The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm’s bad advice over property in Parramatta’s ‘Auto Alley’ cost it $2 million.
HWL Ebsworth has won indemnity costs against a former client who alleged the firm gave negligent advice over property in Parramattaâs ‘Auto Alley’, with a court saying the client was the âauthor of the outcome about which it complainsâ by rejecting a $1.35 million settlement offer.
G&S Engineering and its parent company, DRA Global, can redact what a court has found is privileged information provided in a witness statement by a former top executive, in the latest interlocutory stoush ahead of trial in a high stakes dispute with MACH Energy.
The High Court has been asked to weigh in on whether a client needs to prove it could have exploited a lost commercial right in order to prevail in a law firm negligence case, after HWL Ebsworth successfully appealed a decision that found its bad advice over property in Parramattaâs ‘Auto Alley’ cost a client $2 million.
Law firm HWL Ebsworth has successfully appealed a decision finding that its negligent advice over property in Paramattaâs ‘Auto Alley’ cost a client $2 million, with an appeals court finding the commercial opportunity lost by the client had no value.
A judge has ruled that HWL Ebsworthâs negligent advice over property in Paramattaâs ‘Auto Alley’ cost a client $2 million, rejecting the firmâs plea of contributory negligence against the owner.
HWL Ebsworth has admitted it gave a client negligent advice over property in Paramattaâs ‘Auto Alley’ but said the ownerâs alleged $3.5 million loss was not caused by the law firmâs mis-step in a transaction with companies linked to the defunct Dyldam Developments.
A judge has approved a settlement with former directors of collapsed advisory firm Linchpin Capital under which insurer RiverStone will pay $6.3 million, which will be used to fund the investor class actionâs claims against AIG.
The applicant in an investor class action over the collapse of advisory firm Linchpin Capital and Endeavour Securities has raised concerns about the authenticity of Linchpin’s business records, which it wants to put into evidence at trial in two months.
A judge overseeing an investor class action over the collapse of advisory firm Linchpin Capital has questioned whether he has to âeffectively second guessâ a law firm’s advice given to group members about a partial settlement.Â