Spain has been hit with a lawsuit seeking to enforce a $128 million arbitration award in a dispute over the country’s alternative energy investment policies, the fifth such lawsuit brought against the country in Australia.
Logistics company GetSwift and its directors have failed in a bid for a year-long delay of a trial scheduled to start next month in ASIC’s case alleging breaches of the Corporations Act, despite arguing that the procedural unfairness of a remote hearing gave the regulator a leg-up over the US-based company.
Arnold Bloch Leibler has been granted access to due diligence docs related to Slater and Gordon’s $1.2 billion acquisition of professional services firm Quindell, to use in its defence of a class action over advice it gave on the troubled acquisition.
The settlement of two shareholder class actions against sandalwood producer Quintis has been delayed after the company’s eleventh-hour revelation that it may have an extra $40 million in insurance.
Google has been ordered to pay Melbourne gangland lawyer George Defteros $40,000 after it was found to have defamed him by publishing a link to an article that implied he had “crossed the already blurred line” between being a criminal solicitor and being a confidant to his underworld clients.
The identity of a Big Six partner to whom a former AMP lawyer allegedly criticised her superior has been revealed in court during a heated exchange between the barristers in the unfair dismissal proceeding.
Two former clients of Johnson Winter & Slattery cannot split a trial in their negligence proceeding against the law firm and have had a subpoena set aside as “vexatious, oppressive and unfair”.
The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially sensitive documents until the law firms behind the class actions work out how their competing cases will proceed.
Grain handling group Viterra has been denied a post-hearing bid to reopen a lawsuit brought by Cargill Australia over its $420 million acquisition of Joe White, with a judge finding the application would lead to “substantial disruption and delay”.
The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking two years to settle a home owner’s hail storm claim.