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BlueScope hit with record $57.5M penalty for attempted price-fixing
Competition & Consumer Protection 2023-08-29 11:35 am By Sam Matthews

A judge has hit BlueScope Steel with a $57.5 million penalty for engaging in attempted cartel conduct and ordered a former executive to personally pay a $575,000 penalty.

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United Petroleum class action fights ‘stultifying’ security bid
Franchises 2023-08-29 9:41 pm By Sam Matthews

A franchisee class action against United Petroleum over the installation of allegedly loss-making Pie Face stores at its franchise sites is fighting two applications for security for costs which it says can’t be met, as funders take little interest in the case.

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University of Sydney can’t advance ‘unclear’ claims over flammable building panels
Construction 2023-08-25 1:02 pm By Sam Matthews

The University of Sydney has lost a bid to amend its claims against a consultant in litigation over allegedly defective building work carried out on its Charles Perkins Centre in Camperdown.

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With settlement attempts a bust, Navy training class action goes to referee
Class Actions 2023-08-23 4:43 pm By Cindy Cameronne

A referee will calculate individual damages for 290 former Royal Australian Navy sailors after failed attempts at a settlement in a class action against the Department of Defence, in which a judge ruled the government owed compensation.

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ASIC suffers significant loss in ‘illegal phoenix’ case against liquidator
Restructuring & Insolvency 2023-08-18 11:32 pm By Christine Caulfield

The corporate regulator has failed in its case targeting an individual insolvency practitioner for alleged illegal phoenix activity.

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Noumi to face penalty in ASIC case after admitting to inflated inventory
Securities 2023-08-15 9:46 pm By Cindy Cameronne

Noumi has admitted in a case by ASIC to breaching its continuous disclosure obligations by overstating the value of its inventory and failing to give a true and fair view of the company’s financial position.

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HWL Ebsworth can’t point finger at client to reduce liability for negligence
Business of Law 2023-08-04 11:21 pm By Sam Matthews

A judge has ruled that HWL Ebsworth’s negligent advice over property in Paramatta’s ‘Auto Alley’ cost a client $2 million, rejecting the firm’s plea of contributory negligence against the owner.

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Lead plaintiff in class action settles claim against General Motors
Class Actions 2023-08-02 10:04 pm By Sam Matthews

The lead plaintiff in a class action by dealers over a decision to retire the Holden brand has settled its claim with General Motors, but is set to remain as the lead plaintiff in the case.

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GM says supply of Holden’s best-selling cars would have dried up anyway
Class Actions 2023-08-01 11:33 pm By Christine Caulfield

Defending a class action by dealers over a decision to retire Holden, General Motors argues it would have been forced to close the unprofitable plant that manufactured the vehicles for the Australian market even absent the 2020 withdrawal of the iconic brand.

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Norton Rose lures construction pros back from Clyde & Co
Business of Law 2023-08-01 11:16 pm By Cat Fredenburgh

Norton Rose Fulbright has lured back two leading construction lawyers to the firm from Clyde & Co, along with a third leading construction and projects specialist.

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