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Honda hit with lawsuit over abandoned dealership model
Competition & Consumer Protection 2022-03-16 7:02 pm By Sam Matthews

Honda Australia has been hit with a lawsuit by three former dealers over its decision to abandon a dealership model in Australia, the latest car maker to face litigation by car dealers.

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Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
Insurance 2022-03-16 4:06 pm By Miklos Bolza

Lloyd’s has won access to letters between Moray & Agnew and an insurer to test its claims that a $3.7 million settlement the law firm agreed to over the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis was excessive and made to protect the firm’s reputation.

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Viterra loses bid for ‘drastic’ freezing orders to safekeep $18m arbitration award
Arbitration 2022-03-15 10:01 pm By Cindy Cameronne

Viterra has lost its battle to maintain freezing orders against two Australian business as it seeks to enforce an $18.7 million arbitration award against a related but separate Chinese company.

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Insurer denies policy covered ‘excessive’ $3.7M Moray & Agnew settlement
Insurance 2022-03-11 1:32 pm By Miklos Bolza

A Lloyd’s syndicate has hit back at a lawsuit by Moray & Agnew, saying it did not have to cover part of a $3.7 million settlement between the law firm and a Melbourne property developer because the amount agreed to was “excessive”.

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Lloyd’s scores win in COVID-19 business interruption insurance case
Insurance 2022-03-11 3:14 pm By Miklos Bolza

Lloyd’s has scored a win in a COVID-19 business interruption case, with a judge ruling the insurer can rely on a conformity clause in its insurance contract with a Snap Fitness franchisee to deny coverage.

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Clive Palmer cops indemnity costs for ‘absurd’ aircraft lawsuit
Energy & Natural Resources 2022-03-10 3:42 pm By Bianca Hrovat

Billionaire Clive Palmer has been hit with indemnity costs over a discontinued lawsuit brought against aircraft mechanics over the repair of his $2 million private jet.

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High Court says ‘direct and far-reaching ramifications’ of contract gives outsider right to relief
High Court 2022-03-09 9:42 pm By Bianca Hrovat

The High Court has ruled that the ā€œdirect and far-reaching ramificationsā€ of a contract between the federal government and Tasmaniaā€™s two major airports justifies an order for declaratory relief sought by local councils about the obligation of the airports’ operators to pay rates.

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Palmer salvages defence in spat with CITIC over $5.8B Sino Iron project
Energy & Natural Resources 2022-03-09 1:33 pm By Miklos Bolza

An appeal by billionaire Clive Palmer and his mining company Mineralogy has succeeded in reinstating parts of their defence attacking the state of mind of Hong Kong-based conglomerate CITIC in allegedly applying commercial pressure over the $5.8 billion Sino Iron project in Western Australia.

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HWL Ebsworth overlooked ‘obvious red flags’ in joint venture contract, trial told
Professional Negligence 2022-03-07 9:11 pm By Bianca Hrovat

HWL Ebsworth’s clients suffered a staggering $130 million loss when the law firm’s solicitors failed to notice ā€œobvious red flagsā€ in a joint venture contract for an ambitious Sydney-based land development, a court has heard.

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‘The end of litigation as we know it’: Judge pans Nando’s costs in franchising spat
Franchises 2022-03-07 2:36 pm By Miklos Bolza

Nando’s Australia has been criticised for claiming that its costs in a dispute against a single franchisee could reach close to $2 million, with an associate judge saying the bill could kickstart a precedent that leads to “the end of litigation as we know it”.

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