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A judge has approved a $8.25 million settlement in a class action against PricewaterhouseCoopers brought by Axsesstoday bondholders over an allegedly misleading bond prospectus.
Retired NRL player Ethan Lowe loses $1M battle with league’s insurer
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A court has found that the NRL’s insurance policy with Lloyd’s of London does not cover former South Sydney Rabbitohs star Ethan Lowe for the devastating injury he suffered during a State of Origin match four years ago, dismissing the retired rugby player’s $1 million lawsuit.
Clayton Utz nabs Holding Redlich veteran for commercial practice
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Clayton Utz has bolstered its commercial litigation team by hiring a longtime Holding Redlich partner known for her work on the Lawyer X and Crown Resorts royal commissions.
Junior doctors class action says Peninsula Health must pay price for unpaid overtime
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After leading the first in a series of class actions by thousands of junior doctors to victory at trial, the applicant in a landmark wage case against Peninsula Health has told a judge the penalty against the Victorian hospital operator must send a clear message.
Fortescue resists startup’s attempt to cross-examine IP lawyer in search order fight
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Mining company Fortescue, which alleges green iron startup Element Zero misused confidential information, is fighting a bid to cross-examine its external lawyer as part of an application to quash search orders.
Lawyer dodges personal costs order over delays in $54M case against Mirvac
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A law firm partner has avoided personal liability for costs after expert reports were filed late in a dispute with developer Mirvac over alleged defects in a Sydney apartment complex, having walked back an appeal to “competing commitments” that didn’t wash in court.
Webb Henderson, former top judge to help PwC right its ship after tax leaks scandal
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In a first for a Big Four firm, PwC has made good on its promise to appoint an independent chair to its board and has tasked law firm Webb Henderson and former top judge with tracking its progress on other commitments made in the wake of its tax leaks scandal.
Solicitors can’t be targets of investigation into paralegals doing legal work, court finds
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The Legal Practice Board’s decision to audit lawyers at a compensation firm following a complaint about paralegals allegedly engaging in unqualified legal practice has been quashed, with a court finding the law didn’t permit investigation of individual solicitors.
Court strikes Opal Tower builder’s good faith claim in class action costs spat with insurer
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A judge has struck out an allegation by the builder of Sydney’s Opal Tower that insurer Liberty Mutual breached its duty of good faith and has warned Icon to carefully consider whether to re-plead the claim.
ACCC approves Louis Dreyfus’ proposed acquisition of Namoi Cotton
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The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.