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National law firm HWL Ebsworth expelled a former equity partner ahead of its failed initial public offering specifically so he would not participate in the IPO and “others would benefit to a greater extent”, a court has heard.
Christian Porter has won access to communications by the woman behind a challenge to his legal representation in a defamation case against the ABC, after telling a court it would be a “very big deal” if he lost his counsel.
Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.
Crown’s former legal boss threatened to call the federal gaming minister after Victoria’s gaming watchdog pushed the company to implement stronger anti-money laundering controls on junket players, the royal commission into Crown Melbourne has heard.
Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in Australia, after advice documents from the law firm were uncovered in a last-minute privilege fight.
The lead applicant in a class action against Bayer over its allegedly defective Essure contraceptive devices has won court approval to drop her consumer law claims against the German drug maker, with a judge agreeing that the plaintiff's defect and negligence claims had a better chance of succeeding.
A judge has denied ASIC’s request that the court hear its case against RI Advice in November, giving the IOOF unit more time to respond to the 800-page expert report filed by the regulator in support of its case that the company lacked adequate cybersecurity systems.
The director of building company Modscape has lost his bid to access Gadens’ advice concerning an allegedly false and malicious letter sent to the Victorian Building Authority that questioned his financial probity.
Crown Resorts has struck a deal with the NSW Independent Liquor and Gaming Authority to make all gaming in its casinos cashless to combat money laundering, with the regulator saying its Barangaroo casino in Sydney may open its doors by the end of this year.
The Australian Competition and Consumer Commission has brought proceedings against industrial technology company Delta Building Automation for allegedly attempting to rig a bid for a tender by the National Gallery of Australia.