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Judges shoot down last-minute bid to amend Adani native title appeal
Appeals 2019-06-05 12:12 pm By Amelia Birnie

A group of Indigenous Australians opposed to Adani’s Carmichael coal mine in Queensland have lost an eleventh hour bid to add extra grounds to their native title appeal, as they wait for a decision from the Full Federal Court.

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Treasury Wine wins costs from solicitor’s company over stayed class action
Class Actions 2019-06-04 7:50 pm By Miklos Bolza

The Federal Court has granted Treasury Wine Estates costs of a stayed class action filed against it by a firm owned by solicitor Mark Elliott, despite a settlement in a related class action barring TWE from seeking remedies from class members.

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Judge denies costs to objector in Willmott Forest MIS class actions
Class Actions 2019-06-03 4:11 pm By Cat Fredenburgh

An investor who successfully objected to an initial settlement of four class actions over the failed Willmott Forests managed investment scheme lost a bid to have his legal costs paid by the defendants, with a judge saying the objections were not the primary basis for his refusal to sign off on the agreement.

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Vodafone, TPG merger would have ‘profound social consequences’, ACCC tells court
Competition & Consumer Protection 2019-05-31 10:42 pm By Christine Caulfield

Allowing Vodafone’s proposed $15 billion merger with TPG to go ahead if there were a real chance that TPG could seriously compete in the market for mobile services would have “profound social consequences,” the competition watchdog told the Federal Court Friday as it unsuccessfully sought to push back a hearing over the deal.

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Iluka class action lands new funder, but $1.25M security outstanding
Class Actions 2019-05-30 8:49 pm By Amelia Birnie

The applicants in the Iluka Resources shareholder class action have been given a two month extension to provide a $1.25 million security for costs, after they managed to secure an in-principle deal with a new litigation funder.

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Motorola accuses Hytera of ‘industrial espionage on a grand scale’
Intellectual Property 2019-05-30 8:37 pm By Amelia Birnie

Motorola has slammed Hytera for engaging in ā€œindustrial espionage on a grand scaleā€, after more than a thousand Motorola-branded documents were found in the possession of the Chinese radio maker.

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Quinn Emanuel to appeal loss in AMP class action beauty parade
Class Actions 2019-05-29 5:08 pm By Miklos Bolza

Law firm Quinn Emanuel Urquhart & Sullivan has told the court it will appeal a judgment permanently staying its shareholder class action against AMP over the wealth manager’s fees for no service scandal.

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Investors to get their day in court over Credit Suisse ‘MINI’ warrants
Securities 2019-05-29 4:01 pm By Miklos Bolza

A Federal Court judge has ruled he has jurisdication to hear a case brought by a group of investors against a unit of Credit Suisse over complex derivative products known as MINI warrants, despite the bank’s argument that the claims allege breach of contract under common law, not federal law.

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Appeals court in BHP class action battle questions superiority of no win, no fee model
Appeals 2019-05-27 11:45 pm By Christine Caulfield

Maurice Blackburn’s funding model rejected by a judge overseeing a beauty parade of class actions against BHP appeared structured to incentivise the firm to push up its legal fees, an appeals court said Monday on the first day of a high stakes hearing challenging a decision to shut down two of three competing cases against the mining giant.

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NAB takes captive insurer, Lloyd’s units to court over coverage dispute
Insurance 2019-05-27 11:06 pm By Miklos Bolza

The National Australia Bank has filed a lawsuit against its Singapore-based captive insurance unit and three syndicates of global insurance giant Lloyd’s seeking coverage for two consumer redress schemes related to the bank’s sale of interest rate hedging products and fixed rate tailored business loans.

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