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HWL Ebsworth defeats negligence lawsuit over Sydney land tender
Ashley Crossland 2020-12-09 1:58 pm By Miklos Bolza Sydney

HWL Ebsworth has successfully defended a negligence lawsuit over the $25.5 million sale of Crown-owned Sydney land to property developer PPK Group, with a court finding that the developer was actually “better off” because of the transaction.

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Routine email destruction ‘bombshell’ on eve of Banksia funder’s death just a ruse, court told
Andrew Palmer 2020-12-08 11:25 pm By Christine Caulfield Melbourne

The funder accused of a fraudulent scheme to pocket inflated fees from the Banksia Securities class action produced less than 200 documents to the contradictor in the case and invented a story about a routine email purging practice to explain the discovery hole, a court has heard.

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High Court to hear challenge to ruling over ‘defamatory’ Facebook comments
Appeals 2020-12-08 10:57 pm By Cat Fredenburgh Melbourne

Three media companies have been granted special leave by the High Court to challenge a finding that they could be held liable for allegedly defamatory remarks left under news articles they posted on Facebook.

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Government to introduce legislation requiring Google, Facebook to pay for news
ACCC 2020-12-08 10:10 pm By Cat Fredenburgh Melbourne

The Federal government will introduce legislation on Wednesday that will require Google and Facebook to pay news publishers to exploit their content and give them a heads up of major changes to search algorithms.

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Prosecutors want former BlueScope exec to go to jail for obstructing cartel investigation
ACCC 2020-12-08 6:03 pm By Miklos Bolza Sydney

Crown prosecutors are arguing a former BlueScope executive who has pleaded guilty to obstructing an ACCC price fixing investigation should face jail time for the “objectively serious” conduct.

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Freedom Foods, Deloitte hit with class action over accounting scandal
Accounting 2020-12-08 5:53 pm By Spencer Fowler Steen Melbourne

Freedom Foods and its auditor Deloitte have been hit with a shareholder class action after a shock announcement last week of more than $590 million in write-downs stemming from accounting irregularities.

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Disaster payments can’t limit damages in Queensland floods class action, judge says
Class Actions 2020-12-08 5:42 pm By Spencer Fowler Steen Melbourne

A judge has ruled that disaster payments cannot be taken into consideration in assessing damages in a long-running class action over the 2011 Queensland floods that destroyed 2,000 homes and claimed 12 lives.

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Funder backs lawsuit against Coca-Cola over drink bottle patent
Food and Beverage 2020-12-08 4:58 pm By Cat Fredenburgh Melbourne

Litigation funder Omni Bridgeway has thrown its weight behind a David-versus-Goliath legal challenge by an inventor who accuses Coca-Cola of infringing a patent for a drink container and lid used in popular brands such as Mount Franklin water and Powerade sports drink.

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Ex-Norton Rose Fulbright partner says $160,000 damages ‘manifestly inadequate’
Appeals 2020-12-08 4:50 pm By Christine Caulfield Melbourne

A sacked Norton Rose Fulbright partner is challenging a $160,000 award handed down by a judge who found the law firm intentionally deceived him in litigation over his dismissal, arguing the sum is “manifestly inadequate”.

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Banks plead not guilty as ANZ cartel case heads to trial in Federal Court
ACCC 2020-12-08 3:50 pm By Miklos Bolza Sydney

Three banks have been committed to stand trial after pleading not guilty to criminal charges stemming from an alleged cartel agreement reached in a $2.5 billion ANZ share placement, with the closely watched case now moving to the Federal Court two-and-a-half years after it was filed.

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