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CBRE offered to pay $600,000 before winning $20M negligent valuation case
Professional Negligence 2022-06-10 1:28 pm By Cindy Cameronne

A court has handed CBRE indemnity costs for successfully defending a negligent land valuation lawsuit by defunct fund manager City Pacific after it had offered $600,000 to settle the case.

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Pitcher Partners wants $127M Twigg family lawsuit heard in Victoria
Financial Services 2022-06-03 4:54 pm By Cindy Cameronne

Pitcher Partners has filed a bid to transfer a $127 million lawsuit brought by the Twigg family alleging the accounting firm helped Max Twigg misappropriate $127.8 million in family trust money for himself.

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Barrister, solicitors must pay costs for ‘negligent’ post-appeal work in oppression case
Professional Negligence 2022-06-01 6:18 pm By Cindy Cameronne

Lawyers who were found to be negligent in drafting orders after a successful appeal in a corporate oppression case have to foot their own costs after incurring “wasted or unnecessary” fees, an appeals court has held.

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EY settles class action claims over Slater & Gordon audits
Class Actions 2022-05-26 10:49 pm By Cat Fredenburgh

Ernst & Young has settled all claims against it in a shareholder class action alleging the Big Four accounting firm and Pitcher Partners signed off on an overly rosy year-end financial report that failed to disclose risks and impairments associated with the law firm’s disastrous $1.2 billion acquisition of UK insurance claims company Quindell.

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‘This is not a computer game’: Thomson Geer rails against remote witnesses in negligence case
Professional Negligence 2022-05-26 3:50 pm By Sam Matthews

A judge has allowed three witnesses for HK Realway to give evidence by video link at an upcoming negligence trial against Thomson Geer, over protests from the firm, which said it would be inherently unfair.

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Twigg family sues Pitcher Partners for $127M
Financial Services 2022-05-25 6:54 pm By Cindy Cameronne

The Twigg family has hit accounting firm Pitcher Partners with a lawsuit claiming it helped Max Twigg, race car driver and former owner of the Byron Bay Hotel, misappropriate $127.8 million in family trust money for himself.

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Corrs Chambers faces suit by client left to foot security after funder bowed out
Business of Law 2022-05-12 4:54 pm By Sam Matthews

A solicitor and former client is suing Corrs Chambers Westgarth for “very significant damages”, alleging breaches of multiple duties by the law firm in the course of protracted litigation.

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Client sues Moray & Agnew over ‘unauthorised’ $3.3M transfer
Business of Law 2022-05-10 2:45 pm By Cat Fredenburgh

Moray & Agnew is facing a lawsuit by a former client who says the firm breached its duties by making an unauthorised $3.3 million transfer while representing him on an investment in a Melbourne storage facility development.

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Sparke Helmore should face higher damages bill for negligence, developer says
Professional Negligence 2022-05-06 4:51 pm By Cat Fredenburgh

A NSW developer says law firm Sparke Helmore should face a heftier damages bill for its negligence in failing to alert it to an imminent deadline in two land sale contracts worth a combined $1.5 million that were part of a troubled $30 million development.

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McCabes negligence trial delayed for firm’s discovery failures
Professional Negligence 2022-05-02 9:44 pm By Christine Caulfield

A trial in a negligence case by a former solicitor and client of Sydney-based McCabes Lawyers has been vacated because of the firm’s non compliance with a court’s document discovery orders.

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