Most Recent
Slater & Gordon wins beauty parade, group costs order in Beach Energy class action
Slater & Gordon has defeated Shine Lawyers in a contest to run a shareholder class action against Beach Energy, with a judge finding Shine’s tiered contingency fee arrangement was “mere window dressing”.
Bell Potter defeats $10M lawsuit over 1 minute trading call
Bell Potter has defeated a lawsuit by Nicholas Bolton’s Keybridge Capital over a 2015 phone call which lasted one minute and 18 seconds in which the investment firm was accused of committing its client to buy $10 million worth of shares in defunct Molopo Energy.
Chubb falls short in $2.3M dispute over coverage for Inchcape ransomware attack
A judge who lashed “unsatisfactory cooperation” between Chubb and British automotive distributor Inchcape has found the insurer’s policy covers some but not all costs stemming from a cyber attack which allegedly caused over $4 million in loss.
Big Un auditor convicted of failing to comply with auditing standards
The lead auditor for Big Un's flawed 2017 independent audit, which overstated the failed video company's cash and cash equivalents by $8.2 million, has been convicted of failing to comply with auditing standards following an investigation by ASIC.
NSW ICAC says pork barrelling could constitute criminal corruption
The NSW Independent Commission has found that pork barrelling, in which a minister directs public funds for partisan political purposes, could sometimes amount to criminal corruption and has called for better regulation of grants funding.
Zurich won’t OK NZ apartments class action as it mulls High Court appeal
Irish insurer Zurich Insurance has refused consent for a class action over a defective New Zealand apartment block to proceed in the NSW Supreme Court as it mulls a High Court challenge to the case.
CFMMEU hit with maximum penalty after alleged homophobic slurs
The CFMMEU and two of its officials have been hit with the maximum penalty for allegedly breaching right of entry rules and calling a safety advisor “disgusting homophobic slurs” at a worksite on the $5.4 billion Queensland Cross River Rail project.
Drug companies drop bid for ACCC approval of Revlimid patent settlement
Bristol-Myers Squibb unit Celgene and two generic drug makers have withdrawn an application for ACCC approval of a patent settlement that would have allowed for an early launch of a generic version of blockbuster cancer drug Revlimid.
Partner in Lendlease tax ‘dodge’ suit says whistleblower protections apply
A former Greenwoods & Freehills partner will argue he is entitled to whistleblower protection in his lawsuit against the tax advisory firm and Lendlease, alleging he was forced to leave after refusing to put his name to a tax return and making protected disclosures.
Lawyer ‘driven by greed and ego’ struck from roll after buying 1,000 client files
A Melbourne lawyer “driven by his own greed and ego” should be struck from the roll for at least nine years for grossly overcharged his clients and being “professionally dishonourable, blatantly dishonest and deceitful”, VCAT has found.