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QSuper says any class action recoveries can’t go to law firm, funder
Class Actions 2022-06-01 2:12 pm By Sam Matthews

QSuper has hit back at a class action over its alleged failure to notify members of changes to its premiums, saying group members failed to heed a ā€œlarge fontā€ notice of the changes and that any recoveries cannot be paid out to the law firm and funder running the litigation.

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‘High prices, worse service’: Optus CEO lashes proposed TPG-Telstra deal
Competition & Consumer Protection 2022-06-01 10:19 pm By Harry Thomas

The CEO of Optus has come out swinging against a proposed 10-year agreement between TPG and Telstra to share mobile network infrastructure and spectrum in parts of regional Australia, warning it would harm consumers.

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Uber appeals ruling it sought legal advice on how not to get ‘caught’
Class Actions 2022-05-31 2:17 pm By Cindy Cameronne

Uber has appealed a ruling that found many of its email exchanges with its lawyers were made in furtherance of offences at the centre of a class action and were not protected by legal professional privilege.

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Class action investigation targets Mercedes-Benz over recall
Competition & Consumer Protection 2022-05-31 6:56 pm By Sam Matthews

Mercedes-Benz is facing a potential class action over a recall affecting over 17,000 vehicles installed with faulty brake boosters.

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Unpaid Mills Oakley bill shows funder’s foe unable to pay, court told
Class Actions 2022-05-31 1:36 pm By Christine Caulfield

The litigation funder facing a lawsuit by the applicant in a class action it financed is demanding security for legal costs because it says the applicant — which is being chased by a law firm for more than $300,000 in fees — may not be good for the money.

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Ex-Dick Smith CEO should be liable for approving $28.5M in dividends, appeals court told
Restructuring & Insolvency 2022-05-30 9:30 pm By Cindy Cameronne

The former CEO of failed electronics retailer Dick Smith should be held responsible for approving two dividend payments worth $28.5 million which the company could not afford to pay given it owed millions in unpaid bank loans and supplier debts, an appeals court has heard.Ā 

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Kupang Resources can’t get tax docs in fight to recoup funds from director Phillip Grimaldi
Tax 2022-05-30 10:30 pm By Cat Fredenburgh

An appeals court has set aside a notice issued to the tax office to produce documents to Kupang Resources as the mining company seeks to claw back millions of dollars allegedly siphoned off by former shadow director Phillip Grimaldi.

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Ex-Sydney Symphony CEO damaged own reputation with ‘hit job’ media release, court told
Employment 2022-05-30 3:51 pm By Cat Fredenburgh

The Sydney Symphony argues its former CEO can’t claim she was dismissed for investigating claims of sexual harassment by the orchestra’s musicians after previously telling the media she was the victim of a politically motivated “hit job” for seeking funding from the NSW government.

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Funder sells interest in combustible cladding class actions for $20M
Class Actions 2022-05-30 9:36 pm By Christine Caulfield

The litigation funder backing two combustible cladding class actions has sold a third of its investment in the cases to a player in the nascent secondary market for class action financing.

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ACCC swipes at Mastercard for alleged interchange rate agreement with retailers
Competition & Consumer Protection 2022-05-30 1:18 pm By Cat Fredenburgh

The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.

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