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Virgin Australia hit with class action over 2019 prospectus
Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, just six months before the airline sank into administration.
Full Court finds casual workers can’t be axed for exercising workplace right
A former truck driver for Cooloola Milk who claims he was fired after asking about overtime pay has won his legal challenge to a decision finding that he was a casual employee and not entitled to protections against dismissal.
PwC sued over advice on $88M sale of Hudson Pacific to Retail Food Group
The founder of wholesale food company Hudson Pacific has sued PricewaterhouseCoopers for allegedly providing bad advice on the terms of the $88 million sale of his business to Retail Food Group in 2016.
Corrs Chambers faces suit by client left to foot security after funder bowed out
A solicitor and former client is suing Corrs Chambers Westgarth for “very significant damages”, alleging breaches of multiple duties by the law firm in the course of protracted litigation.
Crown Resorts must tell class action what board knew about money laundering
A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members' knowledge about two bank accounts which were allegedly used to launder hundreds of millions of dollars.
Woolworths employees shouldn’t be ‘cast adrift’ from class action, judge says
Explaining his decision to reject a class action settlement that would have earned a law firm $1.75 million but provided nothing to 27,000 Woolworths employees, a judge has said the agreement created a conflict of interest between the solicitors and the workers they sought to set "adrift".
Jan Cameron to preserve $5.1M in assets while dispute with tax office on foot
Former Bellamy's Australia director Jan Cameron has consented to preserving up to $5.1 million in her Australian assets and not moving them offshore while proceedings she launched against the Australian Taxation Office are on foot.
Judge asks why Banksia class action solicitor hasn’t forfeited fees
The judge overseeing the scandal-ridden Banksia Securities class action has questioned why a solicitor on record for the case hasn't handed over his ill-gotten fees despite professed regret for his actions and his claims to have reformed.
Bill Papas’ girlfriend hits back at Westpac’s case over alleged $294M fraud
Bill Papas’ girlfriend Louise Agostino has hit back at Westpac’s lawsuit accusing her of involvement in the Forum Group director’s alleged $294 million fraud, denying all allegations and arguing that the bulk of the bank’s claims against her should be struck out.
Court accepts Ramsay Health in-house counsel ‘drowning in work’ during COVID-19
Ramsay Health Care Australia has been let off the hook for using emails subpoenaed in a defamation case between two feuding surgeons at one of its hospitals, with a judge accepting that an in-house lawyer was "mortified" by her mistake and was "drowning in work" at the time.