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The managing partner of a leading plaintiff law firm has agreed to drop his case against a Melbourne law firm, which he claimed failed to properly advise him on an agreement that barred him from selling his shares in Slater & Gordon before the firm's share price plummeted in 2015.
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.
Subcontractor EnerMech has won an appeal in its fight against Acciona over a $10 million progress payment for work on the Westconnex M4-M5 link, with an appeals court finding the question of whether EnerMech's claim was a payment claim for construction work was a matter for an adjudicator, not the court.
Although carefully reasoned, last week's landmark judgment by the Full Federal Court finding power to grant contingency fees to class action solicitors has placed the question of statutory authority to award settlement common fund orders on more unsteady ground than before, experts say.
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.
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.
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 judge has declined to toss most of the claims brought against a crypto trading company by a former director, despite finding the director’s case “is not an easy one”.
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.
An appeals court has rejected a challenge by a woman who said she was given negligent advice by her lawyers about two settlement offers which she rejected, finding that she would not have taken advice to accept the offers in any case.