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Baker McKenzie has poached a banking and finance partner from Norton Rose Fulbright.
ASIC should have known TerraCom case had no chance of success: judge
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A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.
Qantas could face class action over recent data breach, says expert
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Customers affected by a cyberattack on a Qantas call centre that held the records of six million people may be able to bring a class action against the airline, an expert has said.
Law firm investigates class action against childcare centres over sex offender
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A personal injury law firm is investigating a potential class action against childcare centre operators that employed an alleged sex offender who has been charged with over 70 offences.
Victorian Bar defends Supreme Court judges on delivery times
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The Victorian Bar has hit back at media reporting around the management of commercial litigation by Australian courts which singled out judges of the Supreme Court, saying “statistics never tell the whole story”.
Court finds bar on anti-competitive contracts doesn’t apply to land
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A judge hearing a dispute over a lot in Victoria’s Merrifield Business Park has found that the Competition and Consumer Act’s bar on contracts that substantially lessen competition does not apply to a market in land.
HWL Ebsworth boosts development expertise with acquisition of boutique
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HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm’s environment and development law offering in the region.
Star on hook for $36.5M if no deal reached with Queen’s Wharf partners
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Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen’s Wharf partners if an agreement on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
Court hears of accounts ‘oddities’ as trial against Dyldam directors begins
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A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
Sentinel shells out $132M for office in Brisbane’s Olympics precinct
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Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane’s Olympics precinct.