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An accountant who was kicked out of an Australia and New Zealand accounting association after a court found he sexually harassed a colleague has failed to win readmission after being unable to find an eligible member who could vouch for him in a character reference.
Law firm Herbert Smith Freehills has attacked a lawsuit brought by a group of lenders against collapsed steel giant Arrium, rejecting claims that $430 million in loans was borrowed under misleading or deceptive representations.
The former group treasurer of collapsed steel giant Arrium has hit back at claims brought by the company's liquidators that it was trading while insolvent, arguing the case had been 'infected' by evidence from an expert who was also a plaintiff in the case.
Doomed iron and steel giant Arrium attempted to stave off its inevitable $2.8 billion collapse and put off negotiating with its lenders until the last minute despite warnings from its legal and financial advisors, liquidators for the company told the court.
Directors of steel producer Arrium continued to borrow money from "vulnerable" lenders in the months prior to the company's $2.8 billion collapse and "bled cash" despite the inevitable end, a number of lenders have said on the first day of a 40-day trial in the NSW Supreme Court.
Pelvic mesh device maker Astora Women's Health is weighing whether to make admissions in a class action over allegedly defective products in light of a similar, high profile class action brought against Johnson & Johnson unit Ethicon over the devices.
For two and a half years, law firm Baker McKenzie represented a client in class action litigation over allegedly defective pelvic mesh products that did not exist, a court has heard.
The rejection of a $27 million settlement offer in a class action over American Medical Systems' pelvic mesh products may be included in a proposed opt out notice, with a judge mulling whether to inform group members about a little used law which allows one lead applicant to take over from another.
Two high stakes lawsuits brought by a2 Milk Company against rival dairy producers over the use of a2 as a trade mark are "very likely" to reach resolution next week, a court has heard.
IT giant Hewlett-Packard Australia has lost its appeal of a judgment requiring it to cough up $370,000 in unpaid commissions to a former sales executive after a court found the company was not entitled to retrospectively cap her incentive payments 'at whim'.