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Silk sues Suncorp over eight-year insurance claim saga
Insurance 2023-03-15 10:10 pm By Sam Matthews

A senior barrister has sued insurer Suncorp for its alleged inadequate handling of a claim first made in 2014 relating to storm damage at his three-storey home which made him feel he was “living out a real-life version of Bill Murray’s experience in the movie Groundhog Day.”

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Settlement in Gunns class action against KPMG, directors wins court OK
Class Actions 2023-03-15 4:29 pm By Christine Caulfield

A judge has approved a confidential settlement in a class action against KPMG and nine former Gunns Plantations directors over the failure of six managed investment schemes for eucalyptus wood in Tasmania.

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Opal Tower class members could do ‘simple arithmetic’, funder says in appeal of cuts to commission
Appeals 2023-03-14 10:25 pm By Sam Matthews

The funder in the Opal Tower class action has appealed a judge’s decision to slash its commission for not disclosing proposed deductions from the settlement sum as percentages, telling the Full Court that group members could do “simple arithmetic”.

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Ken Talbot’s widow wanted to ‘destroy’ law firm, court says
Professional Negligence 2023-03-14 1:20 pm By Cindy Cameronne

The wife of the late mining executive Ken Talbot wanted to “destroy” the law firm that advised her husband about his will, a court has found in awarding costs against the widow.

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Shareholder class action targets Fletcher Building for ‘misleading’ FY17 forecasts
Construction 2023-03-14 5:04 pm By Christine Caulfield

Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.

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MACH Energy hits back at Tinkler’s fraud case, mounts strike-out bid
Energy & Natural Resources 2023-03-14 5:27 pm By Cindy Cameronne

MACH Energy has hit back at a lawsuit by mining executive Nathan Tinkler’s companies that alleges a former general manager misused confidential information to help MACH buy the lucrative Mount Pleasant coal mine.

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Class action firm’s potential profit from Arrium case not relevant to security sum: judge
Class Actions 2023-03-10 3:10 pm By Sam Matthews

A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.

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ANZ hit with $10M penalty over $18.5B home loan program
Financial Services 2023-03-10 2:23 pm By Cindy Cameronne

ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank’s home loan ‘introducer’ referral program breached credit laws.

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Moccona sues Vittoria for selling instant coffee in a jar
Intellectual Property 2023-03-10 2:14 pm By Sam Matthews

A trade mark stoush between the owners of coffee brands Moccona and Vittoria is “all about whether people think a jar means Moccona”, a court has heard.

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Insurer must indemnify church for historic sex abuse claims
Insurance 2023-03-10 6:17 pm By Cindy Cameronne

Allianz must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred up to four decades ago at the exclusive Sydney boys’ private school Knox Grammar, a judge has found.

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