Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company’s promises.
Wealth guru Dominque Grubisa wants the High Court to overturn a finding that she had actual knowledge her company’s statements were misleading, saying the case raises unresolved questions about accessorial liability.
The largest KFC franchisee in Australia has been ordered to pay damages to a former breastfeeding manager after a tribunal found she had to express milk under a tent in a doorless storeroom.
Allens has bolstered its real estate team with the recruitment of a long-time Clayton Utz partner to join its Sydney office.
Real estate lawyer Vicki Aron has joined Clayton Utz’s Sydney office as a partner after seven years at Ashurst.
The liquidators for landbanking company Aviation 3030 can recover half of a $3.4 million landholder duty from a former director, after a judge found they reaped benefits from indirect ownership in land sold for $135 million in 2018.
Mineralogy has lost its bid for expanded discovery from CITIC in a case seeking to compel the Clive Palmer-owned tenement owner to file expansion proposals allegedly needed to maintain production at a Pilbara iron mine.
Law firm HFW has welcomed former Herbert Smith Freehills energy M&A partner Graeme Gamble to its Perth office.
3M is now facing two class actions in Victoria, after being hit with a case on behalf of ADF members who claim they suffered hearing loss from using defective combat earplugs.
Chemical manufacturer 3M is facing a class action alleging it sold products containing hazardous materials known as PFAS without disclosing the risks they posed.