A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.
HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm’s environment and development law offering in the region.
A defunct sand importer has told a court that it was “strung along” by the Port of Authority of NSW over an agreement to build a multi-user facility in Glebe Island, alleging the government-owned corporation is liable for $300 million in damages for unconscionable conduct.
A judge has questioned whether he should decide a tax dispute that will impact how much damages a former HWL Ebsworth client will get in a nine year-old negligence case over a property development.
A judge has rejected GM’s “back door” bid for indemnity costs from the lead applicant in a failed class action over its decision to retire the Holden brand because each group member had rejected a settlement offer before the case commenced.
An appeals court has tossed a challenge by construction firm Builtcom to an adjudication that slashed a $30 million payment claim against developer VSD Investments by $21 million, saying mere legal error was not enough.
ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.
The High Court has declined a special leave application from a former HWL Ebsworth partner seeking to undo a finding that his age-related expulsion from the partnership did not run afoul of the Equal Opportunity Act.
A judge has granted Shaw & Partners’ bid for preliminary discovery for a possible suit against an advisor that jumped ship to Solomons Wealth Management.
The Therapeutic Goods Administration has launched legal action against Philips Electronics for allegedly supplying CPAP and BiPAP devices, used to assist individuals with sleep apnea, which it knew posed risks to users.