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AIG loses appeal over insolvency exclusion in Kaboko Mining D&O policy
AIG Australia has failed to convince the Full Federal Court that an insolvency exclusion in a directors and officers policy held by Kaboko Mining should exempt it from covering claims brought by the collapsed mining company against four former executives after a failure to repay a US$5.95 million loan allegedly led to the company's insolvency.
Piper Alderman partner rejected offer to leave on a ‘dignified basis’, court told
A senior Piper Alderman partner who has launched a sex discrimination case against the law firm rejected “reasonable settlement offers” that would have allowed her to leave the partnership on a “dignified basis”, counsel for the firm has told a court.
ASIC wins case against Vocation, former execs after 15-month wait for judgment
In a win for the corporate watchdog, a court has found collapsed education provider Vocation engaged in misleading and deceptive conduct and breached its continuous disclosure obligations by failing to inform shareholders of problems with a large government contract.
Judge blasts insurers in Forge investor class action for ‘waste of everybody’s resources’
A judge has granted discovery of up to 32,000 documents just months out from the Forge investor class action trial, as she blasted the insurance company respondents for wasting resources after they failed to comply with the court’s previous orders.
Insufficient evidence Piper Alderman discriminated against female partner, judge says
A judge has found a senior female partner at Piper Alderman has not provided sufficient evidence that the firm moved to oust her from its ranks because she is a woman, in a ruling dismissing her bid for an order halting the firm from moving forward with a meeting on the proposed expulsion.
Piper Alderman free to oust senior female partner amid sex discrimination case
The job of a senior Piper Alderman partner is in jeopardy after a court refused to extend an injunction preventing her from being ousted from the partnership while she battles a sex discrimination case against the firm.
Ex-partner files sex discrimination lawsuit after leaving national firm
A former employment law partner at a national Australian law firm is suing her former employer for sex discrimination, after her original complaint was thrown out by the Human Rights Commission.
Judge refuses to toss proportionate liability defence in Sydney light rail class action
The NSW Government has successfully added a proportionate liability claim against two contractors to its defence in the Sydney light rail nuisance class action, over the objections of the lead plaintiff in the case.
Forge class action judge stands firm despite being warned of ‘real risk’ to trial date
A judge has refused to contemplate delays to the long-running investor class action against defunct engineering and construction company Forge Group, as lawyers for some of the respondents warn of a “real risk” that the current trial date might need to be vacated.
Apache loses bid for separate trial in $83M tax credit spat with Santos
A judge has rejected a bid by a group of Apache Corporation companies to break up a looming trial in a long-running dispute with WA-based oil and gas company Santos, saying holding a hearing on separate issues would not be the time saver Apache claims.