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Vietnamese mining firm drops $132M arbitration award dispute with WorleyParsons unit
Arbitration 2019-09-11 1:35 pm By Miklos Bolza

The operator of a Vietnamese mine has dropped its Federal Court proceedings against WorleyParsons subsidiary Jacobs E&C over the enforcement of a $132 million arbitration award.

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ASIC to challenge ‘uncertainty’ of Westpac responsible lending decision
Appeals 2019-09-10 9:07 pm By Amelia Birnie

The Australian Securities and Investments Commission has filed an appeal against the Federal Court’s responsible lending ruling in favour of Westpac, arguing the decision had created uncertainty around the obligations of credit providers.

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Ex-Norton Rose partner wins six-month delay of ‘ludicrous’ trial start date
Employment 2019-09-04 9:38 pm By Amelia Birnie

Norton Rose Fulbright will have to wait another six months before a long-running dispute with a former partner will be heard, after the ex-employee successfully argued it would be “ludicrous” for the trial to proceed.

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Glencore prevails in $92M court battle with ATO
Tax 2019-09-03 10:58 pm By Christine Caulfield

Commodity trading and mining company Glencore has won a fight with the Australian Taxation Office over a $92 million tax bill related to copper purchased from a subsidiary operating the Cobar mine in NSW.

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Credit Suisse unit can’t strike out pleadings in investors’ case over MINIs
Financial Services 2019-09-02 3:16 pm By Christine Caulfield

A Credit Suisse unit has lost a bid to strike out portions of a case launched by a group of investors over financial products known as MINI warrants, with a judge saying the claims were not untenable as argued.

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Top-tier firm must pay $500K to billionaire for negligence over ‘critical omission’
Legal Ethics 2019-08-30 6:21 pm By Amelia Birnie

A top-tier Australian law firm has been ordered to pay more than half a million dollars in damages for professional negligence, after its billionaire client alleged losses of almost $US37 million following a “critical omission” in legal advice.

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Third judge in Norton Rose ex-partner dispute refuses to step down amid accusations of ‘absurdly obtuse’ bias
Employment 2019-08-29 9:39 pm By Amelia Birnie

The third judge assigned to oversee a lawsuit filed against law firm Norton Rose Fulbright by a former partner has refused to recuse himself on the grounds of apprehended bias, despite being accused of behaviour that was “grossly disrespectful”, “absurdly obtuse” and “fundamentally lacking in logic”.

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3A Composites challenges commonality in cladding class action
Class Actions 2019-08-27 9:10 pm By Miklos Bolza

3A Composites has slammed the pleadings in a class action against it over allegedly combustible cladding, questioning whether the stated common issues are actually common to all group members.

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Full Federal Court may weigh validity of NAB ‘junk’ insurance class action
Class Actions 2019-08-22 8:17 pm By Amelia Birnie

A class action against National Australia Bank over allegedly worthless consumer credit insurance could be referred to the Full Federal Court just three months out from trial, amid concerns that the class action was not validly commenced.

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Glencore fires another salvo to protect offshore records after High Court defeat
Tax 2019-08-21 4:44 pm By Miklos Bolza

Coal company Glencore has taken further legal steps to block the Australian Taxation Office from accessing documents related to its offshore affairs, after its bid to shield documents exposed in the Panama Papers leak failed before the High Court.

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