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Lawyers called out in damning report on Star Entertainment
Legal Ethics 2022-09-13 11:55 pm By Cat Fredenburgh

Senior lawyers for Star Entertainment have been called out by the NSW gambling regulator for gumming up investigations with unfounded claims of legal professional privilege and misleading the National Australia Bank about transactions that used China Union Pay debit cards.

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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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Fuji Xerox, EY settle suit over $450M accounting scandal
Accounting 2022-09-01 11:44 pm By Sam Matthews

Fuji Xerox and Ernst & Young have settled a lawsuit over $450 million in alleged accounting irregularities that also ensnared an EY partner and two senior Fuji executives.

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‘Alarming consequences’ if each building warranty breach creates new claim, court says
Construction 2022-08-26 11:27 pm By Sam Matthews

A judge has ruled that separate breaches of statutory building warranties do not create individual causes of action, in a win for an owners corporation bringing claims against the builder of an allegedly defective Haymarket apartment building.

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Mercedes canā€™t shield board minutes in $650M dealer lawsuit
Competition & Consumer Protection 2022-08-17 1:04 am By Cindy Cameronne

Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model have won access to board meeting minutes and related correspondence sent to the company’s top brass.

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Ex-Fuji Xerox execs settle suit over $450M accounting scandal
Accounting 2022-08-11 11:42 pm By Cat Fredenburgh

Two former executives at Fuji Xerox’s Australian unit have settled a lawsuit over their roles in a $450 million accounting scandal that has also ensnared auditor Ernst & Young.

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Mercedes ā€˜laid openā€™ its legal advice in $650M dealer lawsuit, court told
Competition & Consumer Protection 2022-08-10 10:02 pm By Cindy Cameronne

Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model are seeking to access legal advice given to the car manufacturer on non-renewal notices at the heart of the case.

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HWL Ebsworth accused of providing bad legal advice to Hong Kong developer
Real Estate 2022-08-09 11:05 pm By Sam Matthews

A Hong Hong-based developer has accused HWL Ebsworth of failing to advise that by using a foreign-domiciled vehicle to purchase a share in a lender that provided mortgages to overseas buyers in two of Melbourne’s biggest developments it would subject the mortgages to Foreign Investment Review Board review.

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ā€˜Tear it upā€™: Judge censures silk in $650M Mercedes-Benz dealer lawsuit
Trials 2022-08-08 11:31 pm By Cindy Cameronne

A court has directed a senior barrister acting in a $650 million lawsuit against Mercedes-Benz to ā€œtear upā€ a letter his instructing solicitors sent concerning the judge’s ownership of a Mercedes vehicle, and said he was “surprised” the counsel signed off on it.

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Silk’s cancellation fee not recoverable after vacated trial
Business of Law 2022-08-08 4:29 pm By Sam Matthews

A judge has declined to pass on a senior barristerā€™s $18,000 cancellation fee as part of an adverse costs order for a vacated trial, noting that such fees are not standard or common practice.

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