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Court strikes Opal Tower builder’s good faith claim in class action costs spat with insurer
Insurance 2024-08-01 11:45 pm By Sam Matthews

A judge has struck out an allegation by the builder of Sydney’s Opal Tower that insurer Liberty Mutual breached its duty of good faith and has warned Icon to carefully consider whether to re-plead the claim.

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Lander & Rogers snags real estate partner from Gadens
Real Estate 2024-07-23 2:03 pm By Sam Matthews

Lander & Rogers has lured away a Gadens veteran to bolster its real estate practice in Brisbane. 

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Opal Tower builder Icon, Liberty Mutual spar over class action legal bill
Insurance 2024-07-17 10:59 pm By Cindy Cameronne

The builder of Sydney’s troubled Opal Tower has brought a claim for indemnity against insurer Liberty Mutual, which has already agreed to pay out $22.5 million, claiming it is owed a total of $12.5 million for its costs in defending a class action by residents. 

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Partner drops suit against Melbourne law firm over Slater & Gordon share sale
Corporate 2024-07-11 11:25 pm By Cindy Cameronne

The managing partner of a leading plaintiff law firm has agreed to drop his case against a Melbourne law firm, which he claimed failed to properly advise him on an agreement that barred him from selling his shares in Slater & Gordon before the firm’s share price plummeted in 2015. 

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Partner declined advice at key stage of Slater & Gordon share offload, court told
Trials 2024-07-09 10:24 pm By Cindy Cameronne

A law firm partner who alleges a Melbourne solicitor failed to properly advise him on a share sale agreement with Slater & Gordon in 2014 declined assistance before signing a term sheet that outlined he could not sell his shares in the firm for three years, a court has heard.

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Partner sues Melbourne firm over advice on Slater & Gordon share sale
Business of Law 2024-07-08 11:03 pm By Cindy Cameronne

The managing partner of a leading plaintiff law firm has sued a Melbourne firm, alleging it failed to properly advise him on an agreement that prevented him from selling his shares in Slater & Gordon before its share price plummeted in 2015.

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Ord Minnett challenges ruling on wealth advisor’s wage entitlements
Financial Services 2024-06-28 1:43 pm By Cat Fredenburgh

Stockbroking firm Ord Minnett has challenged a judgment that found it must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, a decision that could have major repercussions through the industry.

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Judge slashes plaintiffs’ costs in Sydney light rail class action
Class Actions 2024-06-25 10:55 pm By Cindy Cameronne

A judge has ordered Transport for NSW to only pay 65 per cent of the costs of a class action over Sydney’s $3 billion light rail construction, finding it was not inappropriate to apportion costs even though the plaintiffs were largely successful.

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Ord Minnett loses wealth adviser’s case over wage entitlements
Employment 2024-06-13 11:22 pm By Sam Matthews

Ord Minnett must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, after a judge found he was covered by the finance industry award, in a decision that could reverberate throughout the industry. 

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SMSF auditors stung by class action say Melissa Caddick’s clients have themselves to blame
Superannuation 2024-05-24 11:44 pm By Sam Matthews

The auditors of self-managed superannuation funds that clients of Melissa Caddick invested with the Sydney fraudster and her company Maliver have hit back at class action claims, saying the clients have themselves to blame for handing over “direct control” of their funds.

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