In loss for TerraCom, Full Court finds ASIC can view PwC report

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Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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‘Magnet for litigation’: Dixon Advisory insurers fight to shield policy info in class action

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Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million. 

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Lawyers, funder come to blows in Montara oil spill class action

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A fight has broken out between the litigation funder and the lawyers representing 15,000 seaweed farmers in a class action against oil exploration company PTTEP Australia over a spill at its Montara oil field in the Timor Sea.

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Court upholds $50M award for Siemens in spat over Qatar transport contract

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A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.

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Google wins opposition to FitBet trade mark

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Google has succeeded in blocking a fitness app from registering ‘FitBet’ as a trade mark, with a a Trade Marks Office delegate finding the mark was deceptively similar to the Silicon Valley company’s marks for its popular FitBit wearable devices.

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Halifax sues King & Wood Mallesons for negligence

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Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.

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Opal Tower insurers question reasonableness of class action defence costs

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Three insurers for builder Icon are planning to test the reasonableness of a structural engineer’s defence costs in a now settled class action brought by apartment owners in Sydney’s ill-fated Opal Tower.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told

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The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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