Arnold Bloch Leibler

The law firm that's bringing a class action alleging Harvey Norman sold worthless warranties has asked the court for a 30 per cent group costs order, saying it was taking on a significant amount of risk in running the case. 

The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.

In finding Star Entertainment's former group general counsel liable for breaches of duty, the judge overseeing ASIC's case has questioned the chief lawyer's insistence that she "rarely gave legal advice" and that her roles with the company should be delineated.

Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions" of former board members named in the case were "jarring”.

ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.

Mills Oakley has been hit with a negligence lawsuit by a former client who claims the firm failed to advise of the tax consequences of demolishing a dwelling before selling a property in Melbourne's east for $5.4 million.

The High Court has been asked to undo a stay granted to gas giants Esso and Woodside in a lawsuit related to a project for extracting hydrocarbons in the Bass Strait.

A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.

The cyclist involved in a collision with former Victorian premier Daniel Andrews and his wife wanted more than half a million dollars in return for dropping threats of defamation proceedings, the couple has told the Federal Court.

Dexus has halved the number of documents it claims are shielded by legal privilege from production to fellow owners of airport operator APAC ahead of trial over an alleged breach of a shareholder deed, a court heard Monday.