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Collapsed Booktopia courts 100 suitors as administrators reveal $68M in debts
Restructuring & Insolvency 2024-07-29 11:02 pm By Cindy Cameronne

Booktopia’s administrators have been given more time to try to sell the online bookseller after receiving 100 expressions of interest, with a judge finding it could yield greater returns for its 170,000 creditors, who are owed a total of $68 million. 

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AstraZeneca, Merck face potential class action over heartburn drugs
Class Actions 2024-07-29 2:57 pm By Cindy Cameronne

A law firm is investigating claims against the manufacturers of popular heartburn and acid reflux drugs, alleging they could be responsible for causing stomach cancers and kidney failure in approximately 100,000 people.

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INPEX did not waive privilege over law firm instructions, court rules in $45B Ichthys project spat
Energy & Natural Resources 2024-07-29 2:45 pm By Cindy Cameronne

Dutch paint company AkzoNobel has lost a mid-trial bid to inspect instructions given by Allen & Overy to experts who tested its allegedly unsuitable protective coating used on pipework on the $45 billion Ichthys natural gas project. 

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Perth builder Hanssen loses ‘extraordinary’ appeal in $7.6M spat with strata company
Construction 2024-07-29 11:43 pm By Andy Sidler

An appeals court has knocked back builder Hanssen’s attempt to dodge a decade-old dispute over repairs to one of its residential buildings on constitutional grounds, saying the Perth company’s argument would precipitate an “extraordinary” result if accepted.

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Court grants win to ex-ANU student pursuing law degree, sets aside misconduct findings
Education 2024-07-29 11:28 pm By Andy Sidler

A judge has set aside a decision upholding misconduct findings against a former Australian National University PhD student, who was concerned the decision could affect his career prospects in the law.

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AFL player Cyril Rioli brings race discrimination case against Hawthorn Football Club
Human Rights 2024-07-26 11:43 pm By Christine Caulfield

AFL player Cyril Rioli has launched legal action in the Federal Court against Hawthorn, accusing his former club of race discrimination in breach of the Australian Human Rights Act.

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Law firm pays $1M to settle negligence claim by Melbourne property development lender
Real Estate 2024-07-26 11:47 pm By Christine Caulfield

A law firm has reached a settlement with the lender of a property development in North Melbourne, paying $1 million to resolve claims it was negligent in preparing a loan agreement.

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NGS Crypto can’t undo receivership, freezing orders
Cryptocurrency 2024-07-26 11:30 pm By Cat Fredenburgh

Hong Kong-based NGS Crypto Group and its director have lost their bid to undo receivership and freezing orders made amid concerns about dissipation of assets as ASIC investigates whether hundreds of Australians who sank $21.1 million into the crypto firm were misled about the safety of their investments.

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Merricks Capital settles non-compete case with investment boutique, employees
Real Estate 2024-07-26 11:57 pm By Christine Caulfield

Investment manager Merricks Capital has resolved its case against a former managing director and two employees, who left the firm for a boutique run by financial commentator Peter Switzer and his son, Marty.

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WA home builder hit with class action over construction delays
Class Actions 2024-07-25 3:53 pm By Cat Fredenburgh

Three units of Perth-based builder BGC Housing Group have been hit with a class action on behalf of thousands of home owners who allege they have been harmed by lengthy construction delays.

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