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Nimble Money wins appeal in shareholder’s bid to peek at books
Appeals 2022-08-08 11:03 pm By Cindy Cameronne

The largest shareholder in payday lender Nimble has lost its challenge to a decision blocking it from accessing company documents about an impending debt refinance, with an appeals court finding the investor’s concerns had “an air of commercial unreality”.

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Sale of Melissa Caddick’s Dover Heights mansion ‘could turn into a circus’, court hears
Baker McKenzie 2022-05-09 10:27 pm By Cat Fredenburgh

Court-appointed receivers have told the court they should be trusted to determine the the best method for selling the Dover Heights mansion of Sydney fraudster Melissa Caddick, warning a public auction “could turn into a circus”.

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Melissa Caddick’s unemployed husband stakes claim to homes, cars
Baker McKenzie 2022-04-19 5:19 pm By Sam Matthews

The husband of Sydney conwoman Melissa Caddick has staked his claim to a share of his late wife’s estate, and asked the court to deliver up a bundle of property, including Caddick’s Gucci wedding dress.

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Melissa Caddick’s parents say receivers not entitled to Edgecliff home
ASIC 2022-04-11 7:06 pm By Sam Matthews

The parents of Sydney fraudster Melissa Caddick have staked their claim over her $2.6 million Edgecliff home, which they say they have lived in since 2017 according to a binding agreement with their daughter.

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Judge shoots down damages questions for initial trial in NAB super class action
Celia Winnett 2022-03-16 2:18 pm By Miklos Bolza

A judge hearing a superannuation class action against NAB unit NULIS Nominees will not determine the correct approach for calculating damages at an initial trial scheduled for later this year.

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Firstmac slams Zip Pay provider’s defences in fight over ‘Zip’ trade mark
Financial Services 2022-03-08 11:30 pm By Cat Fredenburgh

Buy now, pay later giant Zip Co cannot rely on its infringing use of the ‘Zip’ trade mark to defend a lawsuit by the mark’s owner Firstmac, the mortgage provider’s barrister told a judge on the first day of trial in the high-stakes intellectual property dispute.

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Franchisees appeal $1.2M security order in Hog’s Breath Cafe class action
Class Actions 2022-02-18 10:00 pm By Christine Caulfield

Franchisees of the Hog’s Breath Cafe restaurant chain are challenging a ruling that they hand over $1.23 million in security for the defence costs of the franchisor in their class action.

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Aussie fashion designer suing Katy Perry a ‘calculating and dishonest’ witness, court hears
Christian Dimitriadis 2022-02-16 10:34 pm By Cat Fredenburgh

An Australian fashion designer suing Katy Perry over the rights to use the Katy Perry trade mark in Australia is a “calculating and dishonest witness” whose “utterly dishonest” testimony should not be believed, counsel for the pop star said during closing submissions.

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Class action against Hog’s Breath Cafe can’t dodge $1.2M security
Class Actions 2022-02-07 2:31 pm By Christine Caulfield

Franchisees of the Hog’s Breath Cafe restaurant chain must pay $1.23 million in security for legal costs in their class action against the franchisor, and the matter is stayed until they can pony up the first installment.

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ASIC opposes BlueScope general manager’s request to manage company
ACCC 2021-12-09 3:09 pm By Cindy Cameronne

The Australian Securities and Investments Commission has opposed BlueScope Steel general manager Jason Ellis’ request for court permission to manage another company, saying he should wait until the ACCC’s price-fixing case against him has been decided.

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