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Tabcorp stuck with $1.5B loss after High Court passes on tax fight
The High Court has declined Tabcorp's special leave application seeking to overturn a ruling that found it was not entitled to a $1.49 billion tax deduction for loss when a licence with the state of Victoria expired in 2012.
Orica shotfirers win High Court fight over long service leave
The High Court has found that Orica shotfirers working at black coal mines are entitled to portable long service leave, overturning a Full Federal Court ruling that found they were not eligible under the coal industry scheme.
Ex-NAB unit urges High Court to pass on conflicted remuneration case
Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
Mallesons hires EY partner to bolster tax practice
Mallesons has hired a tax partner from EY with expertise in stamp duty and land tax, strengthening the firm's indirect tax practice.
Lawyers, funder to seek 75% of AMP’s $29M class action settlement
The lawyers and funder behind a settled class action against AMP will ask a court to OK fees and commission totalling almost $22 million, a bill that leaves just $7 million for group members but represents a $43 million loss on actual costs.
Meat & Livestock can bring cross-claim in bovine gene patent case
Industry standards group Meat & Livestock Australia can bring a cross-claim for indemnity against the Agricultural Business Research Institute while defending a case alleging it infringed a patent for inferring bovine gene traits.
Construction PRO
Claim against funds manager struck out in FSM case against Ray White, Mallesons
A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.
Potentia co-founder, Mallesons partner take stand in row with ex-partner
Potentia Capital co-founder Tim Reed has told the Federal Court settlement negotiations with former partner Andrew Joyce were in "flux" and never finalised, in a case by Joyce seeking to enforce the terms of the agreement.
Class action filings hit decade low but settlements stay high at $1.65B
Last year saw the lowest number of class action filings since 2016, but approved settlements reached the second-highest total ever, according to a recent law firm report.
Construction PRO
Landowner seeking $490M for M12 acquisition scores partial win
A Western Sydney landowner has secured a partial win in its challenge to the valuation of land compulsorily acquired for the M12 Motorway.