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ISignthis sues ASX over suspension, says exchange went ‘looking for a problem’
Securities 2019-12-05 11:22 pm By Cat Fredenburgh

Melbourne-based fintech company ISignthis is taking the Australian Stock Exchange to court for refusing to lift the suspension of its shares and allegedly digging for confidential information to “find a problem”.

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Engineer blamed for design defects in Opal Tower class action
Class Actions 2019-12-05 10:55 pm By Cat Fredenburgh

The construction company behind Sydney’s Opal Tower has filed a cross claim seeking $30 million from structural architect WSP Structures over its allegedly faulty building design.

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Struggling tech firm Irexchange accused of misleading shareholders in new suit
Securities 2019-11-27 3:55 pm By Christine Caulfield

Troubled retail technology firm Irexchange is accused of misleading shareholders through three different capital raising offers, according to a new Federal Court case brought by investors who sunk over $4.5 million into the company.

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HWL Ebsworth says it axed partner for lying about printouts
Business of Law 2019-11-21 9:36 pm By Miklos Bolza

HWL Ebsworth claims it was justified in firing a former partner for being dishonest about why he printed out confidential material, as the firm challenges a $450,000 unfair dismissal judgment.

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GIlbert + Tobin opposes fix to Charif Kazal’s ‘incomprehensible’ lawsuit
Contracts 2019-11-20 2:45 pm By Miklos Bolza

Gilbert + Tobin is seeking to shut down a lawsuit brought by a firm owned by Sydney business owners Charif and Tarek Kazal after the Federal Court gave the company one last chance to fix what a judge called the “simply incomprehensible” pleadings.

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NAB admits to violating Credit Act with ‘Introducer’ program
Financial Services 2019-11-18 11:40 pm By Cat Fredenburgh

The National Australia Bank has admitted to most of the violations alleged in the Australian Securities and Investments Commission’s case over the bank’s $24 billion scandal-ridden ‘Introducer’ loan referral program.

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Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Restructuring & Insolvency 2019-11-15 10:33 pm By Christine Caulfield

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.

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Ex-Murray Goulburn execs say judge should not disqualify them again
Securities 2019-11-13 11:27 pm By Miklos Bolza

The former chief financial officer of Murray Goulburn has asked a judge to relieve him from any disqualification order sought by the corporate watchdog in its case over his alleged role in the milk supplier’s continuous disclosure breaches, saying he is already the subject of orders that ban him from the dairy industry.

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IP firm pursues potential lawsuit against HWL Ebsworth
Business of Law 2019-11-13 10:34 pm By Miklos Bolza

A specialist IP law firm has launched preliminary discovery proceedings against HWL Ebsworth after one of its lawyers jumped ship.

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Class action puts pressure on Icon for speedy resolution of Opal Tower insurance case
Class Actions 2019-11-12 4:23 pm By Miklos Bolza

Construction firm Icon Co has pressed the Federal Court for an expedited hearing in its case against insurers Liberty Mutual Insurance and QBE over the 2018 Opal Tower disaster, saying it wants to resolve the matter before a class action brought by apartment owners in building progresses too far.

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