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Keystone’s Chiodo raised $1.5M in investor funds for lawyers’ fees: ASIC
Former Keystone Asset Management director and developer Paul Chiodo is accused of raising more than $1.5 million from unwitting investors for a purported property fund that was secretly used to cover his legal fees in ASIC's enforcement action.
Class action to get less than half of $22.5M CommInsure settlement
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.
Clayton Utz litigation partner jumps to Ashurst Perkins Coie
Ashurst Perkins Coie has brought on a recently promoted partner from Clayton Utz to grow its litigation practice.
Victorian Supreme Court set to hear record number of class action trials
As proof of its popularity as a class action jurisdiction, the Supreme Court of Victoria will hear opening submissions in three class action trials on Monday, an unprecedented number in a single day for the court.
Media mogul loses appeal in ‘bitter end’ to spat with Atanaskovic Hartnell
A court has upheld a panel’s determination of the fees payable by media mogul Bruce Gordon’s company Birketu to his former lawyers, following an eight-year dispute.
Airbus, Commonwealth hit with class action over 2023 helicopter crash
Aircraft manufacturer Airbus and the Commonwealth have been hit with a class action by the family members of four aviators who were killed when an army helicopter crashed off the coast of Queensland in 2023.
Construction PRO
Inpex in post-trial fight with AkzoNobel in suit over $45B Ichthys project
Inpex says damages against AkzoNobel could increase "very significantly" if the court adopts its position on a referee's report and it succeeds on liability in its suit over allegedly defective anti-corrosive coating used on the $45 billion Ichthys gas project.
Construction PRO
Developer promised to invest in Fiji hotel, paid legal fees instead: ASIC
Former Keystone Asset Management director and developer Paul Chiodo is accused of raising more than $1.5 million from unwitting investors for a purported property fund that was secretly used to cover his legal fees in ASIC's enforcement action.
Construction PRO
Clyde & Co adds infrastructure, energy specialist to disputes team
Clyde & Co has recruited a disputes partner with extensive experience in complex litigation in the infrastructure and energy and resources sectors.