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Judge OKs $2.2M settlement in Drakes class action but questions law firm’s costs
Class Actions 2022-10-06 11:26 pm By Cindy Cameronne

A judge has approved a $2.2 million settlement in a class action on behalf of Drakes store managers who were allegedly underpaid but has deferred her approval of fees charged by the law firm — the same firm that saw its fees cut in two similar class actions.

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Judge doubts utility of Full Court hearing in sacked Greenwoods partner’s case
Employment 2022-10-06 4:02 pm By Cindy Cameronne

A judge has raised concerns about the utility of referring a satellite dispute over whistleblower protections to the Full Court in a $13 million lawsuit brought by an ex-Greenwoods & Herbert Smith Freehills partner.

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Legal spat over Russian embassy lease fast-tracked amid concerns about ambassador’s expulsion
Real Estate 2022-10-06 4:49 pm By Sam Matthews

Russia’s recent challenge to the Commonwealth’s allegedly unreasonable decision to terminate its lease to build a new embassy in Canberra could be heard in early 2023, amid concerns key witnesses could soon be kicked out of the country altogether.

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Microsoft comes up short in IP retrial after ‘regrettable’ $2.8M judgment
Intellectual Property 2022-10-05 6:30 pm By Sam Matthews

A judge has dismissed the majority of Microsoft’s six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.

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Facebook page admin hit with $205,000 judgment for defamatory comments
Defamation 2022-10-05 3:29 pm By Cindy Cameronne

A judge has ordered a Victoria local councillor to pay a developer $205,000 in damages after finding he was responsible for comments on a community Facebook page he ran that alleged the developer was corrupt.

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Judge throws out ASIC evidence on tweets in ASX Wolf Trader’s case
ASIC 2022-10-05 4:48 pm By Cindy Cameronne

The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, has won his bid to exclude ASIC’s evidence about the meaning of his tweets in its case accusing him of providing unlicensed financial services.

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‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Class Actions 2022-10-04 2:22 pm By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.

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Humm points finger at Forum Finance in SMBC’s $34M lawsuit
White Collar 2022-10-04 11:40 pm By Cindy Cameronne

Fintech Humm has admitted to making “misrepresentations” to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.

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Crown wants contradictor to fight class action’s GCO application
Class Actions 2022-10-04 3:31 pm By Sam Matthews

Crown Resorts has asked the court to appoint a contradictor to fight against a group costs order sought in shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.

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Judge declasses Wilson Security class action over objections from group members
Class Actions 2022-10-04 3:32 pm By Sam Matthews

Despite objections from numerous group members, a judge has tossed an underpayments class action brought by a self-represented applicant against Wilson Security, ruling that class actions should not be run without lawyers.

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