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ASIC should have known TerraCom case had no chance of success: judge
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”.
Law firm investigates class action against childcare centres over sex offender
A personal injury law firm is investigating a potential class action against childcare centre operators that employed an alleged sex offender who has been charged with over 70 offences.
Construction PRO
Court finds bar on anti-competitive contracts doesn’t apply to land
A judge hearing a dispute over a lot in Victoria's Merrifield Business Park has found that the Competition and Consumer Act's bar on contracts that substantially lessen competition does not apply to a market in land.
Construction PRO
HWL Ebsworth boosts development expertise with acquisition of boutique
HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm's environment and development law offering in the region.
Construction PRO
Court hears of accounts ‘oddities’ as trial against Dyldam directors begins
A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
Judge ‘nervous’ about damages notice to Isuzu class action members
A judge has expressed his nervousness about a proposed notice to group members in a class action against Isuzu that warns them they may lose an entitlement to damages if they sell their alleged defective vehicles. 
Judge vacates trial date in data scraping case against CoreLogic
A judge has vacated an upcoming trial date in a data scraping case against US-based CoreLogic to allow the analytics company more time to respond to a "weighty" report by a forensic accountant.
Maybe happy ending for EY after mass defection of tax team to Alvarez & Marsal
Likening its position to the "Goldilocks zone", EY has secured documents from rival Alvarez & Marsal as it weighs potential litigation over the mass departure of partners and staff from its international tax practice.
State blasts ‘magical thinking’ of hotel quarantine class action
The state of Victoria has attacked the “magical thinking” of a class action over its COVID-19 hotel quarantine debacle, as the applicants seek to plead an alternative case holding the state responsible for a wave of infections.
AMP hit with another class action over ‘inflated’ insurance premiums
AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was "in search of a case" more than four years after being filed.