Law Firms

A judge has ruled that IG Power is not required to reimburse Genuity $24.4 million in interest charged by its parent company on a $60 million loan to rebuild the Callide power station, finding the loan was intended to be interest free. 

Chevron wants a "tight" timeline in a legal challenge related to its Gorgon liquified natural gas project, telling a judge that it's spending $40 million a month to keep staff ready for the project.

A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the suit will provide guidance on the misuse of market power effects test.

A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.

Meridian Lawyers has nabbed an insurance litigator from Lander & Rogers who has worked on combustible cladding matters to co-head its professional and financial risk group. 

Commonwealth Bank and its former wealth management arm Colonial First State have agreed to pay $249 million to settle a class action worth $900 million that would have tested a novel theory of corporate responsibility with implications for companies’ use of AI.

A judge has suggested there may be merit in waiting for Johnson & Johnson to file a defence before deciding an application for a group costs order in a class action accusing the company of selling defective, carcinogenic talcum powder.

A judge has criticised the principal of boutique firm Adero Law for not doing enough to contact group members to share in a $19.25 million settlement in an underpayments class action against hospitality giant Merivale, including conducting a Google search.

A judge has allowed a mid-trial amendment in a shareholder class action over software company Nuix's 2020 public float on the ASX.