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Judge mulling $38.4M Estia settlement hears class closure rulings ‘plainly wrong’
A judge weighing a $38.4 million settlement in a shareholder class action against aged care provider Estia Health has been told that two NSW Court of Appeal judgments barring class closure were “plainly wrong”, but in deciding whether to lock group members out of the settlement the judge says he won’t need to grapple with the landmark rulings.
Judge rejects 7-Eleven’s ‘risky’ bid for pre-trial ruling on objections to evidence
A judge has shot down what he called a "risky" but novel proposal by 7-Eleven for a pre-trial ruling on sample objections to the relevance of evidence in two franchise class actions.
Ex-Australia Post boss Christine Holgate threatens to sue Morrison government
The former CEO of Australia Post has threatened to bring legal action over her departure if the Morrison government fails to enter mediation in the next two days.
Judge orders $75,000 penalty in ACCC’s case against Jayco
A judge has hit caravan manufacturer Jayco with a $75,000 penalty in proceedings launched by the ACCC, finding the company made a false or misleading representation to a customer about their consumer guarantee rights.
WA denies breach of duty in stolen wages class action
The Western Australian state government has hit back at a class action brought by Indigenous workers seeking to recover unpaid wages, saying there was no breach of duty because the law at the time allowed the workers to be employed without pay.
Ashurst picks up DLA Piper partner for real estate practice
Ashurst has snagged a leading property investment and development lawyer who advised on $1.5 billion in projects in the Melbourne Docklands from rival DLA Piper to join its projects and real estate team.
Forex CT ordered to pay $20M for unconscionable sales tactics
ASIC has won a $20 million judgment against derivative trader Forex CT for using “unfair” sales tactics and misleading clients into making trades from which the company would benefit even when they had informed their adviser they had limited financial resources.
Court OKs $440M settlement in Queensland floods class action
A $440 million settlement by the State of Queensland and dam operator Sunwater resolving a class action over the 2011 Queensland floods has been approved by a NSW judge.
Futura Resources unit loses appeal of R&D tax offsets over coking coal project
A unit of coal mining company Futura Resources has failed to convince the Full Federal Court to allow it to register a 2012 coking coal mine investigation conducted in Central Queensland for a research and development tax offset.
Qantas wins eleventh hour injunction in dispute with Virgin-bound exec
Qantas has secured a temporary injunction from a Singapore court blocking a former company executive from starting a new position at competitor Virgin Australia.