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Four insurers have agreed to fork over $1 million to settle an investor class action against lender Axsesstoday over an allegedly misleading prospectus for a bond offering, while claims against PricewaterhouseCoopers will move forward.
A class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers has reached an in-principle settlement with the lender's insurers.
A subsidiary of hospitality giant Mantle Group has failed to set aside a Fair Work Commission decision finding it systematically underpaid employees and gave “knowingly false” evidence, with an appeals court refusing to find the decision gave rise to the appearance of bias.
Herbert Smith Freehills has filed proceedings against its former client United Petroleum, seeking costs of successfully defending a lawsuit alleging it acted negligently in relation to the company’s failed initial public offering in 2016.
Health law practitioners are grappling with “snowballing awards” in claims over psychiatric injuries, according to Sparke Helmore’s new health law partner.
The judge overseeing a suite of cases brought by holidaymakers who were seriously injured in a fatal bus collision in Vanuatu has hit out at QBE for ignoring queries about an insurance policy, as the defendants in the case scramble pass the buck for the crash.
Subcontractor Ventia Utility Services had lost its bid to recover $5.6 million in alleged overpayments to class action group members from co-defendant Western Power, after its liability was reduced on appeal in a representative proceeding over the 2014 Perth Hills bushfire.
Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won the green light to add four insurers to the case.
More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.
Law firm Wotton + Kearney has become the latest firm to beef up its cybersecurity practice, luring special counsel Nick Martin from EY Law.