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GetSwift boss accused by co-founder of misleading him on sale of shares
Securities 2022-08-09 11:35 pm By Christine Caulfield

GetSwift managing director and founder Joel Macdonald faces a lawsuit by former Melbourne Demons teammate James Strauss, who helped launch the strife-ridden logistics tech company seven years ago.

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‘If they were my clients I’d advise them to opt out’, barrister tells Aveo class action judge
Class Actions 2022-08-09 11:06 pm By Sam Matthews

The first ever amicus appointed in a fight over the wording of an opt out notice in a class action has told a court a proposed novel funding model in a case against retirement home provider Aveo Group could be a “nightmare scenario” for certain group members.

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‘Micromanaging’ slow-going Allianz class action may be unavoidable, judge says
Insurance 2022-08-09 11:57 pm By Cindy Cameronne

A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.

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Norton Rose Fulbright hit with two negligence suits over property sale advice
Real Estate 2022-08-09 11:13 pm By Sam Matthews

Norton Rose Fulbright has been hit with two negligence suits in a week blaming the law firm for botched property sales in Victoria six years ago.

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‘Tear it up’: Judge censures silk in $650M Mercedes-Benz dealer lawsuit
Trials 2022-08-08 11:31 pm By Cindy Cameronne

A court has directed a senior barrister acting in a $650 million lawsuit against Mercedes-Benz to “tear up” a letter his instructing solicitors sent concerning the judge’s ownership of a Mercedes vehicle, and said he was “surprised” the counsel signed off on it.

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Virgin says funder’s $5M security in investor class action ‘unsatisfactory’
Class Actions 2022-08-08 2:10 pm By Cindy Cameronne

Virgin Airlines has argued a litigation funder’s indemnity for its legal costs is not enough for it to bring a class action on behalf of bond holders over a 2019 prospectus, claiming the airline expects to spend more than $5 million defending the proceedings.

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‘You’re such a feminist’: Ambulance Victoria sued for sex discrimination
Employment 2022-08-08 4:33 pm By Sam Matthews

Ambulance Victoria is being sued by a former executive who claims she was not treated the same as her male colleagues and was subject to “disrespectful, undermining” conduct from senior colleagues.

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Class action wants insurance policy info from Dixon Advisory
Class Actions 2022-08-08 2:43 pm By Cindy Cameronne

A class action on behalf of former clients of collapsed wealth manager Dixon Advisory has filed a court bid for information on any insurance policy held by the business that might cover the mammoth claims, estimated to be worth between $278 million and $463 million.

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Nimble Money wins appeal in shareholder’s bid to peek at books
Financial Services 2022-08-08 11:03 pm By Cindy Cameronne

The largest shareholder in payday lender Nimble has lost its challenge to a decision blocking it from accessing company documents about an impending debt refinance, with an appeals court finding the investor’s concerns had “an air of commercial unreality”.

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Full Court shoots down appeal by former Blue Star Helium CEO
Appeals 2022-08-08 6:14 pm By Sam Matthews

The Full Federal Court has dismissed former Blue Star Helium CEO James Cruickshank’s challenge to a $40,000 penalty and four-year ban for failing to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.

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