HWL Ebsworth has lost a discovery spat in a case by clients who allege the firm and one of its former partners are liable for “lost money” in connection with property developer Belmore 88.
An appeals court has overturned a ruling that HWL Ebsworth invalidly expelled a capital partner in 2020 and rejected claims the firm improperly sought to exclude him from a proposed IPO.
A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.
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.
A former capital partner at HWL Ebsworth has lost his argument that he remained in the firm’s partnership until last month, after a judge found he was invalidly expelled in 2020.
HWL Ebsworth has argued a former capital partner who was found to have been invalidly expelled in 2020 cannot claim a share of the law firm’s profits from then to now, saying he could not reap the benefits of partnership without the “burdens”.
A judge has ruled that HWL Ebsworth invalidly expelled a former capital partner, finding that the expulsion, which prevented him from participating in a planned float of the firm on the ASX, breached the partnership deed.
A former HWL Ebsworth capital partner alleging he was unlawfully expelled and excluded from a planned float on the ASX has argued HWLE’s late managing partner, Juan Martinez, thought the firm could “hire and fire at will” without giving proper reasons.
A judge has approved a confidential settlement in a class action on behalf of 383 apartment owners in Sydney’s Opal Tower but slashed the amount sought by the funder.
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.