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Dixon Advisory files for administration, blaming class actions
ASIC 2022-01-19 10:40 am By Cat Fredenburgh Melbourne

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

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Christian Porter, Sue Chrysanthou hit with $430,200 bill in Jo Dyer lawsuit
ABC 2022-01-19 5:43 pm By Cindy Cameronne Sydney

Christian Porter and silk Sue Chrysanthou have been ordered to pay $430,200 in legal costs to Jo Dyer, a friend of the woman who accused Porter of rape, after she succeeded in having the barrister removed from the former attorney-general’s defamation lawsuit against the ABC.

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WA Premier can’t shield text messages with AG about Mineralogy bill
Carmel Galati 2022-01-19 4:53 pm By Cindy Cameronne Sydney

Clive Palmer has won his bid to view text messages between Western Australian premier Mark McGowan and the state attorney-general discussing a bill to ban the billionaire mining magnate from suing the state for $30 billion.

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INPEX, JKC settle spat over $45B Ichthys LNG project
Allen & Overy 2022-01-19 11:12 am By Bianca Hrovat Sydney

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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Court asked to find Retail Food Group class action exempt from MIS rules
Class Actions 2022-01-18 3:13 pm By Christine Caulfield Melbourne

A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.

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Switzer sues ex-adviser, Walker Wayland over ‘defamatory’ email to client
Defamation 2022-01-18 3:58 pm By Cindy Cameronne Sydney

Switzer Financial Group has sued a former senior adviser, claiming he sent a defamatory email to a client accusing the firm — run by financial commentator Peter Switzer — of lacking concern about a conflict of interest.

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Fraud dooms settlement in art collector’s defamation suit over Telegraph story
Dauid Sibtain 2022-01-18 12:53 pm By Cindy Cameronne Sydney

A judge has rejected an art collector’s bid to enforce a settlement in litigation against the publisher of the Sunday Telegraph over an allegedly defamatory story concerning his purchase of a painting by Australian artist Del Kathryn Barton, finding he had lied about the story being false.

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Banksia funder to be wound up, liquidators to probe potential claims against directors
Andrew Palmer 2022-01-18 1:23 pm By Christine Caulfield Melbourne

The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder’s two surviving directors will be among potential targets of attempts to recover money to pay a $21.7 million court judgment.

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Herbert Smith Freehills nabs work safety pro from Clyde & Co
Business of Law 2022-01-18 6:52 pm By Cindy Cameronne Sydney

Herbert Smith Freehills has picked up a leading work health and safety lawyer from Clyde & Co to join the Big Six law firm in Sydney as special counsel.

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ExxonMobil takes $182M dispute with ATO to court
Allens 2022-01-17 5:58 pm By Cindy Cameronne Sydney

Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.

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