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Pitcher Partners loses second bid to toss $127M Twigg family lawsuit
Professional Negligence 2023-08-23 3:40 pm By Cindy Cameronne

Pitcher Partners has lost its appeal of a decision that refused to stay a lawsuit over the accounting firm’s alleged involvement in race car driver Max Twigg’s misappropriation of $127 million from his family. 

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Ex-G8 Education chair suffers another loss in challenge to ASIC examination
Corporate 2023-08-22 10:29 pm By Sam Matthews

Former G8 Education chair Jennifer Hutson has lost an appeal of a decision that found she was not unlawfully examined by the corporate regulator over the childcare company’s $162 million hostile takeover bid for Affinity Education Group.

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AMP to pay $110M to settle shareholder class action
Class Actions 2023-08-21 11:30 am By Cindy Cameronne

A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million. 

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Deloitte partner in court fight with builder over Balmain reno costs
Construction 2023-08-18 11:59 pm By Cindy Cameronne

A Deloitte partner has brought legal action against a Sydney builder over variations to a $1.5 million contract to renovate his house in the waterfront suburb of Balmain, claiming the increases were meant as “cash support” for the construction business. 

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Novartis can’t have separate trial on blood pressure drug invalidity claim
Intellectual Property 2023-08-18 10:04 pm By Cindy Cameronne

Novartis has lost its bid to have Pharmacor’s claim that its patent for a blood pressure drug is invalid decided ahead of a main trial where the Swiss pharmaceutical giant will allege the generic drug maker is threatening to infringe its patent. 

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ASIC loses appeal in CBA conflicted remuneration case
Financial Services 2023-08-17 10:32 am By Cindy Cameronne

ASIC has lost its challenge to findings that a revenue sharing arrangement between the Commonwealth Bank of Australia and former subsidiary Colonial First State Investments did not breach conflicted remuneration provisions of the Corporations Act.

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Nursing home class actions try again for insurance docs
Class Actions 2023-08-17 11:32 pm By Cat Fredenburgh

Two class actions against Victorian aged care providers on behalf of families of residents who died due to alleged failures during the COVID-19 pandemic have appealed a ruling that rejected their bid for insurance and financial information to assist in mediation.

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Court approves ‘lower end’ settlement in public housing class action
Class Actions 2023-08-17 9:36 pm By Sam Matthews

A judge has approved a $5 million settlement in a false imprisonment class action against the state of Victoria on behalf of residents of nine public housing towers over COVID-19 lockdowns, despite noting it “falls towards the lower end of the spectrum”.

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Court strikes out pilot’s claims that Qantas workplace was ‘hostile to women’
Employment 2023-08-16 9:08 pm By Cat Fredenburgh

Qantas has succeeded in attacking claims that it created a workplace that was “hostile to women”, leveled in a former female pilot’s sex discrimination and sexual harassment lawsuit.

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Chatime boss liable for underpayments despite ignorance of unlawful activity, court says
Employment 2023-08-16 9:19 pm By Christine Caulfield

A court has found the managing director of teahouse franchise Chatime liable for the underpayment of staff, despite accepting that he believed the company’s wage system was not unlawful.

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