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Judge allows tweak to ratings suit against S&P ahead of trial
Securities 2025-04-11 11:03 pm By Sam Matthews

The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.

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Hunt & Hunt NSW, Hicksons Lawyers to join forces
Business of Law 2025-04-11 2:25 pm By Julia Kanapathippillai

Hunt & Hunt NSW and Hicksons Lawyers have signed a deal to combine their mid-size firms, in a merger to take effect on 1 July.

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Trial pushed off in sprawling litigation over Greensill collapse
Restructuring & Insolvency 2025-04-10 11:41 pm By Sam Matthews

A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm’s administrator.

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Judge wants more than ‘bland’ claim of defects in Hyundai, Kia class actions
Class Actions 2025-04-10 1:32 pm By Christine Caulfield

Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.

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Construction PRO
Dexus must sell stake in $1.7B shopping centre to Macquarie after failed appeal
Real Estate 2025-04-11 11:27 pm By Sam Matthews

An appeals court has rejected Dexus’ challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.

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Construction PRO
LU Simon loses special case in Victoria’s combustible cladding action over Atlantis
Construction 2025-04-11 11:09 pm By Christine Caulfield

An appeals court has sided with the state of Victoria on a crucial issue in its case against LU Simon Builders over alleged combustible cladding on Melbourne’s Atlantis Towers.

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Airservices to face ‘substantially expanded’ case by Perth Airport over PFAS
Real Estate 2025-04-11 11:16 pm By Cat Fredenburgh

A judge has allowed Perth Airport to amend its case against sublessee Airservices over alleged groundwater contamination from the use of firefighting foam, finding that allowing the airport to describe PFAS chemicals as “potentially toxic” would not render the case ambiguous.

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Herbert Smith Freehills poaches real estate partner from Corrs
Business of Law 2025-04-11 11:51 pm By Cat Fredenburgh

Herberts Smith Freehills has bolstered its real estate group, snagging a Corrs Chambers Westgarth partner with expertise in complex real estate transactions.

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Firm, funder set to take half of AIG settlement in Linchpin class action
Insurance 2025-04-10 3:16 pm By Christine Caulfield

Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.

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High Court won’t take up Gunns creditor’s fight with liquidators
Restructuring & Insolvency 2025-04-10 11:20 am By Cat Fredenburgh

The High Court won’t hear an appeal by a creditor of collapsed forestry giant Gunns Plantations seeking to toss winding up proceedings brought after it failed to pay back $1.2 million in unfair preferences. 

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