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No contradictor in law firmā€™s second bid for GCO in ANZ, Westpac class actions
Financial Services 2022-11-18 5:16 pm By Cindy Cameronne

ANZ and Westpac have failed in their bid for a contradictor to weigh in on a contingency fee bid in two class actions, as the law firm that lost the first ever application for a group costs order tries again.

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GetSwift liquidators flag challenge to settlement in ‘disastrous’ class action
Class Actions 2022-11-17 4:18 pm By Cindy Cameronne

Liquidators of failed tech company GetSwift have foreshadowed an objection to a $1.5 million settlement going to shareholders in a class action that a judge has labelled a ā€œdisaster”.

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Griffith Hack sued by hospital operator over patent rights to stem cell invention
Intellectual Property 2022-11-17 5:32 pm By Cindy Cameronne

The operator of the Royal Perth Hospital has brought legal action against Griffith Hack alleging the law firm contributed to the “dishonest and fraudulent design” of a leading researcher to transfer the intellectual property rights to a stem cell manufacturing method developed inhouse.

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‘Very troubling indeed’: Judge orders law firm to itemise bill after backdating fee agreement
Business of Law 2022-11-17 10:59 pm By Christine Caulfield

A personal injury law firm has been ordered to itemise a “very substantial” $470,000 bill more then four years after it was rendered to a client, who was asked by the firm’s in-house barrister to sign a backdated costs disclosure agreement.

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High Court to weigh in on penalties for foreign bribery violations
High Court 2022-11-17 11:49 pm By Cat Fredenburgh

The High Court has agreed to hear prosecutors’ appeal of a “manifestly inadequate” $1.35 million penalty against an engineering firm for bribing foreign officials in Vietnam to secure $10 million in infrastructure contracts.

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Blue Star Helium’s former CEO stuck with ban after High Court rejects appeal
Appeals 2022-11-17 9:16 pm By Cat Fredenburgh

The High Court has turned down the appeal of the former Blue Star Helium CEO who was hit with a $40,000 penalty and four-year ban after the company failed to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.

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Pinsent Masons poaches from K&L Gates’ environment law team
Business of Law 2022-11-17 4:43 pm By Cindy Cameronne

International law firm Pinsent Masons has lured a partner and two senior associates from K&L Gatesā€™ planning and environment law team for its Sydney office.Ā 

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In blow for Acciona, court won’t declare COVID-19 a force majeure event
Energy & Natural Resources 2022-11-16 4:59 pm By Cindy Cameronne

A judge has refused to declare COVID-19 a force majeure event in a loss for Spanish infrastructure giant Acciona, which seeks to back out of a construction project for a $696 million Kwinana waste-to-energy plant.

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Pitcher Partners denies giving bad advice on $2.5M Zap Fitness share buy-back
Accounting 2022-11-16 9:37 pm By Cindy Cameronne

Accounting firm Pitcher Partners has hit back at a lawsuit by the former owner of fitness franchise Zap Fitness claiming the firm failed to properly advise on a troubled share buy-back scheme that spawned litigation the company paid $4.25 million to settle.

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Ex-Tesla Australia director pleads guilty to insider trading
White Collar 2022-11-16 2:12 pm By Cat Fredenburgh

A former Tesla Motors Australia director has pleaded guilty to two counts of insider trading for acquiring shares inĀ Piedmont Lithium based on insider information he had about an in-principle agreement the mining company had to supply lithium to Tesla.

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