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KPMG has been hit with a lawsuit by a principal director who claims he was told to “change and adjust” to “belittling and disproportionate attacks” by a partner on the debt advisory team.
High Court shuns Apple’s last shot at shipping Epic Games dispute to US
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Apple has reached the end of the line in its attempts to move a competition dispute with Fortnite game maker Epic Games to California, with the High Court denying the tech company’s special leave application to appeal a judgment that found there were “strong reasons” for keeping the matter in Australia.
Opal Tower engineer wins bid to probe scope of insurers indemnity of Icon
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The structural engineer behind Sydney’s ill-fated Opal Tower can examine whether builder Icon Co has been indemnified for $31 million worth of damage which occurred in the 36-storey apartment block on Christmas Eve of 2018, a court has found.
Cosmetics brand Mecca wins contract spat with Hourglass over COVID-19 closures
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Australian beauty and skincare retailer Mecca has triumphed in a lawsuit brought against US makeup brand Hourglass, which tried to terminate an exclusive distribution agreement because of the COVID-19 pandemic.
Coles taken to court by FWO over $115M in staff underpayments
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The Fair Work Ombudsman has taken supermarket giant Coles to court for allegedly underpaying more than 7,800 staff members $115 million over three years.
ACCC clears JBS Australia’s proposed $175M acquisition of Rivalea
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The Australian Competition and Consumer Commission has given the green light to pork processor JBS Australia to proceed with its proposed $175 million acquisition of a Singapore-owned pig farm and abattoir business, despite competition concerns raised by pig farmers.
Threat of class action reform prompts rush to court
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Fearing passage of a contentious bill in parliament that threatens to curb open class actions, plaintiffs law firms and funders have raced to court with new cases in the past two weeks.
More casuals class actions to be dropped in wake of High Court’s Rossato decision
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Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High Court decision that “radically” decreased their chances of success.
ACCC pressured ASIC to drop investigation into JPMorgan, court hears
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A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would “upset” the competition regulator’s criminal cartel case over a $2.5 billion ANZ share placement, a court has heard.
Banksia-inspired conflict of interest regulations quietly take effect
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Spurred by the Banksia class action scandal, the federal government has implemented new regulations requiring litigation funders to manage conflicts of interest that arise when the lawyers acting on a class action have a “material financial interest” in the funder that’s running it.