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Westpac gets lion’s share of proceeds from ‘anxious’ sale of collapsed fintech Sargon Group
Restructuring & Insolvency 2021-04-26 4:04 pm By Miklos Bolza

Westpac will recoup the majority of proceeds from the $29.6 million sale of collapsed fintech Sargon Group, with a judge calling the company’s liquidators “anxious sellers” who sold at speed and well below market value.

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Fairfax can’t add new claims of ‘very serious criminal misconduct’ in Ben Roberts-Smith’s case
Defamation 2021-04-23 5:33 pm By Cindy Cameronne

A judge overseeing Ben Roberts-Smith’s defamation case against Fairfax has refused a bid by the publisher to bolster its defence with further allegations of criminal conduct by the soldier, who told the court Friday former Governor-General Quentin Bryce will give evidence for him at the upcoming trial.

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Ben Roberts-Smith flags ‘serious concerns’ about potential unlawful conduct by Fairfax
Defamation 2021-04-22 5:27 pm By Cindy Cameronne

Ben Roberts-Smith has raised “serious concerns” in his defamation case against Fairfax that the media company may have unlawfully published classified material he allegedly buried in his backyard, with the war veteran asking for an explanation of where it came from.

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ACCC to fight production of JPMorgan witness statements in ANZ cartel case
Competition & Consumer Protection 2021-04-22 5:02 pm By Cat Fredenburgh

The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial “before we all retire” will soon weigh the ACCC’s claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.

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DLA Piper picks up IP partner from MinterEllison
Intellectual Property 2021-04-21 7:07 pm By Cindy Cameronne

DLA Piper has snagged a leading technology partner from rival MinterEllison to join its intellectual property and technology practice.

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Slater & Gordon pushes back against ‘onerous’ discovery in Arnold Bloch Leibler class action
Class Actions 2021-04-16 3:03 pm By Cindy Cameronne

Slater & Gordon has argued discovery is becoming “unduly onerous” in a cross-claim filed by Arnold Bloch Leibler in a class action accusing the law firm of breaching its duty of care by greenlighting Slate & Gordon’s $1.2 billion acquisition of Quindell.

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Gaming watchdog dragged into Crown class action over Chinese gambling crackdown
Class Actions 2021-04-15 4:16 pm By Miklos Bolza

Victoria’s gaming regulator may seek to block access by a shareholder class action against Crown Resorts to transcripts of interviews with Crown employees about a Chinese gambling crackdown that resulted in the jailing of 19 employees in 2016.

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Ben Roberts-Smith accused in court of ‘deliberate concealment’ of docs, as AFP confirms probe
Defamation 2021-04-14 9:58 pm By Christine Caulfield

News publishers facing a defamation suit by Ben Roberts-Smith have called on the war veteran to explain alleged “deliberate concealment” of documents relevant to the case, as the Australian Federal Police reveals they are investigating claims he buried evidence.

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Forge directors fail to explain need for multiple law firms in liquidators’ case, judge says
Banton Group 2021-04-14 2:15 pm By Miklos Bolza

A judge has slashed security for costs sought in a case brought by the liquidators of engineering and construction company Forge Group after the former directors targeted in the action failed to explain why they had retained multiple law firms.

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Court orders G8 class action plaintiff to remove redaction from costs agreement
Class Actions 2021-04-12 11:00 am By Miklos Bolza

A judge has ordered the lead applicant in a shareholder class action against G8 Education to disclose a previously redacted clause of a costs agreement to the childcare centre operator, saying he failed to show how supplying the information would give G8 a tactical advantage in the case.

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