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White & Case has snapped up an IT and IP expert from Bird & Bird, citing the increasing need for technological expertise in M&A and private equity transactions.
Optus agrees to pay $100M in ACCC case over unconscionable sales tactics
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Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog’s allegations that staff pressured customers into buying phones they couldn’t afford.
CFMEU challenge to administration fails at High Court
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The High Court has rebuffed the CFMEU’s constitutional challenge to legislation used to facilitate its takeover by the federal government, rejecting an argument that the laws were enacted with the illegitimate aim of suppressing the union’s political activities.
GM can’t get indemnity costs through ‘back door’ in car dealer class action
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A judge has rejected GM’s “back door” bid for indemnity costs from the lead applicant in a failed class action over its decision to retire the Holden brand because each group member had rejected a settlement offer before the case commenced.
Judge warns ACCC’s privilege fight with Mastercard could ‘spiral out of control’
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A judge has warned that an interlocutory privilege skirmish in the consumer watchdog’s misuse of market power case against Mastercard could “spiral out of control”.
Hastie had no written costs agreement with Hall & Wilcox despite $17.8M bill, court told
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Contesting $17.8 million in fees billed by law firm Hall & Wilcox, the liquidators of collapsed engineering firm Hastie Group have told a court there was no written costs agreement between the parties.
Southbank tower developer loses bid to stay Crown Group’s suit
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Developer Infinity can’t stay a case by the liquidators of collapsed developer Crown Group seeking to sell the land for their failed joint venture for a luxury residential tower in Melbourne’s Southbank, with a judge finding a dispute resolution clause in their agreement was too vague to be enforceable.
Judge questions Sharvain’s bid to delay creditor vote in pursuit of $3M from Roberts Co
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A judge has raised concerns that if he grants orders sought by the administrators of collapsed builder Sharvain Facades to delay a creditors meeting, it will prioritise the interests of its creditors over those of Roberts Co.
Developer Universal can’t resist payment claim after failure to serve schedule
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An appeals court has ruled against developer Universal, which resisted a payment claim under the SOP Act, saying it couldn’t raise a defence pointing to the contract after failing to serve a payment schedule.
Liquidator of developer North Shore can’t rescind settlement over ‘uncommercial’ unit sales
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A judge has found that the former liquidator of developer North Shore did not rely on an appraisal of a residential block in settling a dispute over the alleged uncommercial sale of four units in a Lane Cove development, despite finding it was likely not a genuine document.