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Contractors may be dragged into Sydney light rail class action
Adam Hochroth 2018-12-07 10:09 pm By Miklos Bolza

The NSW Government is mulling cross-claims against construction firms ALTRAC and Acciona in a class action alleging the government failed to minimise disruptions from the Sydney light rail project.

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Queensland flood class can add evidence after ‘trial by ambush’
Class Actions 2018-12-04 1:37 pm By Cat Fredenburgh

A judge overseeing the marathon hearing in the class action over the 2011 Queensland floods has allowed the lead applicant to submit further evidence after it claimed defendant Seqwater engaged in “trial by ambush”.

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Ex-RFG head hits Fairfax with defamation lawsuit
Defamation 2018-11-30 9:37 pm By Cat Fredenburgh

Fairfax is facing a defamation lawsuit from the former head of franchise giant Retail Food Group, who alleges a series of articles in the Sydney Morning Herald implied he engaged in dishonest business practices, including stealing property from former INXS frontman Michael Hutchence and associating with the mafia.

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Black Saturday payout report shows class actions working, expert says
Analysis 2018-11-29 11:43 pm By Christine Caulfield

A lingering dispute with the tax office remains, but the distribution of the record $795 million Black Saturday class actions settlement is substantially complete, according to a report out this week, and the proceedings, by the measure of at least one expert, show why the class action system in Australia is working.

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RBA cos. fined $21M after pleading guilty in foreign bribery scandal
Financial Services 2018-11-28 9:55 pm By Christine Caulfield

The Reserve Bank of Australia’s two banknote subsidiaries pleaded guilty to foreign bribery charges in 2011 and paid fines of more than $21 million, it was revealed Wednesday after a seven-year suppression order was lifted.

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Quinn’s fees, funder’s cut slashed in Bank of Queensland class action settlement
Baker McKenzie 2018-11-26 10:47 pm By Cat Fredenburgh

A judge has taken a hatchet to Quinn Emanuel’s fees and the funder’s cut in a $12 million settlement of a class action against Bank of Queensland, a settlement which he previously described as one of the “worst” he’d ever seen.

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Ex-Aussie Home Loans CEO wins halt to $1M judgment for private equity firm
Clayton Utz 2018-11-23 11:30 pm By Cat Fredenburgh

Former Aussie Home Loan boss Stephen Porges has secured a temporary stay of a ruling that found he owed Adcock Private Equity more than $1 million for duping the firm into buying his worthless shares in a digital commerce startup.

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Ben Roberts-Smith accuser fears for safety in defamation trial
Bruce McClintock 2018-11-22 4:35 pm By Miklos Bolza

A key prospective witness in the Ben Roberts-Smith defamation case who has accused the war hero of domestic violence has described “genuine fears” for her mental and physical health if her identity were made public.

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Bannister Law off another class action
Bannister Law 2018-11-21 9:03 pm By Cat Fredenburgh

Bannister Law has stepped down from leading a shareholder class action, the second major class action the firm has recently handed over to a rival firm without explanation.

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Dick Smith shareholder must join class action to pursue claims, judge says
Allens 2018-11-20 11:17 pm By Cat Fredenburgh

A Dick Smith shareholder has lost his bid to bring a separate proceeding against the failed home goods retailer while two class actions are afoot.

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