Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.
The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.
Clive Palmer’s Queensland Nickel refinery has lost its appeal of a decision ordering it pay $26.6 million for natural gas charges owed after a court rejected claims it did not need to repay the money because pipeline owners had breached their duties.
A judge has ruled that oil company Inpex can call on a $467 million bank guarantee in its contract battle with Korean shipbuilder Daewoo over the contentious Ichthys LNG project off the coast of Western Australia.
An Australian food and drink importer has been permanently banned from falsely using the words ‘Scotch’ and ‘Scotch Whisky’, after being sued by The Scotch Whisky Association for “flagrant” copyright infringement.
A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.
A judge has ordered that the lead applicant in a class action against German cladding manufacturer 3A Composites give further details on how its allegedly combustible cladding caused losses for property owners.
A judge has signed off on a $44.5 million settlement of a shareholder class action against Woolworths, which includes a $4.73 million funding commission, but the amount of fees to be paid to the law firm running the case remains to be decided.
Samsung Bioepis Australia has sued fellow biotechnology company Fresenius Kabi over a biosimilar of top selling immunosuppressant drug Humira, saying the invention ‘does not achieve the promise’ of a better formulation using fewer ingredients.
Several lenders have appealed a ruling that found they failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse, saying it was a “no brainer” that the company was in dire straits when its directors sought extra funds.