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‘One hearing and two interlocutory judgments have achieved precisely nothing’: Judge scolds parties in Parklea Market dispute
Bartier Perry 2020-03-23 6:23 pm By Miklos Bolza Sydney

A judge has criticised the parties in a land sale dispute over Sydney’s Parklea Markets for failing to make progress to bring the case to a close, almost three months after a $4.25 million judgment was awarded to a company owned by local retail personality Con Constantine.

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Coronavirus claims first retail victim as Tigerlily files for administration
Restructuring & Insolvency 2020-03-23 5:07 pm By Cat Fredenburgh Melbourne

Australian swimwear retailer Tigerlily has filed for voluntary administration, citing unfavourable conditions for retailers as the coronavirus pandemic shutters all but non-essential services in major states.

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ASIC to shift regulatory priorities amid pandemic
APRA 2020-03-23 1:19 pm By Cat Fredenburgh Melbourne

The Australian Securities and Investments Commission will continue its enforcement activities amid the spread of the coronavirus but will prioritise cracking down on behaviour that threatens “immediate consumer harm”.

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DLA Piper admits to breaching disclosure obligations in $466,000 costs dispute
Appeals 2020-03-23 12:49 pm By Miklos Bolza Sydney

A dispute over approximately $466,000 in unpaid legal costs has been sent to the Victorian Supreme Court after DLA Piper admitted it breached its disclosure obligations to a client in a patent case over a laser safety system.

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Insolvency, bankruptcy laws relaxed as government tries to keep businesses afloat
Coronavirus 2020-03-22 9:11 pm By Christine Caulfield Melbourne

Companies under financial strain from measures to stop the spread of the coronavirus will get a reprieve from insolvency and bankruptcy laws as the Federal Government looks to stem a possible tide of company collapses.

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Coronavirus shuts down ACCC cross-examinations in landmark ANZ cartel case
ACCC 2020-03-20 10:10 pm By Christine Caulfield Melbourne

For the lawyers conducting the committal hearings in the criminal cartel case over ANZ’s $2.5 billion equity raising, the Sydney Downing Centre courtroom was already too close for comfort.

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Former Russells solicitor resolves case against firm
Business of Law 2020-03-20 9:45 pm By Cat Fredenburgh Melbourne

A former Russells restructuring and insolvency lawyer has resolved a lawsuit alleging the firm tried to manufacture a reason to terminate his unemployment.

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Litigating in the age of coronavirus: The Dick Smith trial goes virtual
Class Actions 2020-03-20 7:15 pm By Cat Fredenburgh Melbourne

Six law firms are working on a consolidated trial of multiple class actions over the collapse of retailer Dick Smith, but when the trial opened in the NSW Supreme Court this week, a lone barrister appeared in court before Justice Michael Ball, amid a sea of empty bar tables. Most of the hearing’s participants joined through a virtual courtroom while members of the public were invited to watch the trial unfold on a YouTube live stream. Welcome to litigating in the age of the coronavirus.

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‘Free the flag’: Copyright dispute over Aboriginal flag looms
Article 2020-03-19 11:42 pm By Cat Fredenburgh Melbourne

A company that holds the copyright for the Aboriginal flag may file a lawsuit against a website that sells flags featuring the design with the words ‘Free the flag’ in the middle.

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Appeals court rejects Fairfax challenge to defamation ruling for Chau Chak Wing
Appeals 2020-03-19 10:35 pm By Christine Caulfield Melbourne

Fairfax Media has failed in its appeal of a judgment that found the publisher defamed Chinese-Australian businessman Dr Chau Chak Wing in a Sydney Morning Herald article that linked him to an international bribery scandal.

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