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In loss for TerraCom, Full Court finds ASIC can view PwC report
Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.
Court tosses suit against Wilsons over wealth advisor who jumped ship
Wilsons Advisory and Stockbroking has dodged a claim by rival Elston Private Wealth over a veteran employee who jumped ship with confidential information.
Halifax sues King & Wood Mallesons for negligence
Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.
Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm's biggest client.
Clive Palmer’s QNI loses appeal in $26M spat over unpaid gas bill
Clive Palmer’s Queensland Nickel refinery has lost its appeal of a decision ordering it pay $26.6 million for natural gas charges owed after a court rejected claims it did not need to repay the money because pipeline owners had breached their duties.
Opal Tower insurers question reasonableness of class action defence costs
Three insurers for builder Icon are planning to test the reasonableness of a structural engineer's defence costs in a now settled class action brought by apartment owners in Sydney's ill-fated Opal Tower.
Finished: Powerball detergent maker loses trade mark case
The maker of Finish dishwashing products has had two of its trade marks struck from the register after losing an intellectual property suit against an emerging rival.
Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.
Top UK firm dragged into feud between law firm founding partners
London firm Mishcon de Reya faces a lawsuit alleging the firm knowingly assisted a founding partner of Lipman Karas to breach his duties when it reached an agreement to open a Hong Kong office.
MinterEllison snags leading superannuation lawyer from Herbert Smith Freehills
MinterEllison has recruited financial services and superannuation law expert Ruth Stringer to lead the national super practice she established some 20 years ago.