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GetSwift liquidators flag challenge to settlement in ‘disastrous’ class action
Class Actions 2022-11-17 4:18 pm By Cindy Cameronne

Liquidators of failed tech company GetSwift have foreshadowed an objection to a $1.5 million settlement going to shareholders in a class action that a judge has labelled a “disaster”.

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Griffith Hack sued by hospital operator over patent rights to stem cell invention
Intellectual Property 2022-11-17 5:32 pm By Cindy Cameronne

The operator of the Royal Perth Hospital has brought legal action against Griffith Hack alleging the law firm contributed to the “dishonest and fraudulent design” of a leading researcher to transfer the intellectual property rights to a stem cell manufacturing method developed inhouse.

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Pinsent Masons poaches from K&L Gates’ environment law team
Business of Law 2022-11-17 4:43 pm By Cindy Cameronne

International law firm Pinsent Masons has lured a partner and two senior associates from K&L Gates’ planning and environment law team for its Sydney office. 

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In blow for Acciona, court won’t declare COVID-19 a force majeure event
Energy & Natural Resources 2022-11-16 4:59 pm By Cindy Cameronne

A judge has refused to declare COVID-19 a force majeure event in a loss for Spanish infrastructure giant Acciona, which seeks to back out of a construction project for a $696 million Kwinana waste-to-energy plant.

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Pitcher Partners denies giving bad advice on $2.5M Zap Fitness share buy-back
Accounting 2022-11-16 9:37 pm By Cindy Cameronne

Accounting firm Pitcher Partners has hit back at a lawsuit by the former owner of fitness franchise Zap Fitness claiming the firm failed to properly advise on a troubled share buy-back scheme that spawned litigation the company paid $4.25 million to settle.

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Funder’s $13.2M cut is 26% of Opal Tower class action settlement
Class Actions 2022-11-11 11:00 pm By Cindy Cameronne

The litigation funder bankrolling a class action on behalf of 383 apartment owners in Sydney’s troubled Opal Tower is seeking a 26 per cent commission totalling $13.2 million of the confidential settlement sum, a court has heard. 

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Law firm can’t recover costs of work by own solicitors, court finds
Business of Law 2022-11-10 10:37 pm By Cindy Cameronne

Following the lead of its Victorian counterpart, the NSW Supreme Court has found that law firm Atanaskovic Hartnell cannot recover costs in self-represented litigation against a former client over unpaid legal invoices.

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Estate of iconic restaurateur Giovanna Toppi loses battle with landlord over $1.1M loan
Estates 2022-11-10 4:06 pm By Cindy Cameronne

A judge has ordered the estate of Giovanna Toppi to pay money owing to a landlord under a $1.1 million loan after refusing to find the iconic Sydney restaurateur was the victim of wrongdoing by her daughter, Paola.

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Federal anti-corruption commission wins unanimous approval
Public Corruption 2022-11-10 6:39 pm By Cindy Cameronne

Highly anticipated legislation creating a federal anti-corruption commission has received unanimous support and could pass by the end of the year, but a fight may be on the horizon over the commission’s power to conduct public hearings.

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CBA says disclosing money laundering failures would have misled the market
Trials 2022-11-09 9:16 pm By Cindy Cameronne

The Commonwealth Bank of Australia has argued that disclosing its money laundering failures before AUSTRAC brought proceedings would have misled the market, as the bank takes the rare move of defending a shareholder class action at trial.

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