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Banksia judge orders Alex Elliott to reveal financial interests in father’s companies
Angel Aleksov 2020-09-15 7:01 pm By Alison Eveleigh Sydney

Alex Elliott, the son of former Banksia Securities class action lawyer Mark Elliott, must hand over documents revealing his financial interests in his father’s litigation funding company and law firm, after the judge overseeing professional misconduct claims against lawyers in the class action rejected his claims that the discovery was a fishing expedition.

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Nthalmic directors accused of misusing confidential information in lens patent applications
Bird & Bird 2020-09-15 6:10 pm By Miklos Bolza Sydney

Sydney-based research foundation Brien Holden Vision Institute has filed a lawsuit alleging three senior researchers misused confidential information when they jumped ship to a rival research group and filed applications to patent seven inventions for opthalmic lenses designed to treat myopia allegedly based on that information.

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GetSwift agrees to notify class of asset transfer outside of Australia
ASIC 2020-09-15 4:11 pm By Miklos Bolza Sydney

GetSwift has promised the Federal Court that it will inform the lead applicant in a shareholder class action if any of its assets are to be transferred outside of Australia, after the applicant raised concerns about the logistics company’s proposed relocation to Canada.

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Ernst & Young faces $12M damages claim over collapse of soda ash maker Penrice
ASIC 2020-09-15 11:58 am By Cat Fredenburgh Melbourne

Ernst & Young is facing a claim for $12 million damages in a lawsuit over its auditing of collapsed soda ash maker Penrice.

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Grocon must pay security to pursue $270M lawsuit over Barangaroo development
Competition & Consumer Protection 2020-09-14 10:37 pm By Christine Caulfield Sydney

Australian construction company Grocon has been ordered to pay $1 million in security for costs to continue its pursuit of a $270 million lawsuit against Infrastructure NSW over the development of Central Barangaroo, despite claiming it’s financials have taken a hit from the pandemic.

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FWC ‘misconstrued’ general protections authority, Full Court says in win for Coles
Andrew Crowe 2020-09-14 6:00 pm By Christine Caulfield Sydney

A landmark judgment by the Full Federal Court has found that a full bench of the Fair Work Commission “misconstrued” its own authority to make general protections findings about the dismissal of employees.

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iSignthis’ John Karantzis hits Fairfax with defamation lawsuit over AFR article
ASIC 2020-09-14 5:45 pm By Alison Eveleigh Melbourne

John Karantzis, the CEO of fintech company iSignthis, has launched defamation proceedings against Fairfax, targeting an Australian Financial Review article over the 900 per cent share price jump in Etherstack, a wireless radio tech company in which Karantzis owns shares.

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Fight brewing over whether group members can face cross-claims in Tandem class action
Class Actions 2020-09-14 4:07 pm By Miklos Bolza Sydney

A subsidiary of workforce management company Tandem, which contracts with Telstra and Optus, has foreshadowed future cross-claims against group members who claim they were misclassified as contractors and denied employment benefits.

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Facebook can’t escape privacy action with jurisdiction argument
Australian Government Solicitor 2020-09-14 2:33 pm By Christine Caulfield Melbourne

Facebook’s argument that it can’t be sued by the privacy commissioner in Australia has fallen flat, with a judge rejecting the social media giant’s application to dismiss enforcement action brought in March over the disclosure of users’ personal data.

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Sacked Weekend Sunrise host Simon Reeve sues Seven Network
Contracts 2020-09-14 11:25 am By Miklos Bolza Sydney

Game show host and news presenter Simon Reeve is suing the Seven Network for breach of contract, seeking compensation and pecuniary penalties after his sudden dismissal in June during the height of the COVID-19 pandemic.

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