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Fired JLL execs sue The Australian publisher for defamation
Two axed executives of real estate broker Jones Lang LaSalle have sued the publisher of The Australian over articles they say destroyed their professional reputations and cost them up to $15 million each in earnings.
Barry Nilsson raids DLA Piper to scale up insurance practice
Barry Nilsson has executed on its strategic growth agenda with the recruitment of six new principals and their teams from DLA Piper in a major boost to its insurance and health practice.
Newron wins discovery for potential suit over Parkinson’s drug Xadago
Suspecting infringement of patents for its Parkinson's drug, Xadago, biopharmaceutical company Newron has won preliminary discovery of documents from generic drug maker Arrotex Pharmaceuticals.
Construction PRO
Charter Hall Retail picks up four Bunnings Warhouse stores for $151M
The retail fund of real estate investor Charter Hall has put down $151 million for the purchase of four Bunnings Warehouse stores in Queensland and New South Wales.
DLA Piper strengthens tax team with three partners from Clayton Utz
Law firm DLA Piper has boosted the ranks of its tax practice with the appointment of three partners, along with a team of five, from Clayton Utz.
Construction PRO
Monadelphous to buy WA construction firm Kerman for $15M
Engineering company Monadelphous Group has entered an agreement to acquire Western Australia-based Kerman Contracting for $15 million.
Fraudster Chris Marco cops record 14-year sentence for Ponzi scheme
A court has slapped a 14-year jail term on Perth businessman Chris Marco, after a jury found him guilty of 43 charges connected to a $34 million fraud on investors.
Blockchain Global director can’t leave country amid ASIC probe
Court orders have been issued barring a director of cryptocurrency exchange operator Blockchain Global from travelling outside Australia while the corporate regulator investigates the collapse of the exchange.
Lawyers welcome vicarious liability law reform after High Court decision
In response to a High Court ruling giving the Catholic Church an out for the actions of its priests, Victoria has vowed to introduce legislation to extend the vicarious liability of institutions, a move welcomed by plaintiff law firms.
Law firm with higher contingency fee prevails in Paladin class action contest
The firm wants a bigger slice of any recovery in its case against Paladin Energy, but its clearer funding arrangement and realistic litigation budget give it the edge over a rival class action outfit, a judge has found.