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IAG agent at heart of controversial Greensill funding wins more time for defence
Ashurst 2022-08-10 2:09 pm By Cindy Cameronne Sydney

Fired underwriter Greg Brereton has been granted an extension to respond to lawsuits targeting Insurance Australia Group over trade credit policies covering $4.6 billion in loans issued by collapsed Greensill Capital. 

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GetSwift boss accused by co-founder of misleading him on sale of shares
Competition & Consumer Protection 2022-08-09 11:35 pm By Christine Caulfield

GetSwift managing director and founder Joel Macdonald faces a lawsuit by former Melbourne Demons teammate James Strauss, who helped launch the strife-ridden logistics tech company seven years ago.

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‘Micromanaging’ slow-going Allianz class action may be unavoidable, judge says
Allianz 2022-08-09 11:57 pm By Cindy Cameronne Sydney

A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.

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Virgin says funder’s $5M security in investor class action ‘unsatisfactory’
Aviation 2022-08-08 2:10 pm By Cindy Cameronne Sydney

Virgin Airlines has argued a litigation funder’s indemnity for its legal costs is not enough for it to bring a class action on behalf of bond holders over a 2019 prospectus, claiming the airline expects to spend more than $5 million defending the proceedings.

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‘Serious allegations’ against Pitcher Partners to be heard in NSW
Accounting 2022-08-05 10:02 pm By Cindy Cameronne Sydney

A judge has denied a bid by accounting firm Pitcher Partners to transfer a $127 million lawsuit brought by the Twigg family, saying he was best placed to hear “serious allegations” the firm helped race car driver Max Twigg give a false understanding of his company’s assets.

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EY settlement in class action over Slater & Gordon audits approved
Accounting 2022-08-05 2:05 pm By Cindy Cameronne Sydney

A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon’s disastrous $1.2 billion acquisition of UK business Quindell.

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Mercedes bullied car dealers, called them ‘baby piglets’, court told
Automotive 2022-08-03 11:40 pm By Cindy Cameronne Sydney

Officials at the Mercedes-Benz Australia head office referred to car dealers as “baby piglets” in internal communications and threatened and bullied the retailers, a trial court has been told in a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model.

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Telstra to shut down sites amid ACCC concerns about Optus 5G rollout
ACCC 2022-08-03 11:11 pm By Cat Fredenburgh

Telstra has agreed to deregister 162 radiocommunications sites after the ACCC expressed concerns the acquisition could stymie competition by hampering the rollout of Optus’ 5G network.

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Lawyer sues over articles on dropped David Jones fraud charges
Defamation 2022-08-03 11:07 pm By Sam Matthews Sydney

A Sydney lawyer has sued the owners of three websites which allegedly published defamatory articles accusing her of trying to defraud $16,000 from David Jones, claiming her employment prospects have been damaged.

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Partner in Lendlease tax ‘dodge’ suit says whistleblower protections apply
Assured Legal Solutions 2022-07-28 1:38 pm By Cindy Cameronne Sydney

A former Greenwoods & Freehills partner will argue he is entitled to whistleblower protection in his lawsuit against the tax advisory firm and Lendlease, alleging he was forced to leave after refusing to put his name to a tax return and making protected disclosures.

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