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Judge disqualifies himself from hearing Greensill cases
Insurance 2025-02-20 11:01 pm By Cindy Cameronne

A newly appointed judge has disqualified himself from hearing a group of cases over Greensillā€™s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute.Ā 

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Will ACCC pick up pace of competition enforcement after sluggish two years?
Competition & Consumer Protection 2025-02-20 11:36 pm By Christine Caulfield

It has been a quiet time for the competition regulator under the stewardship of Gina Cass-Gottlieb, but on Thursday the enforcer urged companies and consumers to watch this space.

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EML wins extra time to respond to class actionā€™s ‘new case’
Class Actions 2025-02-20 4:54 pm By Sam Matthews

Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bankā€™s concerns with its anti-money laundering compliance.

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Landmark ruling to upend tax office’s practice of treating UPEs as loans
Tax 2025-02-20 11:56 pm By Sam Matthews

An appeals court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, upending the ATOā€™s longstanding practice of treating UPEs as part of a trustee’s assessable income.

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Construction PRO
No ‘judicial sympathy’ for Taringa shopping centre builder faced with insolvency
Construction 2025-02-21 11:44 pm By Julia Kanapathippillai

A judge has order the winding up of a construction company contracted to build a Queensland shopping centre after the builder failed to comply with a statutory demand.

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Construction PRO
US property giant CoStar makes $2.7B play for Domain
Securities 2025-02-21 5:02 pm By Sam Matthews

Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.

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Construction PRO
Stockland locks in $800M in deals with KKR, M&G Real Estate
Construction 2025-02-21 5:18 pm By Cindy Cameronne

ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million.Ā 

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Allergan may bring ‘state of the art’ defence in breast implants class action
Class Actions 2025-02-20 10:35 pm By Andy Sidler

US drug maker Allergan may defend a class action over recalled textured breast implants by arguing its knowledge of the alleged defects was limited by the state of scientific knowledge at the time the products were made.

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GM class action judge fond of cars, not fond of pleading fights
Class Actions 2025-02-20 11:50 pm By Julia Kanapathippillai

GM has foreshadowed a strike-out application in a class action over alleged faulty transmissions in Holden vehicles, but a judge has warned he won’t “take kindly” to pleading spats.

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Jones Day lures enviro partner from Norton Rose Fulbright
Business of Law 2025-02-20 11:26 pm By Julia Kanapathippillai

A top environmental lawyer has joined Jones Day as a partner in the firm’s government regulation practice.

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