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Ashurst snags partner for Sydney real estate team
Business of Law 2022-12-14 7:38 pm By Cat Fredenburgh

Ashurst has lured a partner from Hall & Wilcox as the firm looks to expand its Sydney real estate team.

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Like CFOs of yore, class action beauty parades push down law firms’ GCO profits
Analysis 2022-12-13 2:10 pm By Christine Caulfield

A recent ruling cutting the contingency fee sought by a plaintiff law firm shows competition to run class actions will drive down the percentage payout courts are willing to permit. And as more firms enter the market for a slice of the returns, the downward pressure on profits will only build.

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Star Entertainment directors, execs targeted in new ASIC action
ASIC 2022-12-13 9:24 am By Christine Caulfield

The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company’s non compliance with anti-money laundering laws.

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Dixon Advisory insurers lose bid to limit disclosure of plan details in class action
Insurance 2022-12-13 10:08 pm By Sam Matthews

Two Dixon Advisory insurers have lost a bid to limit the details of insurance policies handed over to a class action purported to worth $463 million, after a judge’s ruled the collapsed wealth manager should disclose its insurance for liability in the case.

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Home builder admits to unfair clause banning bad reviews by customers
Competition & Consumer Protection 2022-12-13 5:11 pm By Sam Matthews

Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.

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Banksia judge rejects recusal push by senior barrister’s wife
Class Actions 2022-12-12 4:00 pm By Christine Caulfield

Companies associated with the wife of disgraced senior barrister Norman O’Bryan can’t get a new judge to hear their battle against a third-party costs summons that would make them jointly liable for a $21.5 million judgment for investors in a class action over Banksia Securities’ collapse.

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Barrister was scared to return to chambers after Nine’s ‘cavoodle caper’, court told
Trials 2022-12-12 9:29 pm By Sam Matthews

A Sydney barrister was embarrassed and afraid to return to chambers following Channel Nine’s allegedly defamatory coverage of her custody battle for famed social media pooch Oscar the cavoodle, a court has heard.

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Bellamy’s sued by former CEO for alleged sex discrimination
Employment 2022-12-12 8:06 pm By Cindy Cameronne

The former chief executive officer of baby food producer Bellamy’s Organic has sued her former employer for over $400,000, claiming it discriminated against her by offering a salary that was one-third of what her male predecessor earned.

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Former Statewide Super execs charged with dishonesty offences
White Collar 2022-12-12 2:14 pm By Cat Fredenburgh

The former chief financial officer and chief risk officer of South Australian industry super fund Statewide Superannuation have been hit with criminal charges related to the procurement of services from financial services platform Cosight.

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Dan Murphy’s owner stumbles in bid for Darwin pub
Competition & Consumer Protection 2022-12-12 2:45 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised preliminary competition concerns about Endeavour Group’s proposed acquisition of the Beachfront Hotel north of Darwin, saying it could stymie competition in the local market for takeaway liquor.

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