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Australian regenerative medicine company Mesoblast faces a shareholder class action over disclosures related to its Remestemcel-L treatment for COVID-19 complications.
Ben Roberts-Smith flags ‘serious concerns’ about potential unlawful conduct by Fairfax
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Ben Roberts-Smith has raised “serious concerns” in his defamation case against Fairfax that the media company may have unlawfully published classified material he allegedly buried in his backyard, with the war veteran asking for an explanation of where it came from.
COVID-19 lease cancellation test case filed by Sydney bar
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A shuttered upmarket cocktail bar in Sydney is seeking damages from its former landlord after the termination of its lease agreement during the COVID-19 pandemic forced it to close less than a year after opening its doors.
ACCC to fight production of JPMorgan witness statements in ANZ cartel case
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The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial “before we all retire” will soon weigh the ACCC’s claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.
Judge to decide if lockdown class action lawyer’s clients must hand over details
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A judge will hear arguments by suspended lawyer Serene Teffaha, who filed a class action against the state over lockdown restrictions, over whether her clients can be made to supply their details to a Hall & Wilcox lawyer who was appointed to take over her firm.
Creditors vote to place debt-laden Greensill in liquidation
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Creditors of Greensill Capital have voted to liquidate the company’s assets after no buyer emerged to rescue the debt-stricken financial services firm.
AFR apologises to iSignThis as defamation case settles
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The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.
Dentons adds HSF competition heavyweight to Sydney office
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Global legal giant Dentons has snagged a Herbert Smith Freehills competition partner with almost 30 years experience at the big six firm for its Sydney office.
Nominate a young gun for Lawyerly’s Litigation Rising Stars 2021
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Lawyerly’s Litigation Rising Stars 2021 series will profile the top barristers and solicitors under 40 whose successes in the area of high-stakes commercial litigation belie their age.
‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action
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A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s $754 million capital raising in 2014 to explain how the amount by which the mining company’s assets were allegedly overvalued was calculated.