HWL Ebsworth has admitted it gave a client negligent advice over property in Paramatta’s ‘Auto Alley’ but said the owner’s alleged $3.5 million loss was not caused by the law firm’s mis-step in a transaction with companies linked to the defunct Dyldam Developments.
A judge overseeing a class action accusing Virgin Australia of failing to disclose its true financial position in a $324 million capital raising prospectus has joined a dozen insurers to the proceeding, which he said had “regrettably languished”.
ABC and Network Ten have dropped their fight in a defamation case by former Liberal staffer Bruce Lehrmann over missing CCTV footage from the night of Brittany Higgins’ alleged rape, after learning the footage was automatically overridden.
SkyCity may be the first company to test the strength of AUSTRAC’s claims in court, according to a judge who recently said in a separate case that the regulator’s habit of agreeing to penalties could give rise to a “moral hazard”.
The Australian Broadcasting Corporation has won its “highly unusual” application to reinstate its defence in a defamation case by ex-commando Heston Russell, after dropping it earlier this week in a bid to protect a source’s identity.
The Commonwealth Bank has failed again to dismiss a case brought by customers who claim they were the victims of a money laundering scam known as cuckoo smurfing and had funds seized as proceeds of crime.
A Sydney law firm running group proceedings against Hyundai and Kia over allegedly faulty anti-lock braking systems has joined forces with a NY-based class action firm that achieved a settlement worth up to $955 million against the car manufacturers in the US.
Discount retail chain The Reject Shop has hit back at an underpayments class action, claiming store managers were not entitled to overtime and that their claims cannot be run as a class action.
The Full Court has rejected class action claims that the age pension discriminates against Indigenous Australians because of differences in life expectancy.
The Australian Broadcasting Corporation has dropped its only remaining defence in a defamation case by ex-commando Heston Russell over articles that alleged he was involved in war crimes, citing promises to protect a source’s identity.