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‘Without precedent’: Failed Bonza Airlines owes 60,000 creditors, court told
Restructuring & Insolvency 2024-05-07 2:02 pm By Cindy Cameronne

Budget Australian airline Bonza owes almost 58,000 customers, 320 employees and 130 suppliers after it was put into voluntary administration last week when aircraft lessors claimed the airline was in default and grounded its planes, a court has heard. 

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Fugitive developer Jean Nassif can’t revive defamation case against 2GB host
Defamation 2024-05-07 3:30 pm By Cindy Cameronne

International fugitive Jean Nassif, who headed troubled property developer Toplace, has lost his bid to reinstate defamation proceedings against Harbour Radio and 2GB host Ray Hadley, with a judge saying there was no evidence he would return to Australia to prosecute the case. 

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Funder’s ‘very large’ cut of $100M AMP class action revealed
Class Actions 2024-05-07 11:01 pm By Cindy Cameronne

The funder of a class action by financial advisers against AMP is seeking a $28.5 million profit from a $100 million settlement, a hefty payout that has prompted the appointment of a contradictor but may survive the scrutiny in light of a recent appeals court decision.

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‘Get the coffees’ request to senior engineer not gender-based harassment, FWC finds
Employment 2024-05-07 11:02 pm By Cindy Cameronne

A request to a female senior engineer for WSP to “get the coffees” during a client meeting did not amount to gender-based harassment, the Fair Work Commission has found in rejecting the engineer’s unfair dismissal claim.

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HWL Ebsworth says ousted lawyer can’t reap benefits of partnership 4 years after expulsion
Business of Law 2024-05-06 2:23 pm By Cindy Cameronne

HWL Ebsworth has argued a former capital partner who was found to have been invalidly expelled in 2020 cannot claim a share of the law firm’s profits from then to now, saying he could not reap the benefits of partnership without the “burdens”.

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London City Equities seeks wind up orders against Excelsior over $101M sale
Corporate 2024-05-06 11:53 pm By Cindy Cameronne

Investment firm London City Equities is seeking to have fellow publicly traded firm Excelsior wound up for alleged shareholder oppression over its decision to sell off a subsidiary for $101 million and not distribute the proceeds.

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Qoin crypto issuer made misleading statements, court finds in win for ASIC
Cryptocurrency 2024-05-03 11:15 pm By Cindy Cameronne

A court has found Qoin cryptocurrency issuer BPS Financial made false and misleading claims about its product, in a win for the corporate regulator and a likely boost for a class action against the Gold Coast-based digital currency company.

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Judge ‘outraged’ over NSW Police’s delays in strip search class action
Class Actions 2024-05-03 4:10 pm By Cindy Cameronne

A judge hearing a class action against the New South Wales government and police commissioner over allegedly illegal strip searches at music festivals has criticised the state for failing to comply with court orders on time. 

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7 years after judgment, NZ apartment class action group members haven’t been paid, court told
Class Actions 2024-05-03 3:42 pm By Cindy Cameronne

The lead plaintiff in a four-year-old class action against Zurich Insurance over a defective New Zealand apartment block has said the case “has to get moving”, telling the court that property owners have not received payment since a $50 million judgment was awarded overseas in 2017.

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High Court judge warns against ‘unseemly competition’ between courts
Courts 2024-05-02 11:55 pm By Cindy Cameronne

A recently appointed High Court judge has warned against state and federal courts competing to attract cases, expressing concerns the appearance of impartiality could be compromised if courts sought to “drum up business at the expense of defendants”. 

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