Baker McKenzie

A Sydney trader has brought an unfair dismissal case against CMC Markets, alleging his manager threatened his job and life after he complained about a shortfall in bonuses totalling more than $500,000.

A unit of construction company Fletcher Building has been hit with a class action over its Pro-Fit pipes, which have been blamed by Western Australian builder BGC for plumbing failures in thousands of Perth homes.

A judge has rejected Lendlease’s argument that Queensland building legislation does not apply to cross-border works carried out at Gold Coast Airport, saying the builder’s construction of the law would require a “bolt-by-bolt” analysis of construction work.

In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-General’s argument that a contingency fee order is a neutral factor in assessing the accounting firm’s bid to move the case from Victoria. 

Jones Day has bolstered its financial markets practice with the addition of a former Baker McKenzie special counsel. 

Fund manager Real Asset Management has appealed a ruling which upheld mortgage broker RAMS’ bid to block the registration of two RAM trade marks. 

Veteran corporate lawyer Jim Peterson has left Baker McKenzie to join the Clayton Utz team as a legal consultant in Brisbane.

The NSW Supreme Court would have the power to deal with a contingency fee order made in a class action against KPMG if the accounting firm won its application to move the case from Victoria, making the existence of the order a neutral factor in the transfer bid, the federal Attorney-General has told the High Court.  

The ACCC has raised concerns that Singaporean agricultural giant Olam Agri Holding’s bid to acquire ASX-traded cotton ginner Namoi Cotton could reduce competition and stick cotton farmers with higher prices, one month after flagging similar concerns with Louis Dreyfus’ competing takeover proposal. 

The High Court has dismissed an appeal of a decision which found Indonesia’s national airline could avail itself of foreign state immunity to defeat a winding up application.