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ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
ACCC 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that want their submissions to the ACCC kept under lock and key.

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Receivers reach agreement with Melissa Caddick’s husband
Baker McKenzie 2023-09-06 11:53 pm By Sam Matthews

The receivers of Melissa Caddick’s estate have reached an in-principle agreement with the Sydney frauster’s husband and son in relation to the division of a small number of remaining assets.

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Pelvic mesh law firm can’t recover $32M in interest on loan to fund class action
Alec Leopold 2023-08-03 11:22 am By Cindy Cameronne

Shine Lawyers has lost its bid to recover $32 million in interest on a loan it took out to run two pelvic mesh class actions against Johnson & Johnson, with a judge finding it would make a “marginal settlement less than reasonable”.

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Judge pushes off dispute over Melissa Caddick’s $12,000 Dior sneakers
Baker McKenzie 2023-08-02 10:40 pm By Sam Matthews

The judge overseeing the receivership of Melissa Caddick’s estate has pushed off a dispute about a collection of sneakers held by the deceased fraudster’s teenaged son, including one pair that could be worth up to $12,000.

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Shine’s bid for $32M in loan interest raises ‘never seen before’ conflicts: judge
Alec Leopold 2023-07-24 10:08 pm By Cindy Cameronne

Shine Lawyers’ bid to recoup “exorbitant” interest on a loan it took out to run pelvic mesh class actions against Johnson & Johnson has raised new ethical dilemmas beyond the usual “sweaty palms and huge vexation” in most group proceedings, a judge has said.

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HWL Ebsworth’s claim of exhausted discovery in partner spat ‘puzzling’, judge says
Ben Hancock 2023-06-29 10:47 pm By Gareth Baker

A judge has criticised HWL Ebsworth’s discovery efforts and ordered the law firm to try again in the firm’s dispute with a former partner claiming the company cut him out of a proposed ASX float in 2020. 

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Shine’s shareholder dividends called out by J&J class action judge in fight over costs
Alec Leopold 2023-06-13 11:36 pm By Sam Matthews

The judge weighing the legal costs sought to be deducted from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson has questioned Shine Lawyers’ bid to make group members pay $32 million in interest incurred on a loan the firm took out at “credit card” rates.

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Parents of fraudster Melissa Caddick paid $1M to vacate Edgecliff property
ASIC 2023-06-05 11:14 pm By Sam Matthews

The parents of deceased fraudster Melissa Caddick will take $950,000 to move out of a multi-million dollar property in Sydney’s East, which will now be sold by receivers.

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Former top judge lands post-retirement gig as referee in fight over J&J pelvic mesh settlement
Alec Leopold 2023-05-31 4:01 pm By Christine Caulfield

The Federal Court’s recently retired top judge has landed on his feet with his appointment by the court as referee to determine which of a group of competing firms should dole out a $300 million settlement that resolved the J&J pelvic mesh class actions.

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‘Extraordinary unhappiness’ with $300M J&J pelvic mesh settlement, court hears
Alec Leopold 2023-05-19 3:08 pm By Sam Matthews

A contradictor in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon has told the court of the “extraordinary amount of group member unhappiness” following approval of a $300 million settlement – the largest in the history of Australian product liability group proceedings.

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