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Lawyer wins appeal over $5M settlement for shelving class action
A Canberra solicitor has won his challenge to disciplinary action over a settlement that included a $3.5 million benefit for his law firm in return for mothballing a potential overcharging class action against another firm.
Sofronoff takes challenge to integrity commission findings to appeals court
Senior barrister Walter Sofronoff is pressing on with his fight against the ACT Integrity Commission's findings that he engaged in corrupt conduct in his inquiry into Bruce Lehrmann's criminal prosecution for rape.
SMBC wins case against Humm over Forum Finance fraud
Japanese bank SMBC, which was duped by fraudster Bill Papas to enter into agreements with a Humm subsidiary for assets and receivables that didn't exist, has won the right to call in warranties on its $113.7 million investment.
Nine can’t keep details of settlement with Ben Roberts-Smith mistress under wraps
Nine has lost its bid for a 50-year suppression order over the details of a settlement reached with Ben Roberts-Smith's former mistress, with a judge finding it would be useless given the settlement has already been covered in the media.
Richard Lancaster appointed SC assisting in Bondi royal commission
Sydney silk Richard Lancaster SC has been appointed as senior counsel assisting the royal commission led by former High Court Justice Virginia Bell into antisemitism launched in the wake of the Bondi terrorist attack.
Construction PRO
Builder wants personal costs order for ‘overly aggressive’ case
A Victorian construction company is seeking indemnity costs against the company that unsuccessfully pursued a winding-up application against it, as well as a personal costs order against its director.
Fight erupts over experts in data-scraping case against CoreLogic
Real estate data company BCI and US analytics firm CoreLogic are fighting over expert evidence in a novel IP case over alleged data scraping, with CoreLogic saying a report by BCI’s accountant makes changes to its case two months out from trial.
Construction PRO
$40M suit against real estate investors spiked amid HK criminal case
Lawsuits against a Chinese real estate investor and his mother involving transactions linked to Sam Fayad's Dyldam Group have been paused pending criminal proceedings against the pair in Hong Kong.
Banksia investors slugged with costs after suit against ABL, receiver
Banksia Securities investors who agreed to drop their case alleging breaches linked to a scandal-ridden class action have been hit with costs, with a judge saying the case was “plainly” not for the benefit of all group members.
Treasurer wins $14M penalty in first case over foreign investment breach
A judge has ordered a foreign investor in rare earths miner Northern Minerals to pay pecuniary penalties after it failed to comply with divestment orders, in the first case brought over alleged breaches of foreign investment laws.