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Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
Accounting 2021-10-27 12:16 pm By Miklos Bolza

An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition.

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Investors lose joint appeal bid to boost slice of Halifax liquidation assets
Alec Leopold 2021-10-27 3:13 pm By Miklos Bolza

Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.

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Crown report points finger at MinterEllison, internal legal team
Crown Resorts 2021-10-26 1:14 pm By Miklos Bolza

MinterEllison and Crown Resort’s internal lawyers were partially at fault for misconduct unearthed in a damning Royal Commission report into the casino operator because they failed to ask whether certain actions were moral as well as legal, the commissioner has found.

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Crown gets two years to fix ‘illegal, dishonest, unethical’ conduct or face loss of casino licence
Adrian Finanzio 2021-10-26 11:44 am By Miklos Bolza

Crown Resorts has avoided having its casino licence stripped, for now, with a Victorian Royal Commission giving the casino operator two years to clean up its act after finding it failed to prevent “illegal, dishonest, unethical and exploitative” conduct.

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BlueScope general manager ‘not an honest witness’, ACCC tells court
ACCC 2021-10-26 9:03 pm By Cindy Cameronne

BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.

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NAB seeks urgent declaration following criminal wage theft case
Contracts 2021-10-26 4:38 pm By Bianca Hrovat

The National Australia Bank is seeking an urgent declaration regarding the interpretation of the Fair Work Act, four days after the Wage Inspectorate of Victoria accused it of failing to pay former employees their long service leave entitlements.

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Lendlease, Acciona lock horns over $160M engineering acquisition
Clayton Utz 2021-10-26 3:30 pm By Miklos Bolza

Infrastructure developers Lendlease and Acciona are suing each other for tens of millions of dollars over alleged losses stemming from Acciona’s $160 million acquisition of Lendlease’s engineering business, which saw it take over the Gawler rail project in South Australia.

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Arrium class action plaintiffs can’t delay hearing on group costs order
Ashurst 2021-10-22 3:01 pm By Miklos Bolza

The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.

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Plastic surgeon and TikTok celeb can’t stop ABC from airing Four Corners episode
ABC 2021-10-21 4:36 pm By Christine Caulfield

A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.

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Joint venture lobs $50M lawsuit over $1.37B Melbourne Metro payout
Construction 2021-10-20 5:39 pm By Miklos Bolza

A joint venture which helped design the Melbourne Metro has filed a $50 million lawsuit claiming they were not given enough of a $1.37 billion payout promised by the state’s government to cover additional work.

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