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‘A remarkable fraud’: Deloitte takes director to court for alleged embezzlement
Deloitte has secured a freezing order on the assets and bank accounts of a director accused of stealing funds from the consulting giant, in what a judge has described as an alleged "remarkable fraud".
‘Most expensive silk in Australia’: ASIC to argue ex-Tennis Australia boss must pay for ‘luxuries’
Almost half of the $3 million in legal costs incurred by former Tennis Australia president Steven Healy in successfully defending against the regulator's case over the broadcast rights to the Open were for "luxuries of litigation" that he should pay for himself, ASIC has told a court.
Settlement reached in class action against trustee of collapsed IPO Wealth
The trustee of Mayfair Group's collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.
Nurofen maker Reckitt-Benckiser loses High Court appeal bid in Maxigesic feud
The High Court has rejected a special leave application by consumer goods giant Reckitt-Benckiser in its long-running battle with the maker of painkiller Maxigesic.
Novartis can’t appeal loss of experts in MS drug patent feud with Pharmacor
The Full Federal Court won't give Swiss pharmaceuticals giant Novartis the chance to appeal a ruling that threw out three of its four experts in a patent case against generic drug maker Pharmacor.
Court to probe if 7-Eleven class action funder, law firm had deferred fee arrangement
A marathon hearing of an application for court approval of a $98 million settlement in two 7-Eleven class actions has ended with a judge taking the rare step of signing off on the settlement amount while withholding approval of the legal costs and funding commission.
Morrison cleared to call election after failure of challenge to Liberal pre-selections
A court has dismissed a challenge by a Liberal Party member to a decision by prime minister Scott Morrison and two other members of the federal executive to endorse incumbents to contest seats in NSW at the upcoming election, a ruling that paves the way for the PM to name the date.
Colonial First State settles MySuper class action for $56M on eve of trial
Colonial First State will pay $56.3 million to settle a class action that accused the wealth management group of delaying the transfer of $3.2 billion in customer funds to low cost MySuper accounts.
Atanaskovic Hartnell founder abused, belittled ex-general manager, court finds
Sydney law firm Atanaskovic Hartnell has been ordered to pay more than $160,000 to a former general manager who was found by a court to have been the victim of a "campaign of denigration" by one of the firm's founders.
Ex-Herbert Smith Freehills lawyer disqualified from feud with former Tennis Australia boss, ASIC says
A Federal Court registrar overseeing a costs dispute between ASIC and former Tennis Australia president Steven Healy worked in the practice group where the costs were accrued and should recuse herself, the regulator has said.