The accounting firm at the centre of a class action over failed music streaming platform Guvera has hit back at claims it was negligent in promoting an investment opportunity in the failed tech company.
A judge has signed off on a $2.5 million settlement of a class action against the developers of the Governor Place residential complex in Canberra brought by apartment owners over the GST payments on their units, with the funder of the proceedings to earn $1.9 million.
The son of controversial funder and lawyer Mark Elliott has been joined to proceedings alleging the lawyers behind the Banksia Securities class action conspired to pocket excessive fees in the case, after a court heard there was a “litany” of evidence he was party to the alleged fraudulent scheme.
Australian auto electronics company Directed Electronics is seeking at least $18 million from truck company Isuzu for allegedly breaching a contract for the supply of a new audio visual unit and aiding a former employee’s alleged theft of company information.
A former Qantas customer service manager has appealed a ruling blocking her from pursuing a disability discrimination case against Maurice Blackburn alleging the law firm put pressure on her to settle her workers compensation case against the airline.
A court has found that a costs agreement between national law firm Mills Oakley and a client defending a lawsuit over a share dispute was void because the firm failed to provide adequate disclosures, with the final legal bill exceeding the firm’s estimate by over $100,000.
Disgraced senior counsel Norman O’Bryan and the son of deceased lawyer Mark Elliott are among the targets of a summons for $7 million in legal bills racked up in the fight over commission and costs in the Banksia Securities class action, a fight that has already claimed the career of O’Bryan and another barrister.
Two insurance companies have been joined as respondents to a class action against forestry giant Gunns over the failure of six managed investment schemes for eucalyptus wood in Tasmania.
A court has ordered the winding up of Askk Investment Group and the unregistered managed investment scheme it operated in Beveridge, Victoria, that raised more than $11 million from investors.
Consumer goods giant Procter & Gamble has dropped a lawsuit accusing competitor Colgate-Palmolive of breaching consumer laws by making false claims about the performance of its whitening toothpaste that threatened to push its own brand of whitener off the shelves.