White & Case has snapped up an IT and IP expert from Bird & Bird, citing the increasing need for technological expertise in M&A and private equity transactions.
Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog’s allegations that staff pressured customers into buying phones they couldn’t afford.
A judge has found that the former liquidator of developer North Shore did not rely on an appraisal of a residential block in settling a dispute over the alleged uncommercial sale of four units in a Lane Cove development, despite finding it was likely not a genuine document.
An appeals court has tossed a challenge by construction firm Builtcom to an adjudication that slashed a $30 million payment claim against developer VSD Investments by $21 million, saying mere legal error was not enough.
A judge is mulling whether to declass a group proceeding against the Australian Football League and Geelong Football Club, saying after three years of pre-trial procedures, the case is officially “out of hand”.
The 12-storey corner office block overlooking the Victorian Supreme Court, which has housed Douglas Menzies Chambers since 1992, has been sold for a reported $23 million, with its barristers moving down the street.
ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.
A judge has urged the Northern Territory public housing authority and a discrimination class action to seek the court’s assistance instead of resorting to lengthy correspondence as they “lock antlers” over discovery and factual matters.
NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.
Pithy one-liners and even pithier rulings are just part of NSW Supreme Court judge James Stevenson’s legacy as he steps down from the bench, bringing to an end a class of judicial staffers known as “Team Stevo”