A judge has pressed a barrister on why he’s representing a former manager from non-bank lender Liberty Financial in proceedings seeking to bar him from jumping ship to startup ORDE Financial in addition to representing ORDE and its parent company, calling it an “unusual” arrangement.
Global resources giant BHP Group has asked the Full Court to rule foreign investors should be excluded from a shareholder class action over the 2015 Fundao dam disaster, arguing the class action regime only applies to those in Australia.
Several banks and executives facing criminal cartel charges over a $2.5 billion ANZ share placement have won access to interview notes taken by whistleblower JP Morgan prior to it being granted immunity, which the banks say will prove inconsistencies in the prosecution’s case.
Non-bank lender Liberty Financial has filed court proceedings seeking to block its manager of treasury from starting a new job at a rival lender for one year.
An employment solicitor representing a sacked Jetstar pilot must pay the airline’s legal costs in defending an appeal application “that ought never to have been made”, an appeals court has found.
A judge has criticised agricultural giant Monsanto for its “highly unsatisfactory” conduct in ignoring court orders in a class action over its allegedly cancer-causing Roundup pesticides.
A mid-trial settlement has been reached in a lawsuit brought by the liquidators of collapsed steel giant Arrium against 10 former company directors and officers for allegedly engaging in insolvent trading.
K&L Gates has bolstered its Australian intellectual property team by nabbing a leading IP lawyer and partner from rival Herbert Smith Freehills.
The judge overseeing the first ever bid for a group costs order in a class action that will give the plaintiff’s law firm a percentage cut of the proceeds has urged the firm to rethink characterising its own solicitor as an expert.
A Herbert Smith Freehills lawyer and former Deutsche Bank general counsel who previously led ASIC’s litigation and enforcement team has been appointed to replace the corporate regulator’s outgoing chair James Shipton.