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Ex-Sydney Symphony CEO denies sending ‘hit job’ media release
Employment 2022-06-20 10:56 pm By Cat Fredenburgh

Former Sydney Symphony CEO Emma Dunch has struck back at the orchestra’s argument that she can’t claim she was terminated for investigating claims of sexual harassment after telling the media she was the victim of a politically motivated “hit job” for seeking funding from the NSW government.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
Class Actions 2022-06-15 4:49 pm By Cindy Cameronne

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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Mayfair’s James Mawhinney agrees to steer clear of IPO Wealth investors
Class Actions 2022-06-10 3:41 pm By Cindy Cameronne

Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth fund after allegedly urging investors, through a PR firm, to reject a settlement offer.

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ACCC, Fujifilm ‘close’ to settling case over small biz contracts
Competition & Consumer Protection 2022-06-08 4:14 pm By Cindy Cameronne

The Australian Competition and Consumer Commission is “close” to settling its case against office supply company Fujifilm over allegedly unfair contracts with small businesses, a court has heard.

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Class action wants BSA to double first payment under $20M settlement
Class Actions 2022-06-07 2:33 pm By Cindy Cameronne

Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an “urgent” bid to ringfence capital raisings from the $20 million payout.

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BSA wants to ringfence capital raisings from $20M class action settlement
Class Actions 2022-06-06 4:21 pm By Sam Matthews

Telco contractor BSA has sued for declarations that cash raised from its 2022 prospectus cannot go towards a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.

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Class action by online traders wants CMC on hook for 10 years of losses
Class Actions 2022-06-02 4:36 pm By Sam Matthews

Online trading company CMC has been hit with a class action by investors seeking to recover 10 years’ worth of “significant” losses incurred while trading risky financial products on its mobile and web-based platforms.

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Class action settlement with IPO Wealth trustee ‘a lot less’ than investors’ claims, court told
Restructuring & Insolvency 2022-06-02 6:30 pm By Cindy Cameronne

Investors in Mayfair Group’s collapsed IPO Wealth Fund stand to recoup “a lot less” than their alleged $67 million in losses from a settlement in a class action alleging the fund’s trustee misled the unit holders — but they will take home 75 per cent of the resolution sum, a court has heard.

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Ex-Sydney Symphony CEO damaged own reputation with ‘hit job’ media release, court told
Employment 2022-05-30 3:51 pm By Cat Fredenburgh

The Sydney Symphony argues its former CEO can’t claim she was dismissed for investigating claims of sexual harassment by the orchestra’s musicians after previously telling the media she was the victim of a politically motivated “hit job” for seeking funding from the NSW government.

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ACCC swipes at Mastercard for alleged interchange rate agreement with retailers
Competition & Consumer Protection 2022-05-30 1:18 pm By Cat Fredenburgh

The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.

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