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Gilbert + Tobin lures M&A partner from Squire Patton Boggs
Business of Law 2022-06-09 11:38 pm By Cat Fredenburgh

Gilbert + Tobin has wooed a corporate partner from Squire Patton Boggs with significant experience advising on transactions involving heavy hitters in the natural resources sector, including working on a US$15.2 billion rights issue by Rio Tinto.

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Property guru Sasha Hopkins converted investor funds into crypto assets, ASIC says
ASIC 2022-06-08 3:05 pm By Sam Matthews

The Australian Securities and Investments Commission has released details of its allegations against embattled property developer Sasha Hopkins, who is the subject of several freezing orders won by the regulator earlier this month.

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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

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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Six-year-old lawsuit against CFMEU over Pentridge site back on
Appeals 2022-06-08 3:58 pm By Sam Matthews

A judge has revived a long-running suit against the Construction, Forestry, Maritime, Mining and Energy Union and Victorian state secretary John Setka, granting the plaintiffs leave to appeal orders dismissing the case and file an eighth iteration of their pleadings against the union over the infamous Pentridge building site.

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Nufarm takes Advanta Seeds to court after patent lapse held to be lawyers’ error
Agriculture 2022-06-08 4:59 pm By Sam Matthews

Agricultural chemical company Nufarm has appealed a decision giving rival Advanta Seeds extra time to pay a renewal fee for its patent for a hybrid plant cell after correspondence from its lawyers was sent to employees that had left the company and the patent renewal fell through the cracks.

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Merricks Capital sues to stop former exec from working at Switzer-led boutique
Arnold Bloch Leibler 2022-06-07 10:33 pm By Cat Fredenburgh

Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.

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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

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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Twitter ordered to hand over details of popular ‘PRGuy’ account
Chief Justice Debra Mortimer 2022-06-07 11:02 pm By Christine Caulfield

The Federal Court has ordered social media giant Twitter to produce information related to a user on the platform who goes by the name PRGuy.

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Class action wants BSA to double first payment under $20M settlement
Class Actions 2022-06-07 2:33 pm By Cindy Cameronne

Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an “urgent” bid to ringfence capital raisings from the $20 million payout.

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ASIC sues online lender Sunshine Loans over ‘prohibited’ fees
Article 2022-06-07 12:53 pm By Sam Matthews

The Australian Securities and Investments Commission has sued Queensland-based Sunshine Loans for allegedly charging over $320,000 in prohibited fees.

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