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Group members guaranteed 72.5% cut in Crown Resorts class action
Class Actions 2022-12-19 12:04 pm By Sam Matthews

A judge has approved a group costs order with a tiered contingency fee that will guarantee group members at least 72.5 per cent of any returns in a shareholder class action accusing Crown Resorts of lax anti-money laundering compliance over a six-year period.

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Discrimination class action filed against NT public housing body
Class Actions 2022-12-19 2:25 pm By Sam Matthews

The Northern Territory public housing authority has been hit with a class action alleging it failed to maintain public housing to a habitable standard in remote Aboriginal communities.

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Westpac settles superannuation class action for $30M
Class Actions 2022-12-16 12:03 pm By Sam Matthews

Westpac has agreed to pay $29.95 million to settle a class action alleging subsidiaries BT Funds Management Limited and Westpac Life Insurance Services Limited charged customers excessive superannuation fees between 2007 and 2019.

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Sunwater insurer doesn’t owe coverage for $440M Queensland floods class action
Insurance 2022-12-16 9:25 pm By Sam Matthews

Queensland government-owned water services provider Sunwater has lost a bid to overturn a judgment letting insurer Liberty Mutual Insurance off the hook for its share of a $440 million settlement in the Queensland floods class action.

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HarperCollins can make ‘bad reputation’ claims in deep sleep defamation case
Defamation 2022-12-16 9:41 pm By Cindy Cameronne

A psychiatrist that sued HarperCollins for defamation over a book on the use of deep sleep therapy at the Chelmsford Private Hospital in the 1970s has lost his bid to disallow the publisher’s claim that any damage he suffered was mitigated by his bad reputation.

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Twigg family fights knockout bid by Pitcher Partners
Accounting 2022-12-16 4:38 pm By Sam Matthews

Relatives of race car driver Max Twigg are fighting Pitcher Partners’ bid to have a $127 million lawsuit dismissed as an abuse of process, rejecting the accounting firm’s argument that the proceedings were deliberately delayed for strategic reasons.

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ACCC accuses wealth guru Dominique Grubisa of misleading students
Competition & Consumer Protection 2022-12-16 9:53 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has taken wealth guru Dominique Grubisa and her business DG Institute to court for allegedly misleading students of their real estate investing and wealth management programs.

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ING Bank ran afoul of Consumer Data Right rules, ACCC claims
Competition & Consumer Protection 2022-12-16 4:00 pm By Christine Caulfield

ING Bank has paid penalties of over $50,000 to the ACCC to resolve claims it failed to comply with the Consumer Data Right rules and misled consumers in relation to the security of its CDR service.

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Class action head leaves Shine Lawyers to launch new firm
Business of Law 2022-12-15 4:25 pm By Christine Caulfield

Competition among class action law firms is expected to heat up next year as veteran lawyer Jan Saddler departs Shine Lawyers to start her own firm.

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Aristocrat wins $36M in patent infringement damages from pokies maker Konami
Intellectual Property 2022-12-15 4:44 pm By Sam Matthews

Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.

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