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Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.
Court asked to find Retail Food Group class action exempt from MIS rules
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A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.
Switzer sues ex-adviser, Walker Wayland over ‘defamatory’ email to client
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Switzer Financial Group has sued a former senior adviser, claiming he sent a defamatory email to a client accusing the firm — run by financial commentator Peter Switzer — of lacking concern about a conflict of interest.
Fraud dooms settlement in art collector’s defamation suit over Telegraph story
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A judge has rejected an art collector’s bid to enforce a settlement in litigation against the publisher of the Sunday Telegraph over an allegedly defamatory story concerning his purchase of a painting by Australian artist Del Kathryn Barton, finding he had lied about the story being false.
Banksia funder to be wound up, liquidators to probe potential claims against directors
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The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder’s two surviving directors will be among potential targets of attempts to recover money to pay a $21.7 million court judgment.
Herbert Smith Freehills nabs work safety pro from Clyde & Co
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Herbert Smith Freehills has picked up a leading work health and safety lawyer from Clyde & Co to join the Big Six law firm in Sydney as special counsel.
AG pressed on constitutional validity of unpopular class action bill
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The federal Attorney General’s Department has faced calls to reveal the constitutional heads of power behind the latest class action reform bill that aims to cap the amount of fees and commission lawyers and funders can earn.
ExxonMobil takes $182M dispute with ATO to court
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Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.
Telstra sued over ‘sickening’ harassment by employee who stole confidential info
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Telstra is liable for the “sickening” conduct of a former employee who accessed confidential contact information to launch a four-year campaign of sexual harassment against his next-door neighbours, a new lawsuit alleges.
ACCC cracks down on ‘outrageous’ COVID-19 RAT pricing
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The Australian Competition and Consumer Commission is working with the Australian Federal Police to combat price gouging over the sale of COVID-19 rapid antigen tests.