Fleet management company Orix Australia has struck out in its bid to access certain files in an abandoned criminal case against two former senior executives as it seeks to claw back what it claims are losses suffered as a result of their breaches of duty.
A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the airline’s financials, the company said Friday.
Online clothing retailer A&S Labels Pty Ltd, trading as Tiger Mist, has coughed up $26,640 to the Australian Competition and Consumer Commission for allegedly misleading customers about their return rights.
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.
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.
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.
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.
Herbert Smith Freehills has partnered with the University of New South Wales on a practical training course for the firm’s Australian graduates that will allow them to start practicing sooner.
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.
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.