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Successor trustee owes no fiduciary duty to former trustee, High Court says
Appeals 2025-02-05 3:28 pm By Sam Matthews

The High Court has dismissed an appeal of a finding that a successor trustee owes no fiduciary duty to a former trustee to preserve an entitlement to indemnification.

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Noumi, Deloitte to pay $43M to settle shareholder class action
Class Actions 2025-02-04 12:42 pm By Cat Fredenburgh

Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.

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Lawyer who used ChatGPT for case citations referred to legal watchdog
AI 2025-02-04 5:30 pm By Cat Fredenburgh

A lawyer who included ‘hallucinated’ citations from ChatGPT in material submitted to the court in a migration appeal has been referred to the NSW Legal Services Commissioner.

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ABC says being ‘poster girl’ for press freedom caused Latouff’s distress
Trials 2025-02-04 11:50 pm By Andy Sidler

Claims of hurt and distress by former ABC presenter Antoinette Lattouf stemming from her dismissal are misdirected, the broadcaster has argued at trial.

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‘We owe her nothing’: Ex-ABC head’s email surfaces at Lattouf dismissal trial
Trials 2025-02-03 11:59 pm By Andy Sidler

Ex-ABC chair Ita Buttrose sent an email suggesting Antoinette Lattouf be pulled off air following an email campaign by pro-Israel lawyers, a court has heard.

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Construction PRO
Cushman & Wakefield unit loses suit over $1.2B property services acquisition
Real Estate 2025-02-05 11:48 pm By Cindy Cameronne

Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United’s alleged failure to disclose that a key contract was “loss-making”. 

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ASIC investigating ASX over December settlement outage
Investigation 2025-02-03 5:20 pm By Cindy Cameronne

The corporate regulator has commenced an investigation into ASX’s one-day technical failure that prevented the settlement of trades on the CHESS system shortly before Christmas. 

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Ex-Super Retail lawyer appeals suppression orders
Employment 2025-02-03 11:37 pm By Christine Caulfield

Super Retail Group’s former top lawyer is fighting the dismissal of her application for performance of a settlement she says was reached following her dismissal from the company.

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ACCC launches probe into IAG’s $855M bid for RACQ’s insurance biz
Competition & Consumer Protection 2025-02-03 11:43 pm By Cat Fredenburgh

The competition regulator is seeking views on whether IAG’s bid to acquire a 90 per cent stake in RACQ’s insurance underwriting business for $855 million could saddle consumers with higher prices.

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India wins foreign state immunity appeal in fight over $111.3M arbitral award
Arbitration 2025-01-31 10:32 pm By Sam Matthews

The government of India has overturned a finding that it couldn’t dodge a $111.3 million arbitral award in a dispute with three Mauritian companies, with an appeals court finding it did not waive foreign state immunity in the case.  

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