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7-Eleven class action funder wins first-ever interim payment from settlement
7-Eleven 2022-06-17 4:24 pm By Cindy Cameronne Sydney

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
CBA 2022-06-17 4:51 pm By Cindy Cameronne Sydney

Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
7-Eleven 2022-06-15 4:49 pm By Cindy Cameronne Sydney

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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Meta wants details of tech capabilities kept under wraps in ACCC case
ACCC 2022-06-09 7:23 pm By Sam Matthews Melbourne

Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.

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Judge tosses cosmetic surgeon’s case over unaired 60 Minutes episode
Acting Justice Carolyn Simpson 2022-06-09 7:06 pm By Cindy Cameronne Sydney

A judge has dismissed a case seeking to force Nine to hand over draft versions of a 60 Minutes episode and related stories, after an appeals court threw out orders that would have forced production of the material.

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Nine wins challenge to production of draft 60 Minutes episode
Acting Justice Carolyn Simpson 2022-06-08 3:26 pm By Cindy Cameronne Sydney

Nine has won its legal challenge to orders that would have forced it to hand over a draft version of a 60 Minutes episode and restricted it from airing the program after an appeals court found a judge had no power to make the orders.

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Mesoblast hit with second shareholder class action over COVID-19 drug
Class Actions 2022-06-07 3:17 pm By Cat Fredenburgh Melbourne

Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications.

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Nuix says ex-CEO’s claim off by $140M, but Macquarie director must front court to explain
Competition & Consumer Protection 2022-06-06 4:20 pm By Cindy Cameronne Sydney

A former Nuix director appointed by Macquarie Bank must give evidence in person as the embattled tech company argues a claim brought by its former CEO is off by $140 million.

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Google must pay $715,000 to Barilaro over YouTube videos, may face contempt charge
Ashurst 2022-06-06 11:27 am By Sam Matthews

A judge has ordered that Google pay $715,000 to former deputy premier of NSW John Barilaro over a “relentless, racist, vilificatory, abusive and defamatory campaign” by YouTube commentator Jordan Shanks that the tech giant “did nothing” to stop.

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Claims against Macquarie Leasing dropped in ANZ flex commissions class action
ANZ 2022-06-06 12:26 pm By Sam Matthews Melbourne

Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.

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