Most Recent
Law firm sues Lloyd’s syndicate over coverage for $3.7M settlement
One of Australia's largest law firms has taken its insurer to court for failing to cover part of a $3.7 million settlement of a claim stemming from the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis.
Deloitte report on Mercedes-Benz fixed-price model was ‘spin’, court hears
Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker's decision to move to a fixed-price agency model allege the car maker engaged Deloitte as a consultant so it could "spin" its real reasons for making the change.
Arrium shareholders in class action can’t access full KPMG audit file
Shareholders in a class action against failed steel giant Arrium and KPMG have lost their bid for KPMG's complete audit file for Arrium to probe the Big Four accounting firm's handling of the steel producer's financial statements before its collapse in April 2016.
Forum director Tesoriero questions sale of Papas’ Sydney residence
Forum Finance director Vince Tesoriero has raised concerns about the validity of the sale of a $4 million home in Sydney inner-West suburb Rozelle where company founder Bill Papas and his girlfriend lived, but a judge has indicated any attempt to block the sale would be "hopeless".
Nine can argue MP Andrew Laming a ‘creep’ in defamation defence
A judge has allowed Nine Network to claim that MP Andrew Laming is a 'creep' in its contextual truth defence to the Queensland politician's defamation lawsuit over a news segment that accused him of taking a lewd photograph.
Senate committee backs cap on litigation funders’ returns
A Senate committee has endorsed a proposed law that would put a cap on the commission litigation funders can earn for backing class actions, but said the legislation should be amended to ensure courts are not kneecapped in exercising their power to determine what is fair in each case.
Gilbert + Tobin nabs climate change ace from Baker McKenzie
A leading climate change lawyer at Baker McKenzie has made the jump to Gilbert + Tobin, less than a year after the US firm's renewable energy practice lost its global co-head and two partners to another Big Six firm.
IOOF unit fined $6M for financial adviser’s bad advice
A judge has hit IOOF unit RI Advice with a $6 million penalty for failing to rein in an adviser who reaped hefty commissions for steering clients towards risky investments, despite earlier expressing concerns the penalty may not have enough sting.
Reckitt-Benckiser asks High Court to overturn decision on Maxigesic ads
Consumer goods giant Reckitt-Benckiser is seeking special leave from the High Court to challenge a Full Court judgment that overturned a finding that AFT Pharmaceuticals ads' for its painkiller Maxigesic were misleading.
AMP unit settles retired planner’s suit over $1M buyout deal
A subsidiary of AMP has settled a retired financial planner's lawsuit accusing the company of using “unfair tactics” to avoid coughing up close to a million dollars owed under a buyout option exercised in November 2019.