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Fees for no service class action must clarify ‘serious allegations’ against AMP
Class Actions 2021-11-02 4:27 pm By Cindy Cameronne

A judge has ordered a class action against AMP to provide more detail in its case accusing the financial services firm of failing to disclose information to shareholders about allegedly misleading ASIC and charging clients fees for no service.

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Beetaloo gas exploration was approved to ‘stymie’ climate change case, judge told
Climate change 2021-11-02 9:14 pm By Miklos Bolza

The Morrison government decision’s to enter into a contract with a subsidiary of Empire Energy for gas exploration in the Beetaloo Basin was an effort to “stymie” climate change litigation brought against the federal resources minister, a court has heard.

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BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
Competition & Consumer Protection 2021-11-01 5:58 pm By Cindy Cameronne

BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.

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Barrister who repped execs in long-running ASIC case appointed Federal Court judge
People In The News 2021-11-01 3:47 pm By Miklos Bolza

A silk and former Clayton Utz litigation partner who represented the directors of failed telco OneTel in a nearly decade-long ASIC case that ended in a defeat for the corporate regulator has been appointed a judge on the Federal Court.

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Binding statement as good as class action in age pension case, judge told
Class Actions 2021-11-01 8:28 pm By Bianca Hrovat

The federal government is seeking to avoid a representative proceeding brought on behalf of Indigenous men alleging its failure to “close the gap” in life expectancy necessitates a lower age eligibility for their fair and equal access to the age pension.

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Law firm wants to use class action list to help group members in Tandem liquidation
Class Actions 2021-11-01 9:05 pm By Miklos Bolza

Shine Lawyers is seeking court permission to use a list of employees provided by collapsed telecommunications contractor Tandem in a stayed class action to assist group members with making claims and recovering losses in the company’s liquidation.

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Criminal cartel case dropped against ANZ, group treasurer over $2.5B share placement
Competition & Consumer Protection 2021-10-29 9:27 pm By Christine Caulfield

In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.

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Law firm must pay $13M for negligence that led to client’s botched Woolworths deal
Professional Negligence 2021-10-29 9:53 pm By Cindy Cameronne

A national law firm has been found liable to pay $13 million in damages for giving negligent advice to a former client that led to a botched sale of its business to Woolworths and caused it to go into administration.

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Crown pays $125M to settle class action over Chinese gambling disclosures
Class Actions 2021-10-29 9:30 am By Christine Caulfield

Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.

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Class action silks thank court for OKing in-person trial that didn’t happen
Courts 2021-10-29 7:27 pm By Christine Caulfield

A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to notify the presiding judge of the happy outcome was enough to remind the Victorian litigators what they had missed over the past 18 months.

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