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AMA loses in appeal over $4.8M smash repair acquisition
Appeals 2024-07-24 11:05 pm By Cindy Cameronne

Two Gosford-based smash repair businesses have won an appeal in a dispute with AMA Group over the earn out amount the ASX-list company owed under an October 2018 agreement to purchase the companies for $4.8 million.

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McGrathNicol partners duck apprehended bias claims in Globaltech administration
Restructuring & Insolvency 2024-07-22 11:43 pm By Cindy Cameronne

A judge has rejected an application by a director of mining tech company Globaltech to replace administrators from McGrathNicol after arguing there was an appearance of bias since their fellow partners used to be on the board of its biggest unsecured creditor, Boart Longyear.

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Opal Tower builder Icon, Liberty Mutual spar over class action legal bill
Insurance 2024-07-17 10:59 pm By Cindy Cameronne

The builder of Sydney’s troubled Opal Tower has brought a claim for indemnity against insurer Liberty Mutual, which has already agreed to pay out $22.5 million, claiming it is owed a total of $12.5 million for its costs in defending a class action by residents. 

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Ashurst, LegalVision sued over Woolworths lease transfer advice
Real Estate 2024-07-05 11:03 pm By Cat Fredenburgh

A unit of petrol store chain EG Australia has sued Ashurst and LegalVision alleging they breached their implied duty of care through advice given to Woolworths about the assignment of a disputed Sydney petrol station lease.

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K&L Gates picks up three partners across corporate, IP, real estate teams
K&L Gates 2024-07-03 4:38 pm By Sam Matthews

K&L Gates has lured three partners from rival firms to bolster its corporate, IP and real estate offerings across the country, including a former principal of Davies Collison Cave. 

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Garuda Airlines immune from creditor’s winding up bid, High Court says
High Court 2024-06-05 11:08 pm By Sam Matthews

The High Court has dismissed an appeal of a decision which found Indonesia’s national airline could avail itself of foreign state immunity to defeat a winding up application.

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Australian cattle groups accused of infringing bovine gene patent
Intellectual Property 2024-04-29 11:35 pm By Sam Matthews

A US-based animal genomics company has taken Australia’s leading livestock and dairy groups to court, alleging they have infringed its patent for a system for conducting genetic testing on beef and dairy cattle by doing genetic testing without a licence.

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K&L Gates picks up corporate partner from Johnson Winter Slattery
Business of Law 2024-04-17 12:59 pm By Cat Fredenburgh

K&L Gates continues to grow its corporate partnership, luring a private equity and M&A partner with international expertise from Johnson Winter Slattery.

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Court blesses Halifax liquidators’ settlement with King & Wood Mallesons
Restructuring & Insolvency 2024-04-15 11:10 pm By Cat Fredenburgh

The liquidators for Halifax Investment Services were justified in reaching a compromise settlement in proceedings against King & Wood Mallesons alleging the firm and former auditor Bentleys failed to advise the defunct stockbroker that it had to hold client funds used to trade on its online platform on trust, a judge has found.

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K&L Gates’ demand for $745,000 in fees from client defective and misleading, court says
Business of Law 2024-04-05 11:29 pm By Christine Caulfield

A judge has quashed a statutory demand by K&L Gates seeking $745,000 in fees from a former client, saying the law firm’s alleged debt included amounts owing its US counterpart, in currency converted to Australian dollars who knows when.

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