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UGL drops challenge after unions agree not to fund class action
Employment 2022-07-27 2:46 pm By Cindy Cameronne

In the wake of a landmark judgment that held class actions are not managed investment schemes, engineering giant UGL has given up its case against two unions that sought to block them from funding an underpayments class action.

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Insurers off hook over coverage for CIMIC Iraq bribery cases
Insurance 2022-07-27 2:02 pm By Sam Matthews

A judge has slashed engineering services firm CIMIC Groupā€™s ten insurance claims in half, finding that the company failed to notify five insurers of a handwritten document dubbed the ā€œIraq file noteā€ in relation to its claims for coverage of costs arising from allegations it engaged in corrupt practices, including bribing Iraqi officials.

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Moray & Agnew resolves case against insurer over $3.7M settlement with developer
Insurance 2022-07-27 3:16 pm By Christine Caulfield

Law firm Moray & Agnew has reached an agreement with insurer Arch Underwriting in its case seeking coverage of part of a $3.7 million settlement with Melbourne property developer Harry Stamoulis.

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HarperCollins wants High Court to reawaken deep sleep defamation case
Defamation 2022-07-27 1:41 pm By Cindy Cameronne

Publisher HarperCollins has filed a special leave application with the High Court seeking to challenge a decision that revived a defamation case by a psychiatrist over a book covering the controversial deep sleep therapy at the Chelmsford Private Hospital in the 1970s.

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BSA’s $20M class action settlement wins court approval
Class Actions 2022-07-26 11:49 pm By Cindy Cameronne

A judge has approved a $20 million settlement in a sham contracting class action accusing telco contractor BSA Limited of misclassifying its workforce of technicians as independent contractors.

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Honda admits ‘accidentally but repeatedly’ misleading customers
Competition & Consumer Protection 2022-07-26 12:35 pm By Sam Matthews

Honda has admitted to the Australian Competition and Consumer Commission’s claims that it mislead the customers of two former authorised dealerships, but is seeking to avoid pecuniary penalties for the ā€œaccidentalā€ misconduct.

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Sophie Grace settles $15.4M lawsuit over Gallop collapse
Business of Law 2022-07-26 1:17 pm By Cat Fredenburgh

Law firm Sophie Grace has settled a lawsuit brought by collapsed forex broker Gallop International Group claiming its failure to ensure the company complied with its obligations as a holder of an Australian financial services licence led to $15.4 million in investor funds being loaned to the company’s director in Hong Kong.

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Mineralogy can’t take royalties dispute with Adani to court
Energy & Natural Resources 2022-07-26 2:57 pm By Sam Matthews

Clive Palmerā€™s mining company Mineralogy has lost a bid to stay an expert determination process in a royalties dispute with Adani, with a judge ruling that the court should not ā€œlightly disregardā€ decisions to resolve disputes by expert determination rather than court-based litigation.

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Mayfair 101 reaches settlement with IPO Wealth Holdings liquidators
Restructuring & Insolvency 2022-07-26 12:13 am By Cindy Cameronne

Mayfair 101 has settled with liquidators of collapsed IPO Wealth Holdings after they won a bid to re-examine former director James Mawhinney over the transfer of ā€œconsiderable funds and assetsā€ from the fund to other entities.

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Tiwi Islanders to file new bid to block Santos’ Barossa drilling
Energy & Natural Resources 2022-07-26 11:15 pm By Cindy Cameronne

Tiwi Islanders will file a new application to prevent drilling continuing on Santosā€™ $4.7 billion Barossa gas project after losing a challenge to stop the energy giant from beginning work on the first sea well.

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