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NSW Police launch investigation into Forum Finance
The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.
Hancock Prospecting loses bid for expanded trial in Rinehart family feud
Gina Rinehart's Hancock Prospecting has failed to persuade a court to hold an expanded separate trial on the alleged wrongdoing of the mining magnate in a spat over the Hope Downs iron ore mine, with a judge finding the proposal could extend the already ten-year legal battle.
Lawsuit settled over Tradie’s ‘Aussiest undies ever’ claim
Men's briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the 'Aussiest undies ever'.
Next wave of COVID-19 litigation expected ‘sooner rather than later’
As states across Australia grapple with lockdowns and rising COVID-19 cases, lawyers practising in a range of areas, from employment to insurance, are bracing for a fresh wave of pandemic-related litigation before the year is out.
Ex-Deutsche Bank exec looks to knock out cartel charges
A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.
PwC settles Zilzie Wines lawsuit over unsolicited R&D tax advice
A settlement has been reached in a Murray Darling wine making family's lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more than $200,000 in losses.
Firms get creative to help locked-down lawyers stay connected
With the Delta variant of the coronavirus thrusting Australia’s largest cities back into a protracted lockdown, lawyers forced to return to remote work for the forseeable future are lamenting the renewed loss of colleague and client connections.
7-Eleven willing to negotiate with Seven over 7NOW trade mark, court hears
7-Eleven has told a court it is willing to negotiate a deal with Seven over the 7NOW logo, a trade mark the TV network recently lost after a successful challenge by the convenience store chain.
Caterpillar wins fight over Puma’s Procat trade mark
US machinery manufacturer Caterpillar has won its appeal of a decision approving sportswear brand Puma’s 'Procat' trade mark application, with a judge finding “a significant number” of consumers might be confused by the mark.
Fraud cross-claims struck out in Mach Energy suit over Mount Pleasant coal mine
A judge has struck out allegations of fraud in a cross-claim brought by the operator of a NSW open-cut coal mine, which accused several contractors of knowingly understating the time and cost of expansion works to the tune of $52 million.