KPMG has won its application for the High Court to weigh in on the relevance of a contingency fee order in determining a bid to transfer a shareholder class action from Victoria to NSW.
A former EY partner facing ATO action for allegedly promoting tax exploitation schemes has lost a fight to shield their name from media reports of the case, but a temporary suppression order — which has been in place for half a year — will stay in effect for at least two more weeks while the partner contemplates a fresh appeal.
Despite succeeding on a number of claims, the applicant in a tortuous shareholder class action against Worley must foot the engineering services company’s bill for defending two trials.
Labour hire company Hays Specialist Recruitment has agreed to pay up to $1.325 million to settle an employment class action on behalf of coal miners that has been on foot for five years.
ASX Limited has paid a $1,050,000 fine after the corporate regulator pinged it with an infringement notice for failing to comply with market integrity rules — a first against the market operator.
Mortgage broker Lendi Group and insurer ALI Group face a class action over the sale of allegedly worthless mortgage insurance policies to homeowners.
Merivale will fork over $18 million in a proposed settlement to resolve an employment class action against the hospitality giant, of which $8.6 million is sought to be deducted in legal fees and a funder’s commission.
Government consulting firm Scyne Advisory has brought legal action to stop a partner from jumping to the professional services arm of infrastructure giant Downer EDI.
Downer EDI has named KPMG in a cross-claim in a class action by shareholders, a move the accounting giant says has forced it to resign as auditor for the infrastructure services company.
Victoria’s judicial watchdog has dropped its investigation of a complaint against Supreme Court Justice Lex Lasry by the Director of Public Prosecutions, Kerri Judd SC, who accused the judge of making comments attacking her professional integrity.