-02-09 4:23 pm By Cindy Cameronne

Stock broker Fortrend Securities has secured an order prohibiting two former advisors from contacting their old clients while they litigate a dispute alleging the advisors conspired with Shaw & Partners to poach customers.

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FWO brings first-ever legal action against franchisor
Employment 2023-02-09 5:23 pm By Cindy Cameronne

The Fair Work Ombudsman has brought its first-ever court proceedings against a franchisor, alleging it is legally responsible for its franchisees’ underpayments of nine workers.

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Melbourne craft brewery’s zero carb rival didn’t rip off IP, judge finds
Intellectual Property 2023-02-09 4:24 pm By Cindy Cameronne

Melbourne craft beer producer Brick Lane Brewing has lost its lawsuit accusing three companies behind the zero carb Better Beer of ripping off its packaging in breach of the Australian Consumer Law.

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