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JWS recruits ESG expert from Corrs Chambers Westgarth
Johnson Winter Slattery has snagged a special counsel from Corrs Chambers Westgarth to meet heightened demand for advice on climate change, sustainability and ESG issues.
King & Wood Mallesons settles negligence lawsuit by Halifax
King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.
Merivale to pay $18M in underpayments class action settlement
Merivale will fork over $18 million in a proposed settlement to resolve an employment class action against the hospitality giant, of which $8.6 million is sought to be deducted in legal fees and a funder's commission.
SARB scores partial win on appeal in Melbourne city parking patent case
Technology company SARB has partially succeeded in a challenge to a ruling that it infringed a rival's intellectual property in its development of a parking system used by the City of Melbourne, with an appeals court finding a judge made an error in his reading of the claims of one patent at issue.
Merivale settles underpayments class action
Hospitality giant Merivale has agreed to settle an underpayments class action alleging it failed to pay workers amounts owed for overtime hours worked.
Top 10 class action settlements of 2023
Companies and government entities paid out less to settle class actions in 2023 than in the previous two years, with no mega settlements hitting their pocketbooks.
Rival law firms will cooperate on Qantas class action after judge says both ‘at fault’
Two law firms running competing class actions against Qantas over flight cancellations during the COVID-19 pandemic have agreed to cooperate after a judge took them to task for revising their funding positions in the lead up to a courtroom battle.
Funders’ cut, legal fees to eat up half of $40M RCR Tomlinson class action settlement
The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut of a $40 million settlement. A further $12 million in legal fees means shareholders will get 50 per cent of the settlement sum.
ANZ appeals disclosure breach finding over $2.5B share placement
ANZ will appeal a ruling that it breached its continuous disclosure obligations when it failed to inform the ASX of a bailout by the underwriters of a 2015 institutional share placement.
ANZ hit with $900,000 penalty for share placement disclosure failures
ANZ's failure to disclose a bailout by banks underwriting a $2.5 billion share placement has resulted in a penalty of less than $1 million, ending an eight-year saga that included an aborted criminal trial.