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Boral denies loss claims in shareholder class action
Boral has denied that shareholders bringing two class actions against it over financial irregularities in its North America windows business suffered any loss, saying that its systems helped spot and prevent the financial manipulation from continuing.
Concrete company knew of prior Opal Tower failure, class action cross-claim alleges
Prefab concrete company Evolution Precast Systems failed to install reinforced concrete in Sydney's ill-fated Opal Tower and knew about a prior failure with one of the building's panels, engineer WSP Structures alleges in a cross-claim lobbed in a class action on behalf of residents of the tower.
Judge rejects first ever bid for contingency fees in class action
Saying the interests of class action members "must be given primacy", a judge has rejected the first bid for a group costs order in a class action since contingency fee legislation passed in Victoria.
Christian Porter says mystery benefactor contributed funds to defamation case
The federal Labor party has called on Christian Porter to reveal what he knows about an anonymous donor that covered a portion of his costs in pursuing defamation proceedings against the ABC over an article airing historical rape allegations.
PwC a ‘different beast’ to law firms when it comes to privilege, court hears
Assessing claims of privilege involving multidisciplinary firms like PricewaterhouseCoopers that offer legal and accounting services is "inherently awkward", a court heard on the final day of a hearing in a privilege battle between the accounting firm and the ATO.
‘Curious choice’ to sue PwC and not Baker McKenzie, judge says
Chinese lender Aoyin must pay PricewaterhouseCoopers' legal costs for a vacated trial after Aoyin's eleventh hour decision to join Baker McKenzie to a $10 million cross-claim in a dispute concerning the accounting firm's advice on its failed bid to launch the first Chinese incorporated bank in Australia.
ACCC to probe Apple Pay restrictions on banks
The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make 'tap and go' payments through Apple Pay.
ACCC says Qantas, Japan Airlines alliance could cause prices to soar
A proposed alliance between Qantas and Japan Airlines has failed to take flight after the Australian Competition and Consumer Commission said the coordination of flights between Australia, New Zealand and Japan could cause ticket prices to soar.
Halifax investors file Full Court appeal to boost recovery
Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased the amounts they could recoup from the company's liquidation.
PwC partner kept on JBS brief to maintain privilege despite CFO’s unhappiness
A PwC partner who the ATO claims was assigned to work on a matter for meat processing company JBS to bring a “cloak of legal privilege” kept a supporting role on the brief despite the company CFO’s dissatisfaction, a court has heard.