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Trial in a shareholder class action against water treatment firm Phoslock and auditor KPMG could be held as late as February 2028 after the plaintiffs flagged plans to tweak their case.
A NSW Supreme Court judge has refused to transfer a professional negligence case against a law firm from the District Court, despite the alleged damages surpassing the local court's jurisdiction.
Property investor Payton Capital has largely defeated a former state manager's case, with a court finding his disclosures about two investments were not a substantial or operative factor behind his dismissal.
Construction PRO
Property investor Payton Capital has largely defeated a former state manager's case, with a court finding his disclosures about two investments were not a substantial or operative factor behind his dismissal.
Settling a split in authorities from the 19th century, an appeals court has found that a solicitor’s lien applies over all money held in a client’s trust account and covers the costs of enforcing unpaid legal fees, not just the bill itself.
Construction PRO
A judge has allowed collapsed oil and gas company Timor Sea Oil & Gas Australia to assign its claims against the Commonwealth over alleged losses stemming from the loss of its petroleum licence rights.
HWL Ebsworth has lost its bid to summarily dismiss a former partner’s case alleging the firm unlawfully discriminated against him on the basis of age when it expelled him from the partnership.
ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.
Clyde & Co has lured a partner from Gilchrist Connell to lead its employment practice, amid growing employment-related risks for insurers.
Construction PRO
Property manager Fortius has lost its bid to bring negligence claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in defects litigation over the One Central Park development in Sydney.