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Big Six firms Allens and Herbert Smith Freehills are the law firm heavyweights behind $750 million in platform financing for ACEN Australia’s renewable energy portfolio.
WestConnex class action applicants defeat funder’s latest appeal
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The funder behind a class action against Transport for NSW over the $16 billion WestConnex project has lost another appeal in its ongoing spat with the lead applicants.
Developer fined $150,000 in first prosecution over project trust accounts
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In the first prosecution of its kind, a Queensland property developer has been fined $150,000 for offences relating to a project trust account under the state’s security of payment laws.
TeleChoice close to ‘minimal’ settlement in franchisee class action
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A franchisee class action against TeleChoice, which sought to share in commissions won in separate litigation against Optus, is in settlement talks, but the mobile retailer says the plaintiffs can’t expect much.
ASIC sues Hollard Insurance over 3-year delay in resolving claim
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The corporate regulator has taken Holland Insurance to court, alleging it breached its duty of utmost good faith by taking over three years to resolve an insurance claim.
Judge allows tweak to ratings suit against S&P ahead of trial
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The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.
Lawyer sacked for allegedly chucking a sickie not unfairly dismissed: FWC
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A lawyer who was fired for allegedly chucking a sickie to watch the AFL Gather Round games in Adelaide was not unfairly dismissed, the Fair Work Commission has found.
Hunt & Hunt NSW, Hicksons Lawyers to join forces
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Hunt & Hunt NSW and Hicksons Lawyers have signed a deal to combine their mid-size firms, in a merger to take effect on 1 July.
Trial pushed off in sprawling litigation over Greensill collapse
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A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm’s administrator.
Judge wants more than ‘bland’ claim of defects in Hyundai, Kia class actions
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Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.