A law firm partner has avoided personal liability for costs after expert reports were filed late in a dispute with developer Mirvac over alleged defects in a Sydney apartment complex, having walked back an appeal to “competing commitments” that didn’t wash in court.
In a first for a Big Four firm, PwC has made good on its promise to appoint an independent chair to its board and has tasked law firm Webb Henderson and former top judge with tracking its progress on other commitments made in the wake of its tax leaks scandal.
A judge has struck out an allegation by the builder of Sydney’s Opal Tower that insurer Liberty Mutual breached its duty of good faith and has warned Icon to carefully consider whether to re-plead the claim.
The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.
Johnson Winter Slattery has appointed a technology and communications specialist, bolstering the ranks of its team in Sydney.
A Gadens-led class action against former Quintis director Frank Wilson has settled, but a second class action filed by a rival firm has flagged a potential claim on the settlement funds over a cause of action said to have been “picked up parasitically”.
Plaintiff firm Maurice Blackburn will foot the bill for the unsuccessful class action against Monsanto over weed killer Roundup, but the company’s reluctance to split the trial in two has come back to bite it.
Regional air carrier Rex Airlines has filed for voluntary administration after failing to compete with Qantas and Virgin on major routes.
The Full Federal Court has revived an out-of-time defamation case over an episode of A Current Affair, finding that it would not have been reasonable to file the proceedings within a year given the “spectre of criminal proceedings” against Queensland man Geoffrey Landrey.
Sydney-based wealth guru Dominique Grubisa has been banned from managing corporations for 18 months after an ASIC investigation found two companies she managed owed more than $300,000 to creditors.