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PwC sued over advice on $88M sale of Hudson Pacific to Retail Food Group
Financial Services 2022-05-12 5:59 pm By Cat Fredenburgh

The founder of wholesale food company Hudson Pacific has sued PricewaterhouseCoopers for allegedly providing bad advice on the terms of the $88 million sale of his business to Retail Food Group in 2016.

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Virgin Australia hit with class action over 2019 prospectus
Class Actions 2022-05-12 8:49 pm By Cat Fredenburgh

Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, just six months before the airline sank into administration.

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Full Court tosses James Ashby’s appeal over $4.5M legal bill
Employment 2022-05-12 11:29 pm By Cat Fredenburgh

One Nation chief-of-staff James Ashby has failed to revive his lawsuit alleging the federal government breached the Fair Work Act by not paying his $4.5 million legal bill stemming from a dropped sexual harassment case against former House speaker Peter Slipper.

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Jan Cameron to preserve $5.1M in assets while dispute with tax office on foot
Tax 2022-05-12 2:32 pm By Cat Fredenburgh

Former Bellamy’s Australia director Jan Cameron has consented to preserving up to $5.1 million in her Australian assets and not moving them offshore while proceedings she launched against the Australian Taxation Office are on foot.

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Herbert Smith Freehills joins with UNSW to jumpstart grads’ legal careers
Business of Law 2022-05-12 4:14 pm By Cat Fredenburgh

Herbert Smith Freehills has partnered with the University of New South Wales on a practical training course for the firm’s Australian graduates that will allow them to start practicing sooner.

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‘Deeply concerned’: Scott Morrison’s attack on barristers earns ABA rebuke
Business of Law 2022-05-10 12:06 pm By Cat Fredenburgh

The nation’s peak body for barristers has lashed out at Prime Minister Scott Morrison for saying he has “never had much truck” with barristers during his political career and “didn’t care” if they disagreed with him about the need for a federal anti-corruption commission.

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Client sues Moray & Agnew over ‘unauthorised’ $3.3M transfer
Business of Law 2022-05-10 2:45 pm By Cat Fredenburgh

Moray & Agnew is facing a lawsuit by a former client who says the firm breached its duties by making an unauthorised $3.3 million transfer while representing him on an investment in a Melbourne storage facility development.

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Pfizer sues drug companies over Enbrel biosimilar
Intellectual Property 2022-05-10 11:38 pm By Cat Fredenburgh

Pharmaceutical giant Pfizer has fired off a lawsuit against four drug companies for allegedly infringing one of its patents for biologic Enbrel by selling a biosimilar of the blockbuster arthritis drug in Australia.

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ASIC says Australian Mines lied about funding for ‘critical’ $500M project
Energy & Natural Resources 2022-05-10 4:53 pm By Cat Fredenburgh

The corporate regulator has taken Australian Mines to court after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.

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Virgin says top pilot was not sacked for complaining about bullying by CEO
Employment 2022-05-10 3:38 pm By Cat Fredenburgh

Virgin Australia has struck back at a lawsuit by its former chief pilot alleging the airline sacked him for complaining of bullying and harassment by its CEO, saying it terminated the pilot’s employment after he was deemed medically unfit for his role.

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