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‘This is ridiculous’: Judge pans Google’s bid for confidentiality in John Barilaro’s case
Ashurst 2021-11-26 2:24 pm By Christine Caulfield Melbourne

A bid by Google for a confidentiality undertaking by former NSW Deputy Premier John Barilaro over evidence produced in the politician’s defamation case has earned a sharp rebuke by a judge.

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Macquarie Group targeted in second class action over $1.8B Nuix IPO
Banton Group 2021-11-25 1:11 pm By Cat Fredenburgh Melbourne

The battle to lead a shareholder class action against Nuix over its $1.8 billion initial public offering is on, with a second class action lobbed that accuses the embattled technology company and underwriter Macquarie of failing to alert shareholders to a slew of “red flags” in the business.

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Class action accuses QSuper of overcharging 140,000 members
Class Actions 2021-11-25 2:32 pm By Bianca Hrovat Sydney

Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers.

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Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
Construction 2021-11-25 2:20 pm By Miklos Bolza Sydney

Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.

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Beach Energy hit with shareholder class action over Western Flank projections
Class Actions 2021-11-25 8:58 pm By Miklos Bolza Sydney

South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.

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‘Not a shred of evidence’: Judge questions appeal in HWL Ebsworth negligence suit
Acting Justice Carolyn Simpson 2021-11-25 9:31 pm By Cindy Cameronne Sydney

A judge has questioned property developer PPK Group’s challenge to the dismissal of its long-running negligence case against HWL Ebsworth over the $25.5 million sale of Crown-owned land in Sydney.

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Melissa Caddick’s parents may face court battle over $2.6M Edgecliff property
ASIC 2021-11-25 4:38 pm By Miklos Bolza Sydney

The parents of accused Sydney fraudster Melissa Caddick may need to bring court proceedings to retain their $2.6 million Edgecliff home and recoup $1.2 million they gave to their daughter for the mortgage.

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ASIC gets time to mull class action’s bid to ring-fence $7.2M Dixon Advisory penalty
ASIC 2021-11-25 1:59 pm By Cat Fredenburgh Melbourne

A court has delayed a hearing on a bid by the applicant in a class action against Dixon Advisory to freeze a $7.2 million penalty secured by the Australian Securities and Investments Commission against the self-managed superfund provider so the corporate regulator can consider its position on the request.

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Lawyers, funder want 35% cut of $125M Crown class action settlement
Class Actions 2021-11-24 1:26 pm By Miklos Bolza Sydney

The lawyers and funder behind a shareholder class action against Crown Resorts will be asking the court to approve fees and commission worth 35 per cent of a $125 million settlement with the gaming giant, leaving over $81 million for group members.

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a2 Milk faces second shareholder class action
Agriculture 2021-11-24 3:55 pm By Bianca Hrovat Sydney

Dairy giant a2 Milk has been hit with a second class action alleging it misled shareholders by providing an overly rosy forecast for its infant formula sales.

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