More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.
A judge has blasted the lack of progress in an investor class action against accounting firm PricewaterhouseCoopers and asset finance lender Axsesstoday over an allegedly misleading $50 million prospectus.
A judge has refused to recuse herself from hearing disciplinary proceedings brought against a barrister over complaints that she used âjudicially inappropriate wordsâ at an interlocutory hearing.
Last year brought economic growth and success for law firms, but 2021 was not only marked with good news. A slew of law firms were dragged into litigation by disgruntled ex-clients, with some paying out millions of dollars to resolve lawsuits accusing them of giving bad advice.
A Sydney-based barrister has been reprimanded for relying on his âgut feelingâ in making baseless accusations of misconduct against the principal of a law firm.
The New South Wales Bar Association has lost an appeal seeking a financial penalty and a professional reprimand against a Sydney barrister for his âpoorly judged, vulgar and inappropriateâ behaviour, with an appeals court finding damage to his reputation and a hike in his insurance premium dwarfed any punishment it could dole out.
Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it âtakes no responsibilityâ for allegedly defective offer documents.
The applicant in a class action against PricewaterhouseCoopers over a $50 million bond prospectus for asset finance lender Axsesstoday has dropped claims accusing the accounting giant of being involved in the company’s alleged misrepresentations.
A NSW barrister has been hit with an injunction for working without a valid practising certificate after a judge made a complaint to the Bar Association.
PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.