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Grant Thornton can bring cross-claim against Forge Group
Grant Thornton has won approval to a bring a cross-claim against Forge Group, just three months ahead of trial in the collapsed engineering company's case against the accounting firm and ten former directors for their alleged negligence in relation to its "uneconomic" purchase of CTEC in 2012.
Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told
A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.
OTC trader wins more time to respond to ASIC’s 2,000-page pleading
A judge has granted OTC trader EuropeFX more time to file its defence to an 80-page statement of claim and over 2,000 pages of particulars filed by ASIC in its case accusing the company of knowingly exposing its Chinese customers to criminal charges.
Jones Day lures top Perth litigator from rival US firm
US-based firm Jones Day has snagged one of Perth's top energy litigators from rival Quinn Emanuel to bolster its global disputes team.
Court can order class action opt out notices for limited number of group members, judge says
A judge has found he has power to order that opt out notices be sent to a limited number of Boral shareholders eligible to join two class actions that faced off last month in a class action beauty parade.
Declassing bid defeated in Jardine Lloyd Thomson class action
Insurance broker Jardine Lloyd Thompson has lost its bid to shut down a class action brought on behalf of NSW local councils, with a judge finding it was "entirely appropriate" for the case to proceed as a class action.
Forge directors fail to explain need for multiple law firms in liquidators’ case, judge says
A judge has slashed security for costs sought in a case brought by the liquidators of engineering and construction company Forge Group after the former directors targeted in the action failed to explain why they had retained multiple law firms.
Law firm drops opt out clause from funding agreement in Boral class action
Phi Finney McDonald will amend its funding agreement with Therium in a shareholder class action against Boral after a judge found that an irrevocable opt out provision placed the law firm in a "manifest position of conflict".
Sizzler, Burger Urge lay down steak knives in trade mark battle
Buffet dining pioneer Sizzler, which closed its last Australian restaurants in November, has settled a trade mark dispute with Brisbane-based chain Burger Urge over a chicken burger known as "the Sizzle".
Boral ruling a warning to class action lawyers to be on their best behaviour
A judgment in a heated carriage fight between three class actions against construction giant Boral provides some guidance to law firms about conduct that could potentially compromise their case for why they should be crowned the victor in a class action beauty parade.