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United Petroleum dodges class action defence until security bid reheard
Class Actions 2024-10-11 11:27 pm By Cat Fredenburgh

United Petroleum and director Ari Silver can wait for the rehearing of a security for costs bid before filing defences to a franchisee class action alleging misleading conduct.

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Judge’s ‘past life’ comments on class action reform no basis for recusal, court told
Class Actions 2024-10-10 11:51 pm By Cindy Cameronne

A bid to disqualify a judge who spoke publicly about proposed reforms to class action law from hearing a class action against Fletcher Building is out of touch with reality, a court has heard.

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Full Court asked to clarify ‘authorised rep’ in ASIC crypto appeal
Cryptocurrency 2024-10-10 2:48 pm By Sam Matthews

ASIC has appealed a decision in its mostly successful case against the issuer of the Qoin crypto coin, challenging an “important” finding on authorised representatives of AFSL holders. 

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With new self-funding model, class action firm’s promise to pay Macquarie’s costs not enough
Class Actions 2024-10-09 11:30 pm By Cat Fredenburgh

With its new business model of self-funding class actions, Maurice Blackburn can’t get by with an undertaking to indemnify Macquarie for its costs if a case over flex commissions fails.

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Solicitors can stay on case against Super Retail despite conflict of interest
Employment 2024-10-09 4:53 pm By Cindy Cameronne

Super Retail has lost its bid to restrain Harmers Workplace Lawyers from acting for two former executives, despite a judge finding the firm had a conflict of interest.

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Court stays Clive Palmer’s challenge to ASIC examination
ASIC 2024-10-09 11:45 pm By Sam Matthews

The CDPP and ASIC have succeeded in staying Clive Palmer’s case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.

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NSW to face expanded class action over correctional officer’s abuse
Class Actions 2024-10-09 10:50 pm By Cat Fredenburgh

A judge has allowed a tweak to a class action against the state of NSW on behalf of inmates of the Dillwynia Women’s Correctional Centre who were sexually assaulted by former correctional officer Wayne Astill.

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EDO can’t avoid subpoena despite agreeing to pay Santos’ costs
Energy & Natural Resources 2024-10-09 4:39 pm By Andy Sidler

The Environmental Defenders Office can’t dodge a subpoena by Santos seeking material to back a bid for full indemnity costs in a failed case over a pipeline for the $5.6 billion Barossa gas project.

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Full Court’s continuous disclosure ruling could embolden ASIC
Analysis 2024-10-08 11:14 pm By Sam Matthews

A ruling that clarified the materiality requirement in continuous disclosure cases could lead to more regulatory actions and activist shareholder claims, but won’t boost shareholder class actions, experts say.

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Former Noumi CFO set to cop $100,000 penalty in ASIC case
Securities 2024-10-08 3:48 pm By Sam Matthews

A judge has indicated he will sign off on a $100,000 penalty and four-year ban against the former CFO of Noumi, who has admitted his role in the food company’s non-disclosures.

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