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Judge worries compensation for axed Qantas ground crew ‘going off into never never’
Employment 2024-11-15 2:11 pm By Cindy Cameronne

A judge has raised concerns about delays in paying three former Qantas baggage handlers compensation after an appeals court agreed they were illegally sacked and replaced with contractors during the COVID-19 pandemic. 

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Ex-Keystone director may claim penalty privilege in receivers’ lawsuit
Restructuring & Insolvency 2024-11-15 11:54 pm By Cindy Cameronne

A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers. 

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Judge balks at idea government could represent Robodebt class action members
Class Actions 2024-11-14 11:09 pm By Cindy Cameronne

A judge has balked at a suggestion by group members appealing a $112 million Robodebt class action settlement that the Commonwealth could represent the interests of people content with the deal.

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ASIC slams ‘false’ premise of payday lender BSF’s appeal
Financial Services 2024-11-14 11:08 pm By Cindy Cameronne

ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.

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Insurer Marsh breached obligation in case over $7B Greensill collapse: court
Insurance 2024-11-13 11:16 pm By Cindy Cameronne

A unit of insurer Marsh breached its obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill by using them in an anti-suit injunction bid in the UK, a court has found.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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Competing Harvey Norman class actions get one more month to nut out deal
Class Actions 2024-11-13 4:06 pm By Cindy Cameronne

A judge presiding over two competing class actions against Harvey Norman has granted the lawyers more time to confer on whether they can reach a deal to run the cases together. 

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Herbert Smith Freehills to merge with US firm Kramer Levin
Business of Law 2024-11-12 1:44 pm By Cindy Cameronne

Herbert Smith Freehills is planning a merger with US law firm Kramer Levin that will make it one of the 20 largest firms worldwide with over US$2 billion in combined revenue from day one. 

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Former PwC partner settles defamation claim over tax leaks statements
Defamation 2024-11-12 11:29 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.

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Companies need to report basis for climate change statements, says ASIC
Climate change 2024-11-12 1:55 pm By Cindy Cameronne

ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.

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