Law Firms

A judge has questioned the level of detail in a 1,700-page proposed amended pleading in a shareholder class action over the collapse of fund manager Blue Sky, expressing "frustration" at the amount of unnecessary work that goes on in class actions.

Twelve cases brought by Labor politician Eddie Obeid and his family against the tax office are back on track after they were stayed in 2017 pending the outcome of a criminal prosecution against Obeid and his son Moses.

Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.

A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.

An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.

The executor of a $100 million estate is amending its case against PricewaterhouseCoopers that alleges the firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities.

A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.

Dexus has dragged five of its insurers to court seeking indemnity for more than $16.5 million in remediation costs stemming from alleged defects in the waterproofing system that was installed as part of the $150 million redevelopment of Sydney's MLC Centre.

Class action settlements are off to a sluggish start in 2026, with only two mega-settlements of $100 million or more reached and the country's leading plaintiff law firm yet to get on the board.

Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.