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Liquidators of failed tech company GetSwift have foreshadowed an objection to a $1.5 million settlement going to shareholders in a class action that a judge has labelled a “disaster”.
Griffith Hack sued by hospital operator over patent rights to stem cell invention
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The operator of the Royal Perth Hospital has brought legal action against Griffith Hack alleging the law firm contributed to the “dishonest and fraudulent design” of a leading researcher to transfer the intellectual property rights to a stem cell manufacturing method developed inhouse.
‘Very troubling indeed’: Judge orders law firm to itemise bill after backdating fee agreement
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A personal injury law firm has been ordered to itemise a “very substantial” $470,000 bill more then four years after it was rendered to a client, who was asked by the firm’s in-house barrister to sign a backdated costs disclosure agreement.
High Court to weigh in on penalties for foreign bribery violations
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The High Court has agreed to hear prosecutors’ appeal of a “manifestly inadequate” $1.35 million penalty against an engineering firm for bribing foreign officials in Vietnam to secure $10 million in infrastructure contracts.
Blue Star Helium’s former CEO stuck with ban after High Court rejects appeal
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The High Court has turned down the appeal of the former Blue Star Helium CEO who was hit with a $40,000 penalty and four-year ban after the company failed to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.
Pinsent Masons poaches from K&L Gates’ environment law team
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International law firm Pinsent Masons has lured a partner and two senior associates from K&L Gates’ planning and environment law team for its Sydney office.
In blow for Acciona, court won’t declare COVID-19 a force majeure event
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A judge has refused to declare COVID-19 a force majeure event in a loss for Spanish infrastructure giant Acciona, which seeks to back out of a construction project for a $696 million Kwinana waste-to-energy plant.
Pitcher Partners denies giving bad advice on $2.5M Zap Fitness share buy-back
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Accounting firm Pitcher Partners has hit back at a lawsuit by the former owner of fitness franchise Zap Fitness claiming the firm failed to properly advise on a troubled share buy-back scheme that spawned litigation the company paid $4.25 million to settle.
Ex-Tesla Australia director pleads guilty to insider trading
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A former Tesla Motors Australia director has pleaded guilty to two counts of insider trading for acquiring shares in Piedmont Lithium based on insider information he had about an in-principle agreement the mining company had to supply lithium to Tesla.
Sukin accused of misleading consumers with carbon neutral labels
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Eco-conscious Australian skincare company Sukin has been hit with a lawsuit alleging it misled consumers by selling products labelled with a carbon neutral certification it did not hold.