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Sparke Helmore had paralegal ‘at the helm’ of botched land sale, court told
Law firm Sparke Helmore negligently failed to alert a NSW developer to an imminent deadline for two land sale contracts in a troubled $30 million development because a paralegal, rather than a solicitor, was “at the helm”, an appeals court has heard.
Former Maddocks’ client cops grilling in appeal of landmark damages
An appeals court has questioned the financial forecasting that underpinned a $13 million award of damages to a former client of Maddocks in a suit over negligent legal advice that allegedly led to a botched sale and administration.
Investment firm WAM Active sued by largest shareholder Keybridge
Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution appointing Keybridge's Nicholas Bolton to its board was passed and effective.
Ex-Sydney Symphony CEO denies sending ‘hit job’ media release
Former Sydney Symphony CEO Emma Dunch has struck back at the orchestra's argument that she can't claim she was terminated for investigating claims of sexual harassment after telling the media she was the victim of a politically motivated "hit job" for seeking funding from the NSW government.
Maddocks fights $13M judgment, says negligence was ‘marginal’
Appealing a $13 million damages judgment for negligent advice to a former client that allegedly led to a botched sale and administration, law firm Maddocks told a court Monday the business had “miniscule” chances of surviving even if the sale had been successful.
High Court won’t hear argument for $100M judgment against Adani over Abbot Point fees
The High Court has declined to review an appeals court decision that overturned a $106 million judgment against a unit of Indian conglomerate Adani Group over access charges for its Abbot Point coal terminal.
Squirrel Super must pay $55,000 for brochure that inflated real estate returns
Despite previously remarking that the penalty was "a bit light on", a judge has ordered Squirrel Superannuation to pay $55,000 for false and misleading marketing linked to property investment for investors with self-managed superannuation funds.
‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.
7-Eleven class action funder wins first-ever interim payment from settlement
A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.
Salter Bros scores win in suit against former Hendry Group CEO
Salter Brothers has won its lawsuit against former Hendry Group CEO Emma Hendry alleging the firm was misled into investing millions of dollars into the investment firm in 2019.