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High Court asked to weigh in on employer’s duty to redeploy before redundancy
Appeals 2024-05-08 11:20 pm By Christine Caulfield

The High Court had been asked to clarify the extent of protection for employers for genuine redundancies under the Fair Work Act, after an appeals court found the exemption was “not absolute”.

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Class action reneges on $18M settlement with Merivale, says deal no longer fair
Employment 2024-05-07 12:27 pm By Christine Caulfield

In a highly unusual move, the applicant in an employment class action against hospitality giant Merivale has reneged on an $18 million settlement, saying a jump in group member registration since the deal was struck means the sum would no longer win court approval.

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‘Without precedent’: Failed Bonza Airlines owes 60,000 creditors, court told
Restructuring & Insolvency 2024-05-07 2:02 pm By Cindy Cameronne

Budget Australian airline Bonza owes almost 58,000 customers, 320 employees and 130 suppliers after it was put into voluntary administration last week when aircraft lessors claimed the airline was in default and grounded its planes, a court has heard. 

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Fugitive developer Jean Nassif can’t revive defamation case against 2GB host
Defamation 2024-05-07 3:30 pm By Cindy Cameronne

International fugitive Jean Nassif, who headed troubled property developer Toplace, has lost his bid to reinstate defamation proceedings against Harbour Radio and 2GB host Ray Hadley, with a judge saying there was no evidence he would return to Australia to prosecute the case. 

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Funder’s ‘very large’ cut of $100M AMP class action revealed
Class Actions 2024-05-07 11:01 pm By Cindy Cameronne

The funder of a class action by financial advisers against AMP is seeking a $28.5 million profit from a $100 million settlement, a hefty payout that has prompted the appointment of a contradictor but may survive the scrutiny in light of a recent appeals court decision.

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Sydney lawyer convicted of defrauding non-profit struck from roll
Business of Law 2024-05-07 1:38 pm By Andy Sidler

A Sydney lawyer has been struck from the roll of practitioners following her conviction for misappropriating more than $180,000 from the non-profit organisation she co-founded.

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Retiring judge who presided over Ben Roberts-Smith case praised as ‘masterful’
Courts 2024-05-06 11:18 pm By Cat Fredenburgh

Federal Court Justice Anthony Besanko was praised as hard working, a “model of humility and generosity” and “masterful” during a farewell ceremony on Monday attended by a host of legal luminaries.

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ATO’s ‘all or nothing’ approach to key tax law provision rejected by court
Tax 2024-05-06 11:59 am By Sam Matthews

The ATO has lost its appeal of a tribunal decision in favour of Perth land developer Tina Bazzo, with the court rejecting its “all or nothing” approach to a key provision of the Taxation Administration Act.

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London City Equities seeks wind up orders against Excelsior over $101M sale
Corporate 2024-05-06 11:53 pm By Cindy Cameronne

Investment firm London City Equities is seeking to have fellow publicly traded firm Excelsior wound up for alleged shareholder oppression over its decision to sell off a subsidiary for $101 million and not distribute the proceeds.

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Insurers for failed finance lender Axsesstoday settle class action claims
Class Actions 2024-05-06 2:00 pm By Christine Caulfield

A class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers has reached an in-principle settlement with the lender’s insurers.

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