Law Firms

Before the decision in the Brambles case this week -- the first shareholder class action to succeed at trial -- the path to proving loss from disclosure breaches was a thicket of, well, brambles. Now after six consecutive losses, Justice Bernard Murphy has paved the way for plaintiffs to prevail.

Institutional asset manager IFM Investor was ready to sweep up Dexus' shares in Melbourne Airport operator APAC under a forced sale process triggered by a default notice for alleged confidentiality breaches, a court heard Tuesday.

Mastercard has hit back at the ACCC’s claims that it sought to prevent competition with EFTPOS through strategic agreements with large retailers, saying the deals were struck for “benign and pro-competitive” reasons. 

Bentleys Wealth is suing a former director and his companies alleging he poached clients after leaving the firm, in breach of his employment agreement and various duties. 

The partnerships of Ashurst and US firm Perkins Coie have voted to approve their merger, paving the way for the creation of a powerhouse firm with 3,000 lawyers across 23 countries with ambitions to lead the way on AI.

A unit of Wheaton Previous Metals has entered into an innovative $424 million (US$300 million) agreement that will help fund the construction of KGL Resources' Jervois copper project in the Northern Territory. 

The federal government has proposed a significant expansion of the foreign resident capital gains tax regime that will prohibit foreign investors from cashing out tax free on large-scale infrastructure projects on Australian land, with one major firm calling the proposed changes "unwelcome" and "alarming".

A tribunal has declined to approve a planned Veolia waste consolidation facility 220 metres from a residential area, after receiving hundreds of objections that expressed concerns about odour.

The Full Court has found that a pleading error in an underpayments class action against The Reject Shop which left it empty of group members can be fixed but that the amended pleading cannot be backdated.

A 27-year old cricketer who will be permanently bound to a wheelchair has won a $15.2 million judgment against a local council over its failure to install pedestrian gates at a convenient location near the cricket grounds, with a judge finding this led to players routinely jumping a fence to exit.