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The former CEO of Nuix has shot down the suggestion of pre-trial mediation, which he said was unlikely to resolve his $180 million claim against embattled tech company.
Deloitte and Noumi, formerly known as Freedom Foods, have pointed the finger at one another in a consolidated shareholder class action, with the accounting giant saying the food company made misleading representations in its financial reports and should be on the hook for its costs in defending the lawsuit.
Coal mining firm TerraCom has taken its bid to shield a PricewaterhouseCoopers report from ASIC to the Full Court, appealing a judgment which found the regulator could view the report because of public statements made by the company.
The maker of the popular Invisalign dental aligners may soon face a cross-claim from competitor SmileDirectClub, which it sued for allegedly misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits.
The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their "outrageous conduct" in pursuing litigation against a company shareholder, including giving false statements and destroying evidence.
Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.
Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded for setting the price of the contingency fees sought in the case and Slater & Gordon arguing it has a better track record in class actions.
Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a "knowing participant" when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.
Ashurst has snagged three Norton Rose Fulbright partners to join its corporate and projects team as part of its plan to grow its energy and resources practice in the Asia-Pacific region.
Global law firm Ashurst has snagged a Thomson Geer partner to launch a superannuation practice offering end-to-end legal and consulting solutions for financial services clients in the $3.3 trillion sector.