More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.
Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm’s leading restructuring and insolvency team, strengthening the practice to over 18 core lawyers.
In a rare public statement, the NSW Supreme Court has sought to correct what it says are inaccuracies in comments by the state industrial relations minister contrasting it unfavourably with a proposed new court dedicated to workplace disputes.
Former Liberal staffer Brittany Higgins told a court Friday she tried to “reclaim” the dress she wore on the night of her alleged raped by later wearing it to a birthday function for her then boss, Senator Linda Reynolds.
The judge overseeing alleged rapist Bruce Lehrmann’s defamation case against Network Ten and presenter Lisa Wilkinson has deferred a decision about whether accuser Brittany Higgins can be questioned over her speech outside the ACT courthouse after a mistrial was declared in Lehrmann’s criminal case.
In a victory for the ATO, a judge has found that payments made by Schweppes to PepsiCo as part of a bottling and distribution agreement, which did not expressly provide for payment of a royalty for use of the company’s IP, were royalties and should be taxed accordingly.
Power tool maker Techtronic has been ordered to pay a record $15 million penalty after admitting it told resellers to set a minimum price for Milwaukee branded products, for which it is a wholesale supplier.
Food manufacturer Noumi is trying to reach agreement with the Australian Securities and Investments Commission on a penalty to propose to the court for violating its continuous disclosure obligations by overstating the value of inventory.
A judge has refused to disqualify himself from a case by the Victorian legal watchdog against the former directors of two law firms, saying errors by him at directions hearings in the case did not equate to bias.
The Australian Competition and Consumer Commission will not oppose Coles’ plans to acquire two milk processing plants from Saputo, saying the $105 million deal is not likely to substantially lessen competition.
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