PricewaterhouseCoopers is facing a lawsuit by the executor of a deceased estate alleging the accounting firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities for the deceased’s $100 million in assets.
Investment firm London City Equities is seeking to have fellow publicly traded firm Excelsior wound up for alleged shareholder oppression over its decision to sell off a subsidiary for $101 million and not distribute the proceeds.
PricewaterhouseCoopers has struck back at claims in a Fair Work suit brought by a graduate associate, denying liability for the alleged sexual harassment by the woman’s manager at multiple Sydney bars.
ASIC has brought proceedings against renewables company Magnis Energy Technologies and its executive chairman for allegedly misleading the market about the capabilities and funding for the company’s “flagship” battery production facility in New York.
A US-based animal genomics company has taken Australia’s leading livestock and dairy groups to court, alleging they have infringed its patent for a system for conducting genetic testing on beef and dairy cattle by doing genetic testing without a licence.
The owner of Rebel Sport is facing a $50 million lawsuit by two former employees who allege CEO Anthony Heraghty carried on a secret relationship with the retailer’s former chief human resources officer.
The entity in charge of a $511 million waste-to-energy plant south of Perth has filed a second lawsuit against Acciona, accusing the Spanish infrastructure giant of withholding $38.6 million in bank guarantees to use as leverage in unrelated disputes about the troubled project.
Clorox has been taken to court for alleged greenwashing, with the ACCC claiming the consumer goods giant misled customers into believing that a line of its GLAD trash bags were sourced from plastic recycled from the ocean.
ASX-listed gourmet food company Maggie Beer has been dragged to court by the founders of Hampers & Gifts Australia over a $10 million earnout that was part of a $40 million agreement to acquire the e-commerce company in 2021.
PricewaterhouseCoopers has been sued by an employee who alleges the accounting firm is vicariously liable for an alleged sexual assault by a co-worker after an end-of-financial-year work party.