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Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.
An appeals court has upheld a ruling that Sydney law firm Bartier Perry failed to adequately advise a lawyer about his rights under a partnership agreement, but trimmed a $1.4 million damages award against the firm.
Sparke Helmore has secured a temporary reprieve in a $1 million negligence lawsuit against it, with a NSW Supreme Court judge staying the case for two weeks to allow the plaintiff property developer, which has been described as a "rudderless" firm, to get its house in order.
Consulting firm EY is facing legal action for allegedly making inaccurate and misleading statements ahead of the 2019 sale by Coca-Cola Amatil of its fruit processing business SPC.
Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements for the funds.
Failed vocational education provider Phoenix Institute has taken three of its former directors to court claiming they breached the Corporations Act in the lead-up to its collapse and should compensate the company.
Grant Thornton has won approval to a bring a cross-claim against Forge Group, just three months ahead of trial in the collapsed engineering company's case against the accounting firm and ten former directors for their alleged negligence in relation to its "uneconomic" purchase of CTEC in 2012.
A former QC who is now a judge on the Victorian Supreme Court judge has been hit with costs following a ruling that he and a law firm acquired by Russell Kennedy provided negligent advice to a former client on a land purchase contract.
A judge has found the Commonwealth and Murray Darling Basin Authority are not "public authorities", striking out large portions of their defence in a class action brought by farmers alleging negligent oversight of water management in the critical Australian river system.
Advanta Seeds has defeated a class action brought over contaminated seeds, with a court finding the Australian seed supplier did not owe a duty of care to irate farmers who allegedly suffered loss and damage from the decreased value of their sorghum crops sowed in the 2010/2011 summer season.