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Class action over ‘cookie cutter’ legal advice faces declassing bid
Legal Ethics 2024-09-06 11:08 pm By Cindy Cameronne

The peak body for community legal centres has flagged a declassing application in a group proceeding alleging Knowmore Legal Service provided negligent, “cookie cutter” advice to survivors of institutional child sexual abuse. 

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Deloitte appointed administrators of Keystone despite ‘baggage’
Financial Services 2024-09-05 11:24 pm By Cindy Cameronne

A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.

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ANZ resists ‘roving commission’ into culture in sacked trader’s lawsuit
Employment 2024-09-05 2:17 pm By Cindy Cameronne

ANZ has argued a sacked trader’s bid for discovery has turned into a “roving commission” of the bank’s culture in a lawsuit alleging the trader was terminated for complaining about the bank’s manipulation of the bank bill swap rate. 

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Claims in $40M class action against Whitehaven Coal ‘fanciful’, court told
Class Actions 2024-09-04 11:44 pm By Cindy Cameronne

Whitehaven Coal has struck back at a class action led by the father of famed mining investor Nathan Tinkler, calling the claims that it failed to fulfil an implied term of a $150 million share subscription from 2012 “fanciful”.

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Accenture can’t put HR exec’s employment case back in bottle
Employment 2024-09-04 11:26 pm By Cindy Cameronne

Consulting giant Accenture has failed to keep a human resources executive’s claims of Fair Work breaches out of the public eye, with a court finding prior publication of the allegations would render a suppression order pointless.

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Whitehaven Coal shareholders ‘trapped’ after 2012 acquisition, class action trial told
Trials 2024-09-03 11:45 pm By Cindy Cameronne

Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are “trapped” after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.

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Spain loses appeal over security after refusing to pay $200M judgment
Scott Robertson 2024-09-02 2:01 pm By Cindy Cameronne

The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors. 

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Corrs Chambers Westgarth poaches regulatory ace from Allens
Business of Law 2024-09-02 11:14 pm By Cindy Cameronne

A managing associate at Allens who specialises in regulatory investigations and financial crime is joining the Corrs Chambers Westgarth partnership as a member of its investigations and inquiries practice group.

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APIC scores early win in fight over Yarra Valley Lodge managed investment scheme
Real Estate 2024-09-02 3:16 pm By Cindy Cameronne

The Australian Pacific Investment Corporation has scored a win a dispute with Vasco Trustees over a managed investment scheme at the Yarra Valley Lodge hotel, with a judge finding that ‘evergreen’ licensing agreements are invalid. 

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Aristocrat gets another shot at Lightning Link patent after novel split High Court decision
Intellectual Property 2024-08-30 11:07 pm By Cindy Cameronne

A judge has allowed Aristocrat to appeal a judge’s rejection of its application to patent its Lightning Link poker machine, citing novel questions raised by an equally split High Court decision about the patentability of its invention.

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