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Judge won’t stay crypto class action against Qoin issuer
Cryptocurrency 2023-02-20 8:27 pm By Cat Fredenburgh

A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.

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Hall & Wilcox poaches finance partner from Baker McKenzie
People In The News 2023-02-16 1:30 pm By Sam Matthews

Hall & Wilcox has lured a Baker & McKenzie veteran and renewables specialist to lead its Sydney finance practice.

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Pitcher Partners loses bid to stay suit over Zap Fitness buy-back
Financial Services 2023-02-15 2:40 pm By Sam Matthews

Pitcher Partners has failed to stay a Federal Court suit alleging the accounting firm failed to properly advise former Zap Fitness owner Bective Enterprises on a troubled share buy-back scheme, in light of a Supreme Court bid by another key player to shut the case down.

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Vannin Capital wins $44.5M judgment against Clive Palmer companies
Contracts 2023-02-10 10:48 pm By Cat Fredenburgh

Clive Palmer’s Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.

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Nuix ex-CEO loses $180M case over options agreement
Corporate 2023-02-07 10:12 am By Cindy Cameronne

Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.

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Pinsent Masons recruits corporate partner from DLA Piper
Corporate 2023-02-01 11:24 pm By Christine Caulfield

Bolstering its corporate team in Australia, multinational law firm Pinsent Masons has nabbed a cross-border M&A specialist from DLA Piper.

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Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
Competition & Consumer Protection 2023-01-30 4:49 pm By Cindy Cameronne

The ACCC’s rejection of a regional network arrangement between Telstra and TPG was “confusing” and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator’s decision.

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K&L Gates poaches corporate team from HWL Ebsworth
Business of Law 2023-01-30 8:08 pm By Sam Matthews

US multinational firm K&L Gates has lured a partner and four solicitors from HWL Ebsworth for its growing corporate practice, just a month after poaching three other partners from the firm.

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ACCC considers sell-off in Sika’s bid to absorb MBCC
Corporate 2023-01-20 3:02 pm By Sam Matthews

The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.

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Clayton Utz lures energy ace for corporate practice
Business of Law 2023-01-19 10:43 am By Cindy Cameronne

Clayton Utz has snagged an energy regulatory expert who has worked as general counsel at AusNet and was formerly a partner at Herbert Smith Freehills to join its Melbourne corporate practice. 

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