Law Firms

A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.

Washington H. Soul Pattinson has agreed to sell Brickworks' interests in its industrial property joint ventures with Goodman Group for $1.89 billion, following last year's merger between Soul Patts and Brickworks.

A judge has refused a bid by the director of property developer Vantager to stay orders to sell his property while he appeals a decision finding him liable for a “brazen fraud” after a $45 million sale was negotiated for a Denham Court property that was only worth $10.8 million. 

The lead shareholder in class actions against CBA has urged the High Court to take a "common sense" approach to loss causation in securities cases, as endorsed by the Full Federal Court in last month's ruling for Worley's investors.

US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta. 

A judge has rejected Hall & Wilcox's bid to narrow the terms of the court's inquiry into whether legal advice it provided to defunct construction group Hastie was reasonable, before a costs assessor weighs in on the firm's $18.6 million legal bill. 

HopgoodGanim has hired a lawyer from Corrs Chambers to join its real estate and development team as a special counsel in Brisbane. 

Lawyers for radio personality Jackie 'O' Henderson are seeking to keep October trial dates for her showdown against former employer ARN after her former co-host Kyle Sandilands settled his case against the company for $12 million.

Clayton Utz has promoted five senior lawyers to its partnership, including a class actions specialist, the smallest round of promotions this year among the Big Six. 

Asset Energy has failed in its bid for judicial review of the denial of an extension for a permit for its PEP11 gas exploration project off the Hunter coast in NSW.