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The former partner of Westpac-backed venture capital firm Reinventure Group has been ordered to appoint an independent valuer to clarify the claimed loss against her former employer before the parties enter mediation.
Tax dodging Sydney silk loses bid for readmission as a lawyer
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A Sydney-based former senior counsel, who failed to pay income tax for 16 years, has lost his appeal of a decision blocking his readmission as a lawyer, 14 years after he was struck off the roll.
$6M Bank of Queensland class action settlement one claim under insurance policy, appeals court says
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An appeals court has found insurers AIG Australia and Catlin Australia have to cover part of a $6 million settlement agreed to by Bank of Queensland last year in a class action brought by investors in a multimillion dollar Ponzi scheme by jailed fraudster Bradley Sherwin.
‘Nothing more than a witch hunt’: Clive Palmer agrees to multimillion dollar Queensland Nickel settlement
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Mining magnate Clive Palmer says he feels “vindicated” after reaching a multimillion dollar settlement that resolves the majority of claims brought against him following the $200 million collapse of his company Queensland Nickel in 2016.
Judge approves walkaway settlement in St Patrick’s Day bushfire class action
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A judge has signed off on the walkaway settlement reached in one of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, noting that the plaintiff faced a “very real risk of not succeeding” in some of its primary claims.
Maurice Blackburn owes State Street royalties for Fearless Girl replica, court hears
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US investment manager State Street Global Advisors claims it lost out on royalties when Maurice Blackburn commissioned an allegedly infringing replica of its iconic Fearless Girl statue in New York City, a marketing phenomenon that has been estimated to be valued at up to $38.6 million.
Spanish energy co sues to enforce $139M arbitration award over Roy Hill mine
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Spanish oil and gas company Duro Felguera has filed Federal Court proceedings to enforce a $139 million arbitration award related to the Pilbara-based Roy Hill mine, which is majority owned by Gina Rinehart’s Hancock Prospecting.
Judge finds ‘seriously arguable’ case that CFMEU organised wharfies ‘go slow’
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Australian stevedoring company DP World has won an interim bid to stop a “go slow” at its container terminal in the Port of Melbourne, after a judge found a “seriously arguable” case that the CFMEU was behind the unprotected industrial action.
London City Equities wins bid to expand case against Ernst & Young over Penrice collapse
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Investment firm London City Equities has secured court approval to bring an expanded case against accounting giant Ernst & Young over its auditing of collapsed soda ash maker Penrice.
‘Bad example of the litigation process’: senior partner faces trial for rejecting $4.45M Westpac settlement
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A senior partner at a Sydney-based law firm has defended advice he gave five former clients suing over what they say was breach of duties and conflict of interest relating to a rejected $4.45 million settlement in an employment case against Westpac.