Most Recent
The Supreme Court of Victoria has agreed to transfer a case against the former CEO of ASX-listed software company Dubber and its solicitor to the Federal Court, to be heard alongside a case against auditor BDO and civil penalty proceedings by ASIC.
Auditor BDO has asked the court to stay ASX-listed software company Dubber’s negligence suit over $26.6 million in alleged missing funds while a parallel case by ASIC over alleged false and misleading financial reports is on foot.
Agricultural giant Graincorp has resolved an application for personal costs against a solicitor, which it sought after trial in a class action over alleged noise and odour pollution from a Victorian factory was vacated and an in-principle settlement did not proceed.
A judge has stripped a group proceeding against a Melbourne law firm of class action status, finding each of the firm's 700 clients had “factually discrete” claims.
The High Court has declined special leave to a former Rigby Cooke client who unsuccessfully challenged the law firm's win in a dispute over a $24.5 million East Melbourne development.
Last week’s judgment denouncing the scandalous behaviour of the legal team running the Banksia Securities class action cast a spotlight on the conduct of lawyers for some of the defendants, asking whether “untenable” defences were maintained beyond an acceptable point in the case.
Lawyers running the scandal-ridden Banksia class action have been struck from the roll of practitioners, will face criminal investigation and must pay group members $11.7 million in damages.
It has been described as the darkest chapter in Victoria's legal history, an exemplar of all that is terrible with class actions in Australia. A case of greedy lawyers who found their golden egg in a group of retirees who had lost their life savings, never thinking the chickens might come home to roost. Until now.
A Melbourne law firm has lost its bid for indemnity costs after it failed to convince a judge that its settlement offer to a former client was anything more than a demand to capitulate in a “hard fought” legal battle over a $24.5 million East Melbourne development.
A Melbourne law firm has triumphed in a lawsuit by a former client that accused it of breaching its fiduciary duty in “hard-fought” litigation over a $24.5 million East Melbourne development.