A Greens senator has called for reducing a proposed immunity from climate disclosure litigation from three years to one after lawyers, including the NSW Bar Association, blasted the moratorium. But some law firms say the immunity doesn’t go far enough and should shield companies and their officers from continuous disclosure-related claims.
Lendlease’s plan to sell a portfolio of residential community projects to Stockland for $1.3 billion has raised concerns for the ACCC, which worries the transaction may substantially lessen competition in the supply of residential masterplanned community housing lots in four regions.
Veteran corporate lawyer Jim Peterson has left Baker McKenzie to join the Clayton Utz team as a legal consultant in Brisbane.
PricewaterhouseCoopers has agreed to pay $8.25 million to settle a class action on behalf of Axsesstoday bondholders over an allegedly misleading bond prospectus, bringing the settlement total to $9.5 million after a group of insurers agreed to pay $1 million to settle the class action’s claims.
A Senate committee has release a damning report blasting the Australian Securities and Investments Commission as a failed regulator that should be broken up.
The Federal Court must guard against “exceptions by accretion” when weighing Westpac’s application to prevent the public from accessing documents filed in a lawsuit by the bank’s former head of strategy, which has resolved in a confidential settlement, a judge heard Wednesday.
The Environmental Defenders Office has replaced its chair and appointed a former judge to its board as it undergoes a review of its processes in the wake of an unsuccessful case against Santos over the oil and gas company’s $5.6 billion Barossa pipeline.
Embattled online bookseller Booktopia and a number of subsidiaries have entered voluntary administration, appointing three partners from McGrathNicol to oversee a possible sale of the business.
Energy retailer Origin Energy has hit back at a trade mark infringement suit filed by internet provider Origin Net, arguing that its mark should be revoked and accusing Origin Net of misleading and deceptive conduct.
K&L Gates has lured three partners from rival firms to bolster its corporate, IP and real estate offerings across the country, including a former principal of Davies Collison Cave.
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