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Activist investor loses challenge to Atanaskovic Hartnell’s $300,000 bill
Business of Law 2024-07-11 11:05 pm By Cindy Cameronne

Keybridge Capital chief executive officer Nicholas Bolton has lost his appeal of a costs review panel decision that saddled him with a legal bill of $308,940 for work done by Atanaskovic Hartnell for his company in a dispute with Brookfield Multiplex.

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The Good Guys promotions not so good for consumers, ACCC claims
Competition & Consumer Protection 2024-07-11 10:55 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has brought proceedings against retailer The Good Guys, alleging it made misleading statements about store credit. 

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Champagne growers drop trade mark challenge on eve of trial
Intellectual Property 2024-07-11 11:23 pm By Cindy Cameronne

The French association representing wine producers from Champagne has discontinued its lawsuit against an Australian retailer after it agreed to only use seed extract from the Champagne region of France. 

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Fortescue’s private investigators trailed trips to Kmart while spying on ex-employees, court told
Intellectual Property 2024-07-10 4:15 pm By Cindy Cameronne

Metal mining company Fortescue hired private investigators to spy on former employees who created green iron start-up Element Zero, sifting through their mail, taking photos of their children and following them to Kmart, a court has heard. 

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In first, court finds non-bank lender Firstmac breached DDO obligations
Financial Services 2024-07-10 11:07 pm By Cindy Cameronne

In a win for ASIC, the Federal Court has found that non-bank lender Firstmac Limited breached the design and distribution obligations, introduced in 2021, by marketing a managed investment scheme that could be unsuitable for customers’ financial needs. 

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HWL Ebsworth, ex-partner file competing appeals over expulsion finding
Appeals 2024-07-10 4:01 pm By Cindy Cameronne

HWL Ebsworth and a former capital partner have both appealed a ruling that found the partner was invalidly expelled in 2020 but that his partnership had been dissolved from the day he sued his former firm. 

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Partner declined advice at key stage of Slater & Gordon share offload, court told
Trials 2024-07-09 10:24 pm By Cindy Cameronne

A law firm partner who alleges a Melbourne solicitor failed to properly advise him on a share sale agreement with Slater & Gordon in 2014 declined assistance before signing a term sheet that outlined he could not sell his shares in the firm for three years, a court has heard.

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Legal community celebrates revived NSW industrial court
Courts 2024-07-09 3:01 pm By Cindy Cameronne

Members of the legal community in NSW are celebrating the revival of the state’s 123-year old industrial court, the oldest tribunal of its kind in the world, with the new president saying it will be “unburdened” by numerous requirements found in federal legislation.

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Partner sues Melbourne firm over advice on Slater & Gordon share sale
Business of Law 2024-07-08 11:03 pm By Cindy Cameronne

The managing partner of a leading plaintiff law firm has sued a Melbourne firm, alleging it failed to properly advise him on an agreement that prevented him from selling his shares in Slater & Gordon before its share price plummeted in 2015.

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Funder behind Westconnex class action seeks fourth firm to run case
Class Actions 2024-07-08 11:49 pm By Cindy Cameronne

A funder bankrolling a class action against the NSW government over the construction of Sydney’s $16 billion Westconnex tunnel is locked in a dispute with the lead applicants over $135,000 held in a trust account, and wants to replace the plaintiffs and their solicitors, the third group of lawyers to run the case.

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