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KPMG class action applicants might bring CFO question to a head
Class Actions 2023-02-14 4:54 pm By Christine Caulfield

The applicants in a shareholder class action against KPMG and former directors of defunct mining company CuDeco might press for clarity on the question of common fund orders in light of a ruling Tuesday morning that further split the Federal Court on the issue.

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Novel ‘solicitors’ CFO to be sought in Blue Sky class actions
Class Actions 2023-02-14 5:34 pm By Sam Matthews

The applicants in a consolidated investor class action against Blue Sky Alternative Investments and auditor EY will be applying for a so-called solicitors common fund order, and will move to transfer the case to the contingency-fee friendly Victoria Supreme Court if the groundbreaking application fails.

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‘Distinctly bizarre’: Costs, commission send lead applicant packing in oil spill class action
Class Actions 2023-02-14 10:40 pm By Sam Matthews

The law firm running the Montara oil spill class action, which has settled for $192.5 million, is looking for a new lead applicant after the first one defected over concerns group members would lose half the settlement amount to legal costs and a funding commission.

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‘Journalism under attack’: Nine to deploy public interest defence in surgeon’s defamation case
Defamation 2023-02-14 11:31 pm By Christine Caulfield

Facing defamation claims by well-known surgeon Dr Munjed Al Muderis, Nine will call at least 27 witnesses and argue for the public interest of its coverage of allegations by patients of inadequate post-surgery care, a court has heard.

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Asset Energy wins review of Morrison’s denial of oil exploration licence
Energy & Natural Resources 2023-02-14 10:34 pm By Sam Matthews

Asset Energy has won Federal Court review of former Prime Minister Scott Morrison’s decision not to grant a two-year extension of a controversial offshore exploration license, after the government conceded that Morrison’s decision was “infected by apprehended bias.”

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Crown, Star look set to admit non-compliance in AUSTRAC actions
AUSTRAC 2023-02-13 2:01 pm By Sam Matthews

A court has heard that casino giants Crown and Star are likely to reach agreement with AUSTRAC as to liability in proceedings alleging “widespread and serious non-compliance” with anti-money and counter terrorism laundering laws.

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Full Court finds Illinois Tool Works fuel cell patent infringed
Intellectual Property 2023-02-13 10:14 pm By Sam Matthews

US tool giant Illinois Tool Works has defeated an appeal to a ruling that found Australian tool company Airco infringed it patent for a fuel cell designed for use in combustion tools.

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Clive Palmer drops appeal of climate change decision blocking Queensland coalmine
Energy & Natural Resources 2023-02-13 11:49 pm By Christine Caulfield

Clive Palmer’s Waratah Coal has abandoned a challenge to a ruling that ended its plan for a coalmine in central Queensland on the grounds that the project would contribute to “foreseeable and preventable life terminating harm”.

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Dentons snags patent ace from intellectual property giant
Intellectual Property 2023-02-13 3:25 pm By Cindy Cameronne

International law firm Dentons has lured the principal of IPH Limited, which owns leading intellectual property firms including Griffith Hack and Spruson & Ferguson, for its Australasian patents team.

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Medibank class action to test whether data breach claims ‘worth the candle’
Analysis 2023-02-10 11:50 pm By Sam Matthews

A landmark Federal Court class action against private health insurer Medibank will be a test case for when privacy claims can sidestep the regulatory path, and whether group members can prove they suffered loss from exposure of their data.

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