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Holding Redlich sued over ‘negligent’ advice on ‘Aldi bag of cash’
Professional Negligence 2022-12-22 4:26 pm By Cat Fredenburgh

Law firm Holding Redlich has been sued by the NSW Labor Party for allegedly providing negligent advice on $100,000 in illegal political donations delivered in an Aldi bag and the ICAC investigation that followed, setting the party back $1.8 million in legal costs.

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Firm to drop class action against Philips over recalled sleep apnea devices
Class Actions 2022-12-20 4:08 pm By Cindy Cameronne

Philips Electronics will not face a class action in Australia over recalled sleep apnea machines that contained a foam component that could  degrade and cause consumers to inhale dangerous chemicals, after the law firm running the litigation decided to drop the case.

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Twigg family fights knockout bid by Pitcher Partners
Accounting 2022-12-16 4:38 pm By Sam Matthews

Relatives of race car driver Max Twigg are fighting Pitcher Partners’ bid to have a $127 million lawsuit dismissed as an abuse of process, rejecting the accounting firm’s argument that the proceedings were deliberately delayed for strategic reasons.

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High Court rejects Western Power appeal in bushfire class action
High Court 2022-12-07 4:57 pm By Sam Matthews

The High Court has unanimously dismissed Western Power’s challenge to a judgment which found the state-owned electricity supplier breached its duty of care to inspect power poles on private land and was partly liable for property damage from the 2014 Perth Hills bushfire.

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Grant Thornton sued by Quantum Graphite over 14-month trading suspension
Professional Negligence 2022-12-02 10:56 pm By Cindy Cameronne

Mining company Quantum Graphite has filed proceedings against accounting firm Grant Thornton over a 2020 report that caused the Australian Stock Exchange to suspend trading in the mining company’s securities for 14 months.

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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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Pitcher Partners’ $41M class action settlement gets nod
Class Actions 2022-10-28 11:04 pm By Cindy Cameronne

A judge has approved a $41 million settlement in a shareholder class action against Pitcher Partners but has reduced the funder’s cut to $11.5 million after resolving a feud with the lead applicant over how much it should receive for taking the case to trial.

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Law firm can’t amend defence in negligence case by teacher wrongly jailed for abuse
Professional Negligence 2022-10-24 4:29 pm By Sam Matthews

A law firm, who along with Piper Alderman and one other firm, is being sued for negligence by a schoolteacher wrongly jailed for the indecent assault of two children has lost a bit to amend its defence at the commencement of the trial.

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Maurice Blackburn sued by group member in Black Saturday bushfire class action
Professional Negligence 2022-10-18 11:49 pm By Cat Fredenburgh

A group member in the historic Black Saturday bushfire class action has filed a lawsuit alleging Maurice Blackburn was negligent in failing to bring a lawsuit over his work-related adenocarcinoma within time.

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Equity Trustees sues investment firm over currency hedge trades
Financial Services 2022-10-17 11:30 pm By Sam Matthews

Equity Trustees has sued asset manager Tactical Global Management seeking millions in compensation for losses allegedly stemming from over-hedging trades.

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