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Class action attacks ‘false’ logic of AG’s claim GCO a neutral factor in KPMG transfer bid
Class Actions 2024-07-30 11:17 pm By Sam Matthews

In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-General’s argument that a contingency fee order is a neutral factor in assessing the accounting firm’s bid to move the case from Victoria. 

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Jones Day lures Baker McKenzie special counsel for financial markets practice
People In The News 2024-07-24 2:52 pm By Sam Matthews

Jones Day has bolstered its financial markets practice with the addition of a former Baker McKenzie special counsel. 

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Westpac unit RAMS faces trade mark appeal from fund manager RAM
Intellectual Property 2024-07-12 11:19 pm By Sam Matthews

Fund manager Real Asset Management has appealed a ruling which upheld mortgage broker RAMS’ bid to block the registration of two RAM trade marks. 

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Baker McKenzie partner joins Clayton Utz to bolster corporate practice
Corporate 2024-07-04 11:45 pm By Christine Caulfield

Veteran corporate lawyer Jim Peterson has left Baker McKenzie to join the Clayton Utz team as a legal consultant in Brisbane.

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Contingency fee order in Arrium class action would remain in force in NSW, AG tells High Court
Class Actions 2024-06-20 11:55 pm By Sam Matthews

The NSW Supreme Court would have the power to deal with a contingency fee order made in a class action against KPMG if the accounting firm won its application to move the case from Victoria, making the existence of the order a neutral factor in the transfer bid, the federal Attorney-General has told the High Court.  

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ACCC raises concerns about Olam’s bid for Namoi Cotton
Competition & Consumer Protection 2024-06-20 11:22 pm By Andy Sidler

The ACCC has raised concerns that Singaporean agricultural giant Olam Agri Holding’s bid to acquire ASX-traded cotton ginner Namoi Cotton could reduce competition and stick cotton farmers with higher prices, one month after flagging similar concerns with Louis Dreyfus’ competing takeover proposal. 

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Garuda Airlines immune from creditor’s winding up bid, High Court says
High Court 2024-06-05 11:08 pm By Sam Matthews

The High Court has dismissed an appeal of a decision which found Indonesia’s national airline could avail itself of foreign state immunity to defeat a winding up application.

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Medibank can’t ‘have it both ways’ with Deloitte report, class action says
Privacy & Cybersecurity 2024-06-03 11:35 pm By Cindy Cameronne

A class action has argued Medibank cannot claim legal professional privilege over three Deloitte reports after disclosing them to reassure the market and customers after a massive 2022 data breach.

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Suit accusing Netflix of axing employee on maternity leave sent to mediation
Employment 2024-05-24 11:26 pm By Cat Fredenburgh

A lawsuit accusing Netflix of violating the Fair Work Act by making an employee’s position redundant while she was on parental leave has been sent to mediation.

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Medibank board engaged KWM, Deloitte for review after class action rumours, court told
Class Actions 2024-05-23 11:35 pm By Cindy Cameronne

The chair of the Medibank board has given evidence that he engaged King & Wood Mallesons to commission expert reviews in the wake of a cyberattack, including three reports by Deloitte, after hearing rumours of class action investigations in October 2022. 

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