White & Case has snapped up an IT and IP expert from Bird & Bird, citing the increasing need for technological expertise in M&A and private equity transactions.
Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog’s allegations that staff pressured customers into buying phones they couldn’t afford.
A judge has rejected GM’s “back door” bid for indemnity costs from the lead applicant in a failed class action over its decision to retire the Holden brand because each group member had rejected a settlement offer before the case commenced.
Contesting $17.8 million in fees billed by law firm Hall & Wilcox, the liquidators of collapsed engineering firm Hastie Group have told a court there was no written costs agreement between the parties.
Developer Infinity can’t stay a case by the liquidators of collapsed developer Crown Group seeking to sell the land for their failed joint venture for a luxury residential tower in Melbourne’s Southbank, with a judge finding a dispute resolution clause in their agreement was too vague to be enforceable.
A judge has raised concerns that if he grants orders sought by the administrators of collapsed builder Sharvain Facades to delay a creditors meeting, it will prioritise the interests of its creditors over those of Roberts Co.
An appeals court has ruled against developer Universal, which resisted a payment claim under the SOP Act, saying it couldn’t raise a defence pointing to the contract after failing to serve a payment schedule.
A judge has found that the former liquidator of developer North Shore did not rely on an appraisal of a residential block in settling a dispute over the alleged uncommercial sale of four units in a Lane Cove development, despite finding it was likely not a genuine document.
The purported purchaser of two off-the-plan penthouses in a Newstead high-rise has won his suit against the developer, who sold the apartments to someone else for more than double the contract price.
Blockchain mining company NGS Crypto has consented to orders sought by ASIC amid concerns that hundreds of Australians who sank $21.1 million into the business were misled about the safety of their investments. The Australian Securities and Investments Commission took NGS Crypto Group and its Australian subsidiaries to court, seeking orders winding up the companies,…