An appeals court has rejected Dexus’ challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
Herberts Smith Freehills has bolstered its real estate group, snagging a Corrs Chambers Westgarth partner with expertise in complex real estate transactions.
Mercedes-Benz has taken aim at an amended group definition in a class action over alleged defeat devices designed to cheat emissions testing, with a judge agreeing that it contains “ambiguities and circularities”.
A failed class action against Queensland utilities Stanwell and CS Energy can’t delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.
Herbert Smith Freehills and NY-based Kramer Levin have merged to form a world-first transatlantic and transpacific law firm.
The High Court has declined to hear radio manufacturer Hytera’s appeal of a finding that it misappropriated Motorola’s source code in a case of “substantial industrial theft”.
Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease’s “aggressive tax position” is seeking pro-bono representation after losing his lawyers.
Tamworth Regional Council has won its bid to be joined to an environmental group’s appeal of the approval for the controversial Hills of Gold wind farm.
A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail.