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Texas oil giant Tri-Star has lost its bid for a referral in a dispute with natural gas exporter Australia Pacific LNG over several coal seam gas fields in Queensland and $7.6 billion in share acquisitions.
Are the courts really plagued by duplicative class actions?
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A fed-up judge has vented his frustration with the problem of competing class actions in a move that appears to punish the second filed case against Medibank. But is he right that the courts are increasingly being asked to deal with duplicative proceedings? And was his order really all that drastic?
PFAS class action settles for $132.7M on eve of trial
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One of the two remaining class actions against the Department of Defence over the use of alleged toxic firefighting foam at military bases across the country has settled for $132.7 million on the eve of trial, with the final case going back to mediation.
Tributes pour in for ‘giant of the Australian Bar’ David Jackson
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The legal profession is mourning the death of long-serving barrister and former Federal Court judge David Jackson KC, hailed as a “giant of the Australian Bar”.
More law firms ready class actions over Downer’s $40M earnings overstatement
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More class action law firms have pounced on Downer EDI’s “accounting irregularities” that led to the company overstating profits by up to $40 million.
Directed Electronics wins $3.27M in Hanhwa trade secrets case, with damages still to come
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Automotive electronics company Directed Electronics is set to claw back $3.27 million in commission payments made to a former manager through a secret side agreement with South Korean giant Hanhwa, with a ruling on damages still to come in the five-year case.
PwC appoints Ziggy Switkowski to investigate tax leaks scandal
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PricewaterhouseCoopers has appointed former Telstra CEO Ziggy Switkowski to investigate the tax leaks scandal that has engulfed the firm.
NextEra sues Spain in Australia to enforce $472M arbitration award
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A Dutch renewable energy company has brought proceedings in the Federal Court to enforce a $472 million arbitration award against Spain over changes to its energy policies, after the country lost a similar case in the High Court.
Meridian continues raid of McCabes to grow insurance team
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National law firm Meridian Lawyers has nabbed two senior practitioners from McCabes for its insurance group, less than a month after luring 14 lawyers and staff from its competitor.
Pro bono limitations could deter lawyers from going in-house, ACC warns
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Rules limiting the amount of pro bono work in-house lawyers can perform should be updated, Australia leading body representing corporate counsel has advised, citing concerns that the restrictions will discourage young lawyers from working in-house.