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ASIC suffers significant loss in ‘illegal phoenix’ case against liquidator
The corporate regulator has failed in its case targeting an individual insolvency practitioner for alleged illegal phoenix activity.
Noumi to face penalty in ASIC case after admitting to inflated inventory
Noumi has admitted in a case by ASIC to breaching its continuous disclosure obligations by overstating the value of its inventory and failing to give a true and fair view of the company’s financial position.
HWL Ebsworth can’t point finger at client to reduce liability for negligence
A judge has ruled that HWL Ebsworth’s negligent advice over property in Paramatta’s 'Auto Alley' cost a client $2 million, rejecting the firm’s plea of contributory negligence against the owner.
Lead plaintiff in class action settles claim against General Motors
The lead plaintiff in a class action by dealers over a decision to retire the Holden brand has settled its claim with General Motors, but is set to remain as the lead plaintiff in the case.
GM says supply of Holden’s best-selling cars would have dried up anyway
Defending a class action by dealers over a decision to retire Holden, General Motors argues it would have been forced to close the unprofitable plant that manufactured the vehicles for the Australian market even absent the 2020 withdrawal of the iconic brand.
Norton Rose lures construction pros back from Clyde & Co
Norton Rose Fulbright has lured back two leading construction lawyers to the firm from Clyde & Co, along with a third leading construction and projects specialist.
Arrium lenders file High Court challenge over directors’ loan drawdowns
Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company's $2.8 billion collapse. 
Norton Rose snags class action ace from US, elevates arbitration expert
Norton Rose Fulbright has snagged a class action lawyer with decades of US legal experience and elevated an arbitration expert who worked at a New York white shoe law firm to be partners in its Sydney and Perth offices. 
HWL Ebsworth slammed for pointing finger at holidaying director in $3.5M negligence case
A Sydney auto company suing HWL Ebsworth over allegedly negligent advice provided in relation to property in Paramatta’s 'Auto Alley' has slammed the law firm’s plea of contributory negligence against its holidaying director.
Holden car dealer wins bid for docs on GM’s exit strategy
A former Holden dealer has won the right to see General Motors corporate strategy documents in the five years leading up to Holden's retirement, in his suit claiming the carmaker's executives misled him when saying GM was “100% committed” to the line before axing it just a few years later.