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Nuix has lost its appeal of a ruling that found it must pay $20 million in legal costs before its insurers must cover its bills for defending multiple class actions and an ASIC case over its $1.8 billion float.
Construction PRO
A judge has allowed a 50 per cent fee uplift for counsel in an epic fight over lucrative tenements in the Pilbara region, but says the hourly fees of solicitors from the likes of Allens, Clayton Utz and Corrs were already well above market rate.
Construction PRO
Clifford Chance has hired the head of Mallesons' real estate group and his team of five to lead its growing real estate practice in Australia, on the heels of hiring lawyers from Pinsent Masons and HSF Kramer to kickstart its construction and environment teams.
Defence lawyers are bracing for a wave of class actions over companies’ use of generative artificial intelligence, with privacy, discrimination, consumer, product liability and shareholder claims expected.
The latest new suits feature billion-dollar infrastructure brawls, fresh employment claims against Telstra and Woolworths, and regulators flexing their enforcement muscle.
Construction PRO
Builtcom has scored a win in a fight over termination payments connected to a development in Melbourne's east, with a judge finding the entitlement to the payments was not extinguished by non-compliance with progress claim procedures.
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
Clayton Utz has promoted five senior lawyers to its partnership, including a class actions specialist, the smallest round of promotions this year among the Big Six.
Construction PRO
Asset Energy has failed in its bid for judicial review of the denial of an extension for a permit for its PEP11 gas exploration project off the Hunter coast in NSW.
Social media app Giggle for Girls has asked the High Court to reverse a finding that it committed direct discrimination on the basis of gender identity by excluding a transgender woman from its platform.