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Ernst & Young has resigned from its role as Omni Bridgeway’s long-time auditor after determining a class action against it that’s being backed by the litigation funder could threaten its independence.
Christian Porter’s lawyers accuse ABC of ‘improper’ allegations against silk
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Lawyers retained by former attorney-general Christian Porter have accused the ABC of making “improper” allegations against Porter’s counsel, who is facing calls for her to return her brief to act for him in defamation proceedings against the national broadcaster.
Baker McKenzie dragged into Chinese lender’s case against PwC over failed Aussie launch
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Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in Australia, after advice documents from the law firm were uncovered in a last-minute privilege fight.
Aurizon accused of flagrant copyright infringement by software giant Dassault
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Queensland rail operator Aurizon has been sued for breach of contract and “flagrant” copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.
Shell wins appeal over deductions from WA gas exploration project
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Fossil fuel giant Shell Australia has partially won a challenge to a tax office decision denying deductions claimed over an acquisition the increased the company’s stake in Woodside Energy’s Browse Basin gas exploration joint venture project.
Romeo’s employees to get corrected class action notice after ‘unauthorised’ communications
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Employees of Romeo’s will be sent a corrected opt-out notice in class actions against the supermarket chain after it emerged that the company’s senior managers may have made unauthorised contact with group members about their participation in the proceedings.
Fitness chain Viva Leisure faces possible franchisee class action
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Gym chain Viva Leisure is reportedly facing a potential class action alleging the company has engaged in unconscionable conduct in its dealings with a group of franchisees.
Consumer law claims dropped in Bayer contraceptive class action
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The lead applicant in a class action against Bayer over its allegedly defective Essure contraceptive devices has won court approval to drop her consumer law claims against the German drug maker, with a judge agreeing that the plaintiff’s defect and negligence claims had a better chance of succeeding.
Peter V’landys loses defamation case against ABC over racehorse cruelty report
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Racing NSW CEO Peter V’landys AM has lost his defamation case against the ABC, with a judge rejected allegations a 7.30 segment, which revealed racehorses were being slaughtered in violation of industry rules, was defamatory.
ASIC sues to wind up four PE Capital managed investment schemes
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The Australian Securities and Investments Commission has launched court proceedings seeking to wind up investment manager PE Capital Funds Management, whose trustee Endeavour Securities has connections to collapsed financial services company Linchpin Capital, as well as four of its unregistered managed investment schemes.