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Seven takes Cricket Australia to court to quash broadcast agreement
Sports 2022-06-30 10:36 pm By Cat Fredenburgh

Channel Seven has asked the Federal Court to terminate a Test cricket and Big Bash League broadcast agreement with Cricket Australia due to alleged contract breaches.

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Litigation funder wins transfer bid in fight with class action applicant
Class Actions 2022-06-29 9:59 pm By Christine Caulfield

A litigation funder facing a lawsuit by the lead applicant in a settled class action it financed has won its bid to transfer the case to the Federal Court, where the class action was heard, after a judge said it was the “natural forum” for the dispute.

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Nuix ex-CEO not entitled to ‘special treatment’, trial judge told
Securities 2022-06-27 6:55 pm By Cindy Cameronne

The former boss of embattled tech company Nuix is asking for “special treatment” by arguing he is owed $183 million in options under a 2008 agreement, a judge has heard on the first day of trial in the ex-CEO’s case.

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Merricks Capital secures undertakings from defecting employees
Employment 2022-06-24 6:30 pm By Christine Caulfield

Melbourne-based hard assets investment manager Merricks Capital has won undertakings from its ex-managing director and two former employees who defected to an investment boutique run by financial commentator Peter Switzer and his son Marty. 

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Judge wants to wait on commission, costs in $20M BSA class action settlement
Class Actions 2022-06-22 12:46 pm By Cat Fredenburgh

A judge who will oversee an upcoming hearing for approval of a $20 million settlement in a class action against Optus contractor BSA has urged the parties to sever the funder’s commission and costs from the settlement to avoid delays in distribution to group members.

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Hutchinson’s ‘monstrous’ claim survives in case over $153M Port Melbourne development
Real Estate 2022-06-22 10:00 pm By Cindy Cameronne

Construction giant Hutchinson has succeeded in bringing claims against a related entity of a Port Melbourne property developer over a $153 million project after alleging the developer was a “company of straw” that had no assets.

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Waste tyre boss owes $2M for using Maersk to take out his trash, shipper alleges
Competition & Consumer Protection 2022-06-08 9:55 pm By Cindy Cameronne

A judge has struck out a defence invoking the right against self-incrimination in a $2 million case brought by freight company Maersk alleging a Melbourne waste tyre company director used the shipper to dump end-of-life tyres overseas. 

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Merricks Capital sues to stop former exec from working at Switzer-led boutique
Employment 2022-06-07 10:33 pm By Cat Fredenburgh

Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.

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Class action wants BSA to double first payment under $20M settlement
Class Actions 2022-06-07 2:33 pm By Cindy Cameronne

Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an “urgent” bid to ringfence capital raisings from the $20 million payout.

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Social justice law firm sued by solicitor claiming $185,000 in wages
Employment 2022-06-06 9:16 pm By Sam Matthews

A solicitor who says she wasn’t paid for three years before her termination is suing her former employer — a “community-oriented” Sydney law firm — for over $185,000 in unpaid wages and other entitlements.

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