Hicksons Lawyers

Barrister Charles Waterstreet has been reprimanded and banned from practising for one year after he was found guilty of unsatisfactory professional conduct for harassing three women.

A tribunal has recommended that a Sydney solicitor be struck from the roll after finding him guilty of professional misconduct for sending numerous profane emails to a Mills Oakley solicitor during a dispute, noting the “unrelenting stream of discourteous, insulting or offensive correspondence” directed to the tribunal. 

A judge has approved a $8.25 million settlement in a class action against PricewaterhouseCoopers brought by Axsesstoday bondholders over an allegedly misleading bond prospectus.

PricewaterhouseCoopers has agreed to pay $8.25 million to settle a class action on behalf of Axsesstoday bondholders over an allegedly misleading bond prospectus, bringing the settlement total to $9.5 million after a group of insurers agreed to pay $1 million to settle the class action’s claims.

A class action on behalf of Axsesstoday bondholders has reached a settlement with accountants PricewaterhouseCoopers, with a court hearing that group members will get almost 50 per cent of the proceeds. 

A judge has allowed a coal mine truck driver to bring claims as much as five years out of time against Mt Arthur Coal and Chandler Macleod over alleged bullying by a colleague, finding the delay in bringing the case was justified by a period of disability which left the worker “severely impaired in her capacity to pursue any litigation”.

Approving a settlement between insurers and group members in an investor class action against lender Axsesstoday, a judge has aired his frustration with expansive confidentiality provisions and deeds that “misapprehend the nature of the court’s role” in dealing with group members’ claims. 

Four insurers have agreed to fork over $1 million to settle an investor class action against lender Axsesstoday over an allegedly misleading prospectus for a bond offering, while claims against PricewaterhouseCoopers will move forward.

A class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers has reached an in-principle settlement with the lender’s insurers.

A tribunal has found prominent barrister Charles Waterstreet guilty of unsatisfactory professional conduct for sexually harassing three women, but declined to find he was unfit to practice after accepting expert evidence that undiagnosed mental illness “was the dominant causal factor” behind his actions.