King & Wood Mallesons has denied the claims in a lawsuit by defunct stockbroker Halifax Investment Services alleging it failed to advise it of an obligation to hold client funds on trust, and has said another law firm should also take the blame if it is found negligent.
Spanish infrastructure giant Acciona has been sued by the entity in charge of a $511 million waste-to-energy plant south of Perth, which says it was unlawfully shut out of the project site after “commercial issues” arose between them.
Slater & Gordon is poised to go private in an off-market takeover by Allegro Funds valuing the company at 55 cents per share, 16 years after it became the first law firm to list on the ASX, reaching a peak valuation of $2.8 billion.
A class action accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising is seeking to join a slew of the airline’s insurers to the case.
The Albanese government has started a public consultation after ditching provisions from sex harassment legislation which would have forced parties to bear their own costs in discrimination litigation, noting that lawyers favour an ‘equal access’ costs model.
A Chinese crypto miner has won its equipment back, for now, after a Melbourne business it charged with looking after the machines allegedly allowed four other businesses to access them, culminating in a five-way stoush involving an ambulance and police.
The Australian Securities and Investments Commission has instituted court proceedings against the insurance arm of Queensland’s peak motoring body alleging it misled customers about their entitlement to discounts on a range of insurance products.
Department store David Jones and men’s fashion label Politix have admitted underpaying more than 7,000 employees and will back-pay the workers $4 million in wages and superannuation.
A judge has approved a $192.5 million settlement in an oil spill class action on behalf of Indonesian seaweed farmers, but the slice for the law firm running the action and its litigation funder remains to be determined amid allegations of negligence by the former lead applicant in the case.
Maurice Blackburn has had a second crack at a group costs order in three class actions against banks over alleged flexible commission schemes after a judge in 2021 rejected what was then the first-ever application for a contingency fee.
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