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Bankrupt mining exec’s mum must turn over $6M from Rose Bay property sale
Restructuring & Insolvency 2025-01-28 11:09 pm By Julia Kanapathippillai

The mother of bankrupt mining boss Ian Stolyar must pay $6.2 million from the proceeds of the sale of a Rose Bay property to the trustee of his bankrupt estate.

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Jewellery chain Lovisa faces employment class action
Employment 2025-01-28 11:26 pm By Cindy Cameronne

ASX-listed jewellery chain Lovisa has been hit with a class action after employees claimed it failed to pay them for extra hours worked. 

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Victoria says pepper spray class action about protestor ‘misbehaviour’
Class Actions 2025-01-28 11:11 pm By Sam Matthews

Defending a class action brought over Victoria Police’s use of force against protestors at a mining conference in 2019, the state has told a court the case would centre on when peaceful protesting crosses a line.

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Equatorial Launch says former CEO can’t call on $5M in convertible notes
Employment 2025-01-28 11:56 pm By Andy Sidler

Space company Equatorial Launch Australia, which is facing an unfair dismissal from its former CEO, has told a court that solvency issues mean the former executive cannot call on $5 million in convertible notes.

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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Manus Island security guard sues Maurice Blackburn for negligence
Professional Negligence 2025-01-24 10:28 pm By Cindy Cameronne

A former Manus Island security guard has sued Maurice Blackburn, alleging the firm’s negligence prevented him from receiving higher compensation for his psychiatric injuries.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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In win for union, court muzzles St Vincent’s talk on bed closures
Employment 2025-01-24 11:44 pm By Sam Matthews

A nurses union has won orders barring St Vincent’s Private from representing to nurses that protected industrial action in relation to the closure of beds at various hospitals is unlawful and unprotected.

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Indigenous child removal class actions slam ‘masked’ government files
Class Actions 2025-01-24 10:20 pm By Julia Kanapathippillai

Lawyers representing two class actions against the state of Queensland over alleged unlawful removals of Indigenous children have called on the state to produce unredacted files about the lead applicants.

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Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Securities 2025-01-23 11:27 pm By Cindy Cameronne

Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company’s promises.

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