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MLC Super class action settles for $64.25M
Financial Services 2024-12-06 12:54 pm By Cindy Cameronne

A class action on behalf of 330,000 super members has settled against the trustees of the MLC Super fund, just days after another superannuation class action flopped.

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RAMS franchisees call out ‘old school litigation’ in class action
Franchises 2024-12-05 3:41 pm By Sam Matthews

RAMS franchisees have called out the Westpac unit for ā€œold school litigation,ā€ as they seek information about alleged anomalies in home loan applications that led to the nixing of their franchise agreements.

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Coles, Woolworths say price increases were genuine, and so were the discounts
Competition & Consumer Protection 2024-12-03 5:32 pm By Julia Kanapathippillai

Hitting back at the regulator’s claims of dodgy sales promotions, Coles and Woolworths say price increases were the result of real cost pressures, and subsequent discounts were not illusory.

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Construction PRO
Spanish energy giant GPG secures $2.3B financing for renewables push
Energy & Natural Resources 2024-12-04 11:35 pm By Sam Matthews

Allens has advised a syndicate of 11 banks on a $2.3 billion financing facility for Spanish energy giant GPG to develop a suite of renewable energy assets in Australia.Ā 

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Pacific Werribee centre owners get preliminary trial in $200M defects spat
Construction 2024-11-25 4:32 pm By Cindy Cameronne

The co-owners of Pacific Werribee shopping centre in Victoria have won their bid for a preliminary trial in a suit against Probuild Constructions and several engineering companies over $200 million in alleged structural defects.

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Class action dropped against Westpac unit, applicant to get $1.5M costs
Class Actions 2024-11-20 2:50 pm By Cindy Cameronne

A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out.Ā 

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis.Ā 

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Rio Tinto defeats appeal by Russian aluminium producer over war sanctions
Energy & Natural Resources 2024-11-11 11:40 pm By Andy Sidler

An appeals court has backed a decision by six Rio Tinto units to refuse delivery of alumina to Russia’s largest aluminium producer because it would run afoul of sanctions imposed after Russia invaded Ukraine.

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Class actions against Ford, Toyota score major win in High Court
Class Actions 2024-11-06 3:06 pm By Cindy Cameronne

The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.

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Discovery led to funder dropping class action against Westpac unit
Financial Services 2024-10-25 3:19 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds and Tal Life Insurance was discontinued after documents discovered by the companies caused funder Woodsford to bow out.

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