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The liquidators of Gold Coast fund manager Equititrust are seeking court approval of a confidential settlement of two proceedings brought against KPMG for allegedly failing to properly audit the firm prior to its collapse.
The court has ordered Australia's biggest internet service providers to block seven websites from "ripping" audio files from music videos on YouTube, in what the judge described as "industrial scale copyright infringement".
A judge has questioned whether he should approve the $3 million legal bill in the settled Discovery Metals shareholder class action against KPMG, amid concerns the plaintiff's lawyers, Piper Alderman, breached legal profession regulations by failing to update their estimated costs.
Australian law firm Mills Oakley has established an IP practice in its Melbourne office, snatching a senior lawyer from rival K&L Gates, which is now set to lose five IP specialists in the space of almost two months.
Maurice Blackburn's funding model rejected by a judge overseeing a beauty parade of class actions against BHP appeared structured to incentivise the firm to push up its legal fees, an appeals court said Monday on the first day of a high stakes hearing challenging a decision to shut down two of three competing cases against the mining giant.
La Trobe University has reached a settlement with the head of its law school, Dr Patrick Keyzer, to resolve legal action alleging it breached its workplace obligations when it suspended him over bullying complaints. The university dropped its disciplinary proceedings against Keyzer, with no adverse findings being made.
The National Australia Bank has filed a lawsuit against its Singapore-based captive insurance unit and three syndicates of global insurance giant Lloyd's seeking coverage for two consumer redress schemes related to the bank's sale of interest rate hedging products and fixed rate tailored business loans.
A judge has found a senior female partner at Piper Alderman has not provided sufficient evidence that the firm moved to oust her from its ranks because she is a woman, in a ruling dismissing her bid for an order halting the firm from moving forward with a meeting on the proposed expulsion.
A judge has signed off on the confidential settlement of a shareholder class action brought against KPMG relating to the failed $830 million hostile takeover of mining firm Discovery Metals, despite objections that the settlement process was “unfair and unjust”.
Maurice Blackburn has launched a rare competition class action against five global investment banks over a conspiracy to manipulate foreign exchange rates that has spawned class actions and lawsuits by regulators across the globe.