Gilbert + Tobin

Lawyers for tech start-up Dovetail want the Federal Court to suppress the details of a “scandalous” lawsuit brought against the company and its CEO by an in-house lawyer.

Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company’s promises.

DLA Piper has lured a finance partner from White & Case to join its Sydney office.

Gilbert + Tobin has snagged a Sydney-based Dentons partner to bolster its financial services regulatory group.

Maurice Blackburn is stuck paying $5.4 million in security in a flex commissions class action against Macquarie, with a judge saying it represents a “business risk willingly undertaken”.

The Australian operator of crypto exchange Kraken has been ordered to pay $8 million for failing to comply with design and distribution obligations.

Spanish infrastructure giant Acciona has lost its bid to transfer a dispute over a $511 million waste-to-energy facility in East Rockingham, with a judge finding no overlap with another matter in the Federal Court. 

A judge has made a class closure order in a shareholder case against software company Nuix and underwriter Macquarie Capital, but rejected a bid to keep the order in operation until trial.

Element Zero has denied claims that three former Fortescue employees, including one executive, misused confidential information and developed a green iron process on the company dime.

A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender’s costs, saying concerns about its borrowing capacity were “theoretical and speculative.”