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Crown wants novel oppressive conduct claims struck from shareholder class action
Allens 2021-05-19 10:32 pm By Christine Caulfield Melbourne

Crown Resorts will fight to strike out allegations in a class action that the casino operator was liable for “oppressive conduct” under the Corporations Act, saying there was no legal basis for making the claims and no articulation by the class as to how the company engaged in the conduct.

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Loss of Christian Porter’s silk in defamation case would be ‘a very big deal’, court hears
ABC 2021-05-19 9:13 pm By Cindy Cameronne Sydney

Christian Porter has won access to communications by the woman behind a challenge to his legal representation in a defamation case against the ABC, after telling a court it would be a “very big deal” if he lost his counsel.

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ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court
Allens 2021-05-19 4:07 pm By Cindy Cameronne Sydney

Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.

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Class action launched against council over sinking Sydney homes
Class Actions 2021-05-19 3:34 pm By Miklos Bolza Sydney

Homeowners in a Western Sydney suburb have filed a NSW Supreme Court class action against the local council, a developer and geotechnical engineers seeking compensation over homes they claim are sinking into the ground.

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Peloton’s US$420M acquisition of Precor violated ‘spinning’ licence, court told
Ashurst 2021-05-19 1:28 pm By Cat Fredenburgh Melbourne

California-based fitness company Mad Dogg has accused Peloton Interactive of inducing breach of a non-compete through its $US420 million acquisition of commercial gym equipment manufacturer Precor, and has asked a court to block the company from using its ‘spinning’ trade marks in relation to its interactive exercise bikes.

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Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told
Automotive 2021-05-18 8:25 pm By Miklos Bolza Sydney

A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.

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Christian Porter’s lawyers accuse ABC of ‘improper’ allegations against silk
ABC 2021-05-17 6:59 pm By Miklos Bolza Sydney

Lawyers retained by former attorney-general Christian Porter have accused the ABC of making “improper” allegations against Porter’s counsel, who is facing calls for her to return her brief to act for him in defamation proceedings against the national broadcaster.

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Baker McKenzie dragged into Chinese lender’s case against PwC over failed Aussie launch
Accounting 2021-05-17 5:52 pm By Cindy Cameronne Sydney

Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in Australia, after advice documents from the law firm were uncovered in a last-minute privilege fight.

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Aurizon accused of flagrant copyright infringement by software giant Dassault
Aurizon 2021-05-17 4:44 pm By Miklos Bolza Sydney

Queensland rail operator Aurizon has been sued for breach of contract and “flagrant” copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.

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Shell wins appeal over deductions from WA gas exploration project
Alain Musikanth 2021-05-17 4:11 pm By Miklos Bolza Sydney

Fossil fuel giant Shell Australia has partially won a challenge to a tax office decision denying deductions claimed over an acquisition the increased the company’s stake in Woodside Energy’s Browse Basin gas exploration joint venture project.

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