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Aveo class action members facing novel funding order protected by court, judge says

A judge has approved an opt-out notice in a class action against retirement home provider Aveo Group that advises of a proposed application for a controversial funding order that would put a lien on some group members homes.

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NT Stolen Generation class action settles for $50M

A landmark class action on behalf of over 1,700 family members and deceased estates of the Northern Territory Stolen Generations has reached a $50.45 million settlement with the federal government.

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Inpex can call on $467M bank guarantee in battle with Daewoo over delayed floating gas facility

A judge has ruled that oil company Inpex can call on a $467 million bank guarantee in its contract battle with Korean shipbuilder Daewoo over the contentious Ichthys LNG project off the coast of Western Australia.

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‘If they were my clients I’d advise them to opt out’, barrister tells Aveo class action judge

The first ever amicus appointed in a fight over the wording of an opt out notice in a class action has told a court a proposed novel funding model in a case against retirement home provider Aveo Group could be a “nightmare scenario” for certain group members.

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Aveo class action judge appoints first-ever amicus in fight over opt-out notice

A judge overseeing a class action against retirement home provider Aveo Group has appointed an amicus curiae for what is believed to be the first time to assist the court in a fight over the wording of an opt out notice describing a “novel” funding model. 

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Aveo slams ‘extraordinary’ and ‘unprecedented’ funding order in class action

A foreshadowed application for a funding order in a class action that would put a lien on some group members’ homes was “entirely unprecedented and without jurisprudential basis”, retirement home provider Aveo Group has said.

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Aveo says class action opt out notice would ‘scare’ elderly people

Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would “scare” elderly people by warning the funder that’s backing a class action against it may seek an “unprecedented” order against certain unfunded group members.

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Sailors seek ‘very high figure’ in Navy training class action

The federal government has argued it should not have to pay the “very high figure” former Royal Australian Navy sailors are seeking in compensation for a breached training contract that allegedly saw them denied a higher rate of pay.

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Court tosses appeal of $1.96M judgment awarded to cryptocurrency trader

An appeals court has thrown out a challenge to a judgment awarding a cryptocurrency trader $1.96 million in cash and a property purchased for $1.5 million over a deal with a convicted fraudster involving “millions of dollars of cash in bags and suitcases”.

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‘Millions of dollars of cash in bags’: Cryptocurrency trader wins lawsuit against fraudster

A cryptocurrency trader has won judgment of over $1.96 million in a NSW Supreme Court lawsuit against companies owned by a convicted fraudster over a deal involving “millions of dollars of cash in bags and suitcases” and a settlement that was reached and then ignored.

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