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Nature’s Care founders can’t suppress all docs in fight with ATO
Tax 2024-03-20 10:11 pm By Sam Matthews

A judge has rejected sweeping suppression orders sought by the founders of vitamin giant Nature’s Care over documents in a $200 million tax debt stoush with the Deputy Commissioner of Taxation, instead making limited suppression orders in light of the “serious” allegations made in the case. 

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Aussie Broadband challenges Superloop sell order amid takeover fight
Telecommunications 2024-03-20 4:19 pm By Sam Matthews

Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a “contested takeover battle” between the companies. 

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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban. 

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Class actions leaped to near-record level in 2023: report
Class Actions 2024-03-19 11:19 pm By Sam Matthews

Driven by competing proceedings, class action filings surged back in 2023, making it the second busiest year for filings ever, according to a new report by law firm Allens.

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Liquidators may have $43M in claims against Blockchain exec, judge says
Cryptocurrency 2024-03-19 2:07 pm By Sam Matthews

A judge has declined to set aside a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global, noting that the company’s liquidators may have claims of up to $42.9 million against him. 

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McCullough Robertson dodges indemnity costs in spat with client over $237,000 bill
Business of Law 2024-03-19 2:48 pm By Sam Matthews

McCullough Robertson has avoided a client’s bid for indemnity costs despite a judge’s finding the law firm waited an “inordinate” amount of time to withdraw a statutory demand for payment of a $237,000 legal bill. 

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.

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‘I worked like a navvy’: Judge slams TWU for eleventh hour claim against Qantas
Employment 2024-03-18 4:23 pm By Sam Matthews

A judge has chided the Transport Workers Union for announcing at the start of trial that it intends to seek lost union dues from Qantas, as a hearing kicked off over the amount of compensation the airline owes to ground crew, whose jobs were illegally outsourced at the peak of the COVID-19 pandemic. 

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Carriage fight on the cards as third IC Markets class action filed
Class Actions 2024-03-18 3:39 pm By Sam Matthews

A third law firm has filed a class action against International Capital Markets, after failing to reach an agreement on joining forces with two other firms that have agreed to consolidate their competing class actions against the Sydney broker over risky contracts for difference.

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Gadens nabs defamation partner from Banki Haddock Fiora
Business of Law 2024-03-18 3:44 pm By Sam Matthews

Law firm Gadens has strengthened its IP and defamation practice with the appointments of a partner and associate from rival Banki Haddock Fiora. 

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