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Investment firm WAM Active sued by largest shareholder Keybridge
Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution appointing Keybridge's Nicholas Bolton to its board was passed and effective.
Maddocks fights $13M judgment, says negligence was ‘marginal’
Appealing a $13 million damages judgment for negligent advice to a former client that allegedly led to a botched sale and administration, law firm Maddocks told a court Monday the business had “miniscule” chances of surviving even if the sale had been successful.
‘Regime has provided access to justice’: Judge OKs $56.3M Colonial class action settlement
A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn earn $14.5 million in costs, saying it was a good example of the class action regime in operation.
Peter Dutton takes ‘rape apologist’ defamation case to High Court
Opposition leader Peter Dutton has asked the High Court to overturn an appeals court judgment that found a tweet labelling him a "rape apologist" was not defamatory.
Ex-Sydney Symphony CEO denies sending ‘hit job’ media release
Former Sydney Symphony CEO Emma Dunch has struck back at the orchestra's argument that she can't claim she was terminated for investigating claims of sexual harassment after telling the media she was the victim of a politically motivated "hit job" for seeking funding from the NSW government.
Herbert Smith Freehills eyes tax law leader status with partner sweep
As it severs ties with specialist outfit Greenwoods, Herbert Smith Freehills has brought on three tax law experts as part of the firm's plans to beef up its commercial tax practice.
High Court won’t hear argument for $100M judgment against Adani over Abbot Point fees
The High Court has declined to review an appeals court decision that overturned a $106 million judgment against a unit of Indian conglomerate Adani Group over access charges for its Abbot Point coal terminal.
7-Eleven class action funder wins first-ever interim payment from settlement
A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.
Albanese government welcomes class action funder’s defeat of MIS regulation
The federal government said Friday it would consider the implications of an appeals court's finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.
Legal privilege over jab mandate advice waived with counsel’s failure to object, court says
A judge has ruled that a senior Queensland police official waived legal professional privilege during cross examination, allowing the plaintiffs in a mandatory COVID-19 vaccination challenge to see legal advice about the jab direction by the Crown Solicitor.