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Investors lose joint appeal bid to boost slice of Halifax liquidation assets
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.
Developer wins GST class action appeal despite misleading investors
A Canberra property developer that misled investors about GST on its apartments does not have to pay compensation to the lead applicant in a class action against it, an appeal court has found.
ACCC wins temporary halt to Virtus’ acquisition of Adora
The ACCC has won an interim injunction blocking IVF provider Virtus Health from completing its purchase of rival Adora Fertility on Friday.
ACCC wants urgent injunction to block Virtus’ acquisition of Adora
The competition regulator has filed court action seeking an injunction to stop Virtus Health from completing the purchase of rival Adora Fertility on Friday while a merger review is still in progress.
AMP may try to stay financial planner’s lawsuit in light of BOLR class action
AMP has flagged a potential stay of a lawsuit filed by a Sydney-based financial planner against that overlaps with a class action brought by advisors alleging they suffered financial losses from changes in the company's buyer of last resort policy.
ATO wins info on 1,500 tax docs, teeing up potential privilege battle with CUB
Iconic Australian beer manufacturer Carlton & United Breweries has lost an appeal seeking to shield information about 1,500 allegedly privileged documents from the Australian Taxation Office.
PwC a ‘different beast’ to law firms when it comes to privilege, court hears
Assessing claims of privilege involving multidisciplinary firms like PricewaterhouseCoopers that offer legal and accounting services is "inherently awkward", a court heard on the final day of a hearing in a privilege battle between the accounting firm and the ATO.
Halifax investors file Full Court appeal to boost recovery
Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased the amounts they could recoup from the company's liquidation.
PwC partner kept on JBS brief to maintain privilege despite CFO’s unhappiness
A PwC partner who the ATO claims was assigned to work on a matter for meat processing company JBS to bring a “cloak of legal privilege” kept a supporting role on the brief despite the company CFO’s dissatisfaction, a court has heard.
PwC partner at centre of ATO privilege spat earned less than non-lawyer assistants, court hears
A PwC partner who the ATO claims was assigned to work on a matter for meat processing company JBS to bring a "cloak of legal privilege" earned hundreds of dollars less per hour than his non-lawyer assistants, a court has heard.