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Senator blasts ASIC for failing to investigate ‘catastrophic’ Nuix float
ASIC 2021-06-17 10:41 pm By Cat Fredenburgh

Labor Senator Deborah O’Neill has taken a swing at ASIC commissioner and former Macquarie general counsel Cathie Armour for failing to act on concerns raised prior to the $2.9 billion IPO of embattled technology company Nuix, which led to a $580 million payday for shareholder Macquarie.

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ACCC seeks $1.2M penalty against Sumo Power for pricing bait and switch
ACCC 2021-06-17 3:00 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission is seeking a $1.2 million penalty against Victorian electric utility Sumo Power for luring customers with the promise of discounts and low rates only to jack up their prices months later.

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Silk Sue Chrysanthou could face disciplinary proceedings over Christian Porter brief
Defamation 2021-06-17 2:32 pm By Cat Fredenburgh

Leading defamation silk Sue Chrysanthou is facing possible disciplinary action arising from her representation of Liberal minister Christian Porter in a now-settled defamation case against the ABC.

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Judge muzzles Romeo’s senior managers after second communication in class actions
Adero Law 2021-06-17 2:14 pm By Christine Caulfield

A judge has ordered employees of supermarket chain Romeo’s to receive a further corrective opt-out notice in class actions against the company following claims that a senior manager again initiated discussions with group members about the case.

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EML Payments faces second class action probe over money laundering controls
Class Actions 2021-06-16 11:40 pm By Christine Caulfield

Payments processing company EML is looking at two potential shareholder class actions over its alleged failure to notify the market of concerns by Ireland’s central bank relating to compliance with anti-money laundering regulations.

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Victoria drops out of combustible cladding class actions
Amelia Smith 2021-06-16 11:00 pm By Cat Fredenburgh

The state of Victoria has opted out of two class actions over allegedly combustible cladding, after agreeing to join as a group member last year.

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How Arnold Bloch Leibler’s Elyse Hilton survived the Hayne commission and made partner
Arnold Bloch Leibler 2021-06-16 9:55 pm By Cindy Cameronne

Unlike many successful litigation partners, Arnold Bloch Leibler partner Elyse Hilton wanted to be “anything but a lawyer” when she was in high school.

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Peter Dutton’s defamation suit over ‘rape apologist’ tweet ripe for settlement, judge says
Baker McKenzie 2021-06-16 9:28 pm By Miklos Bolza

Federal politician Peter Dutton has been ordered into mediation in his defamation case against a refugee activist over a tweet calling the defence minister a “rape apologist”, with a judge saying the case could be settled without a trial.

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Ben Roberts-Smith feared media would ‘intercept’ phone calls, court told
Anna Mitchelmore 2021-06-16 5:54 pm By Miklos Bolza

Ben Roberts-Smith used burner phones to call SAS colleagues after growing fearful that members of the media were listening into his phone calls after a series of articles were published in 2018 that accused him of war crimes and domestic violence, a court has heard.

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Super funds want price info protected in Westpac insider trading case
Allens 2021-06-16 2:24 pm By Christine Caulfield

Industry super funds AustralianSuper and IFM Investors – the consortium behind the interest rate swap at the centre of the corporate watchdog’s insider trading case against Westpac — have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.

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