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PwC sued for $32M over Pioneer Credit accounting advice
Financial Services 2023-10-31 11:41 pm By Cat Fredenburgh

Financial services provider Pioneer Credit has taken auditor PwC to court, claiming $32 million in loss and damages over its advice on how the company should value its financial assets.

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Palmers Oaky fire class action settles for $4.5M
Class Actions 2023-10-31 3:03 pm By Cindy Cameronne

A class action over a December 2019 fire that was allegedly ignited by welding work on a rural property in NSW and spread out of control has settled for $4.5 million.Ā 

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Court tosses lawsuit over $55M sale of Queensland shopping centre
Real Estate 2023-10-31 4:09 pm By Sam Matthews

A judge has thrown out a lawsuit over the $55 million sale of Queensland shopping centre brought by an arm of Elanor Investors Group, clearing the vendor and its agent of allegedly misleading or deceptive conduct.

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AGL units hit with $6M in penalties for emergency violations
Energy & Natural Resources 2023-10-30 11:18 pm By Sam Matthews

Two units of electricity giant AGL Energy will pay penalties totalling $6 million for being unable to make good on their promise to be on standby to release electricity to help prevent blackouts.

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Retrial means new trial in trade secrets case, judge says in parsing ‘ambiguous’ Full Court order
Intellectual Property 2023-10-30 11:16 pm By Sam Matthews

Construing an ā€œambiguousā€ order from the Full Federal Court, a judge has ordered a fresh trial in a trade secrets case that touched on the permissible scope of law firmsā€™ involvement in drafting expert reports.

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Melissa Caddick’s clients file class action against SMSF auditors
Superannuation 2023-10-27 8:57 pm By Cat Fredenburgh

Twenty-four former clients of Melissa Caddick who were defrauded out $24.5 million have filed a class action against the auditors of the self-managed superannuation funds they used to invest their retirement savings with the Sydney fraudster.

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Melbourne’s Block Arcade accused of infringing iconic tea room’s trade marks
Intellectual Property 2023-10-27 9:12 pm By Cindy Cameronne

The owner of Melbourne’s iconic Hopetoun Tea Rooms, which opened its doors in the Block Arcade in 1892, has sued the historic shopping arcade for allegedly mimicking its business by opening a near-identical cafe in the same location.

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NT government wins strike-out bid in racial discrimination class action
Class Actions 2023-10-27 10:34 pm By Cindy Cameronne

A class action against the Northern Territory government has been sent back to the drawing board, with a judge striking out allegations that its funding of Aboriginal interpreting services discriminated against people in a remote Indigenous community.

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GCOs canā€™t travel to NSW, appeals court says in Arrium class action
Class Actions 2023-10-26 12:41 pm By Cindy Cameronne

KPMG has lost the latest round in its fight to transfer a class action over the collapse of steel giant Arrium from Victoria to NSW, with an appeals court finding that a group costs order made in the case could not travel across the border.

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Surgeons lose appeal in breast implants class action
Appeals 2023-10-26 3:25 pm By Cindy Cameronne

A group of surgeons who worked for The Cosmetic Institute have lost a second bid to declass a representative proceeding on behalf of 13,500 patients who claim they were injured by botched breast augmentation surgery.

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