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ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

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Judge from Maurice Blackburn should not hear Fletcher class action, court told
Class Actions 2024-10-02 11:20 pm By Cindy Cameronne

A judge should be disqualified from hearing a class action against Fletcher Building because of his previous association with the funder, as well as public remarks he made as a plaintiffs’ solicitor, a court has heard. 

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WiseTech CEO can suppress docs in legal stoush with beautician
Bankruptcy 2024-10-02 2:36 pm By Andy Sidler

WiseTech CEO Richard White has won suppression orders over documents allegedly revealing legal advice and settlement negotiations in a dispute with a Sydney beautician.

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ANZ, OnePath reach 11th-hour settlement in class action
Class Actions 2024-10-02 11:43 pm By Christine Caulfield

A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.

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Qube wins $40M cut to sum owed to logistics hub subcontractor
Transportation & Infrastructure 2024-10-02 11:39 pm By Sam Matthews

Logistics giant Qube has won a $40 million cut to amounts owed to Martinus Rail in a dispute over construction of the Moorebank terminal project in Sydney’s west.

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Keybridge must contribute to director’s ‘substantial’ legal bill
Corporate 2024-10-02 2:02 pm By Cindy Cameronne

Investment firm Keybridge must contribute to a director’s “substantial” legal bill from a dispute with another director, with a judge finding there was no “lack of clean hands” that would prevent him from being indemnified.

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Female-only app appeals discrimination win for trans woman
Appeals 2024-10-02 4:14 pm By Cat Fredenburgh

Female-only app Giggle for Girls has appealed a ruling that found it discriminated against a trans woman by barring her from the app.

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Westpac unit RAMS flags fraud claim in franchisee class action
Class Actions 2024-10-01 2:21 pm By Cindy Cameronne

Westpac’s shuttered home loan unit RAMS may hit back at franchisees’ class action claims by alleging they made misrepresentations and provided fraudulent documents.

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Dentons, Australia chair say ex-partner’s suit in breach of settlement
Business of Law 2024-10-01 11:47 pm By Christine Caulfield

Dentons and Australian chair Doug Stipanicev have hit back at allegations by a former property partner that they breached workplace laws, saying the partner is barred from bringing his case.

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Vaccine developer loses ‘life and death’ fight with university
Healthcare 2024-10-01 2:47 pm By Sam Matthews

A vaccine developer cannot prevent Flinders University from blocking his access to a research lab and interfering with the supply of mice for research relating to COVID-19 and other diseases. 

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