Baker McKenzie has welcomed back a seasoned banking and finance partner after his five-year stint at Hogan Lovells came to an end when the firm decided to close its Sydney office.
A judge has signed off on a $38 million settlement in a shareholder class action against Mayne Pharma but has slashed a 27.9 per cent commission for the funder that backed the case. Victorian Supreme Court Justice Andrew Watson approved the settlement on 19 December, including $6 million in legal costs and a 25.7 per…
Developer Freecity has won court approval for its plans for a 19-level, $230 million student accommodation development near Macquarie University, after its plans were initially knocked back by the local council.
ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company’s financial position.
Real estate company Flemington Properties has won $5 million from Ausgrid in a commercial rent dispute, with a judge finding the state corporation was effectively asking the court to rewrite the parties’ agreement.
The owners of the Werribee shopping centre in Victoria have lost their bid for preliminary discovery related to the likely recovery in their $356 million claim against builder Probuild.
The owners of luxury fashion department store Harrolds are facing a $10 million lawsuit over alleged unpaid rent on the business’ flagship Collins Street store in Melbourne.
A class action against Toyota Finance has argued it can add new claims that are out of time because Victorian courts cannot factor in the loss of limitations defences in deciding whether to allow amendments.
Budget supermarket Aldi has won its appeal of a tribunal decision which found that upper limits on rental increases fell afoul of the Retail Leases Act.
Retiring NSW Court of Appeal judge Richard White has been praised for his legal prowess and passion for cricket in a farewell ceremony attended by Sydney’s legal luminaries.