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A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.
Construction PRO
A judge has found bathroom products giant Reece did not validly end a decade-long warehouse lease after its own actions caused a delay in obtaining an occupation certificate.
Corrs Chambers Westgarth has lured a corporate lawyer who spent 14 years working at Gilbert + Tobin, its latest hire from the rival firm.
The applicant in an employment class action against The Reject Shop is appealing a court decision that found it could amend the case and redefine the group members but not retroactively.
Construction PRO
Real estate asset manager Dexus wants information that the Asia Pacific Airport Corporation gave to several consultants in a court battle over allegations it breached a shareholder deed in selling a stake in the airport operator.
While multinational companies will welcome a recent High Court decision that let PepsiCo off the hook for royalty withholding tax and diverted profits tax, experts agree the decision won't provide a carte blanche to skirt taxes.
JB Hi-Fi has lost its bid for a hearing on a separate question in a class action over allegedly worthless warranties, with a judge saying the novel question has not been considered by the High Court and could lead to appeals.
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
Construction PRO
A judge has dismissed a case by Metro Cinemas against a NSW council, finding a lease agreement did not require the council to replace the cinema’s aging seats.
The corporate cop can revise its action against Gold Coast property developer ALAMMC to seek winding up orders after concerns have emerged about misuse of $70 million in investor funds.