The lead applicant in a shareholder class action against Crown Resorts is considering alternative options for examining 18 former jailed employees after an appeals court found communication with the employees was impermissible given confidentiality agreements they had with Crown.
Engineering firm Adcon has failed in a bid to block developer Icon from accessing a $396,000 bank guarantee after delays in the development of the Botanic Melbourne residential apartment complex.
The High Court will not hear a challenge to a ruling that found two companies previously run by Joseph “Diamond Joe” Gutnik and his family were insolvent.
The power of courts to choose a single winner from a contest of competing class actions is not the likely target of the High Court in taking up a challenge to last year’s beauty parade of shareholder proceedings against AMP, but the analysis behind the decision to award Maurice Blackburn the prize could face scrutiny, experts say.
The Federal Court has found that Fuchs Lubricants infringed two patents owned by Quaker Chemicals by supplying hydraulic fluid to a Queensland mine owned by BHP Billiton Mitsubishi Alliance.
Slater and Gordon’s directors and senior executives have taken a voluntary pay cut of up to 15 per cent in a move aimed at giving the firm flexibility to respond to the COVID-19 pandemic.
As the COVID-19 crisis leaves tens of thousands unemployed and charities struggling, law firms are responding by offering assistance to those in need through expanded pro bono work and community outreach programs that provide assistance to the country’s most vulnerable people.
A court has upheld two decisions by the Australian Government Takeovers Panel that a bid by asset manager Aurora Funds Management to replace Molopo Energy’s directors was made in “unacceptable circumstances”.
Labour hire firm One Key Resources is facing an employment class action on behalf of casual coal mine workers who were allegedly denied annual leave and severance pay entitlements, the latest class action alleging workers have been misclassified as casuals.
HopgoodGanim will cut equity partner income by 50 per cent and staff salaries and hours by 20 per cent for up to six months to preserve jobs and ensure the sustainability of the firm during the coronavirus pandemic.