Two law firms that filed competing class actions against regenerative medicine company Mesoblast for allegedly misleading shareholders about its Remestemcel-L treatment for COVID-19 complications have agreed to join forces and sidestep a beauty parade.
South Korean car makers Hyundai and Kia are facing a class action investigation in Australia over cars containing potentially defective petrol engines, after agreeing to a settlement worth more than $1 billion in related US litigation last year.
Law firms Shine Lawyers and Phi Finney McDonald have won a contest to jointly run a class action against embattled tech company Nuix, with rival Banton Group losing out on its “opaque” funding agreement.
Failed asset manager Blue Sky Alternative Investments has been served with a class action over the company’s alleged overstated financial reports between 2016 and 2018 that also targets nine former directors as well as auditors Ernst & Young.
Fox News CEO Lachlan Murdoch has brought defamation proceedings against Crikey over an article allegedly linking him to the US Capitol riot, a day after the independent news publisher challenged the media mogul scion to sue.
The Albanese government will launch an inquiry into former prime minister Scott Morrison’s secret ministerial appointments after releasing a report by the Solicitor General, which found the appointments legally valid but “inconsistent” with the practices of responsible government.
The death last year of a protagonist in the drama has not ended the legal spat between the children of one of Australia’s richest families over a deed of settlement intended to resolve a family feud over assets.
Hall & Wilcox has expanded its construction practice with the recruitment of partner Stefan Fenk from law firm Vincent Young.
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has argued that multiple law firms failed to advise him of the privilege against self-exposure to penalty in proceedings brought by the corporate regulator, which saw him banned from soliciting funds or promoting any financial product for 20 years.
The High Court has agreed to weigh in on whether government restrictions on social gatherings during the COVID-19 pandemic frustrated a $11.25 million contract for sale of a hotel in the Sydney suburb of Pyrmont.