A shareholder class action against Ernst & Young over its alleged inflation of assets owned by sandalwood producer Quintis has argued the accounting firm should be allowed only one expert witness, who should collaborate with a competing expert chosen by the investors.
The liquidator of Fogo Brazilia has lost a bid for a gross sum costs order against the restaurant chain, after a judge found that legal representatives Piper Alderman did not appear to appropriately delegate, with hours of grunt work performed by a partner at the firm.
The Australian Competition and Consumer Commission will not oppose Google’s $7.6 billion bid for cybersecurity firm Mandiant, the second-largest acquisition in the company’s history.
Two former executives at Fuji Xerox’s Australian unit have settled a lawsuit over their roles in a $450 million accounting scandal that has also ensnared auditor Ernst & Young.
The Fair Work Ombudsman has taken the University of Melbourne to court, alleging it took adverse action against two casual academics to prevent them from claiming payment for work performed outside of their contracted hours.
US animal health giant Zoetis has offered to shed assets to win competition clearance for its proposed takeover of NSW-based pet drug maker Jurox.
A judge has rejected a $225,000 personal costs order sought against a Sydney-based law firm by a homeowner in a beef with a builder, over what the homeowner claimed was a “woefully prepared” case in the NSW District Court.
Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model are seeking to access legal advice given to the car manufacturer on non-renewal notices at the heart of the case.
An appeals court has rejected a bid to challenge a decision forcing an unnamed litigation funder to give $415,000 in security for the NSW government’s defence costs in a class action alleging the fraudulent acquisition of land for the construction of the $16 billion WestConnex tunnel.
The High Court has dismissed a constitutional challenge by an animal welfare group to legislation banning publication of secret recordings, ruling that the law’s protection of privacy did not violate the activists’ freedom of speech.