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Engineering firm WorleyParsons has told the Federal Court it will press forward with a no case application in an attempt to shut down a shareholder class action against it.
Pan Macmillan’s ‘tenuous’ defence struck out in defamation suit over Kings Cross crime book
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The Federal Court has partially struck out publisher Pan Macmillan Australia’s defence in a defamation case brought by Sydney identity Thomas Domican over a “fleeting reference” in a book by nightclub magnate John Ibrahim.
Norwegian shipping company to plead guilty to criminal cartel charge
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One month after Japanese shipping company K-Line was hit with a $34.5 million fine for cartel conduct, Norwegian shipping firm Wallenius Wilhelmsen Ocean AS has said it will plead guilty to one charge of criminal cartel conduct for its role in the same scheme.
Shine Lawyers’ profits down, but hopes high after boosting class action practice
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In a year in which it settled a shareholder class action against itself and purchased a class action boutique, publicly-traded law firm Shine Lawyers has posted a profit of $14 million, down more than 26 percent from last year’s $19 million.
Geoffrey Rush loses bid to muzzle publisher in defamation case
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Actor Geoffrey Rush has come up short in his bid for an injunction blocking The Daily Telegraph from repeating allegations in the successful defamation case he brought against the publisher, with a judge citing the public interest in free speech and the lack of foundation for the actor’s concerns.
Holding Redlich defends managing partner in face of cover-up claims by ALP boss
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Law firm Holding Redlich has defended national managing partner Ian Robertson against allegations by NSW Labor Party general secretary Kaila Murnain that the lawyer advised her to keep quiet about a $100,000 illegal political donation.
Bellamy’s interests protected without class action cost-capping, Full Court says
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Concerns about duplicative costs in multiple class actions are better addressed by case management decisions aimed at cutting excessive expense, not by limiting the amount lawyers representing group members can spend, the Full Federal Court has said in dismissing an appeal by baby food maker Bellamy’s.
Plutus conspirator gets 3 years behind bars for role in $105M ATO fraud scheme
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Former Plutus Payroll general manager Joshua Kitson has been sentenced to at least three years in jail for his role in a conspiracy to defraud $105 million from the Australian Taxation Office.
Cryosite wins $1M settlement over legal advice behind gun-jumping case
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Biotech company Cryosite has agreed to a $1 million settlement for losses resulting from legal advice received in relation to a merger agreement that left the company facing $1.05 million in penalties for engaging in cartel conduct.
Activist short seller Bonitas to face ‘unprecedented’ legal action
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Agricultural fund manager Rural Funds Group has briefed a top-tier law firm to bring “unprecedented” legal action against US company Bonitas Research, after the activist short seller accused the group of fraud and sent its share price plummeting.