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Bridge Street Capital hit with costs for funding winding-up defence of ‘woefully’ insolvent developer
Andrew Fernon 2021-11-04 8:44 pm By Cindy Cameronne Sydney

Corporate advisory firm Bridge Street Capital has been hit with costs for funding the defence to a winding up application for a Sydney property developer which a judge found was “woefully” insolvent.

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Judge slams indictment in cartel case as ‘complete shemozzle’
ACCC 2021-11-03 3:41 pm By Miklos Bolza Sydney

A judge has declined to quash the indictment in a high-profile criminal case over a $2.5 billion ANZ share placement but sent prosecutors back to the drawing board to remedy its defects, calling the state of affairs “a complete shemozzle”.

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JPMorgan GC sat in on ACCC interviews despite involvement in alleged cartel, court hears
ACCC 2021-11-03 9:23 pm By Miklos Bolza Sydney

JPMorgan’s general counsel for Australia and New Zealand was allowed to sit in on witness interviews during an ACCC cartel investigation into ANZ’s $2.5 billion share placement despite allegedly being involved in the cartel conduct, a judge has heard.

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Court won’t block Monash Health from terminating unvaccinated nurses
Chris O'Grady 2021-11-03 3:13 pm By Bianca Hrovat Sydney

A court has struck down a bid by unvaccinated nurses to restrain Monash Health from terminating their employment in accordance with the Victorian COVID-19 public health directions requiring them to be vaccinated, saying their case is “at best, weak”.

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Groupwide damages not ruled out in Ford class action, judge says
Allens 2021-11-03 9:56 pm By Christine Caulfield Melbourne

A judge has left open the possibility that aggregate damages could be awarded in a class action against US auto giant Ford on behalf of 185,000 vehicle owners over their defective cars.

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IVF provider Virtus’ confidentiality claims ‘border on ridiculous’, judge says
ACCC 2021-11-03 9:02 pm By Cindy Cameronne Sydney

A judge has rejected part of IVF provider Virtus Health’s bid for redactions in a recent decision from the court temporarily blocking the company from purchasing rival Adora Fertility, saying some of the confidentiality claims were “staggering” and “border on ridiculous.”

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High Court upholds challenge to backpacker tax
Appeals 2021-11-03 4:36 pm By Cat Fredenburgh Melbourne

The High Court has found a 15 per cent ‘backpacker tax’ imposed on holders of Australian working holiday visas violates a double taxation agreement between Australia and the UK.

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Fees for no service class action must clarify ‘serious allegations’ against AMP
AMP 2021-11-02 4:27 pm By Cindy Cameronne Sydney

A judge has ordered a class action against AMP to provide more detail in its case accusing the financial services firm of failing to disclose information to shareholders about allegedly misleading ASIC and charging clients fees for no service.

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Beetaloo gas exploration was approved to ‘stymie’ climate change case, judge told
Australian Government Solicitor 2021-11-02 9:14 pm By Miklos Bolza Sydney

The Morrison government decision’s to enter into a contract with a subsidiary of Empire Energy for gas exploration in the Beetaloo Basin was an effort to “stymie” climate change litigation brought against the federal resources minister, a court has heard.

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BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
ACCC 2021-11-01 5:58 pm By Cindy Cameronne Sydney

BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.

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