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On ‘third birthday’ of PwC class action, judge rails against slow progress
A judge has blasted the lack of progress in an investor class action against accounting firm PricewaterhouseCoopers and asset finance lender Axsesstoday over an allegedly misleading $50 million prospectus.
Judge rejects recusal bid in barrister’s disciplinary case for ‘none of your business’ remark
A judge has refused to recuse herself from hearing disciplinary proceedings brought against a barrister over complaints that she used “judicially inappropriate words” at an interlocutory hearing.
Law firms felt the sting of litigation in 2021, with angry clients leading the charge
Last year brought economic growth and success for law firms, but 2021 was not only marked with good news. A slew of law firms were dragged into litigation by disgruntled ex-clients, with some paying out millions of dollars to resolve lawsuits accusing them of giving bad advice.
Barrister faces discipline after ‘gut-feeling’ prompts unfounded allegations against solicitor
A Sydney-based barrister has been reprimanded for relying on his “gut feeling” in making baseless accusations of misconduct against the principal of a law firm.
Barrister who sexually harassed clerk has suffered enough, appeals court says
The New South Wales Bar Association has lost an appeal seeking a financial penalty and a professional reprimand against a Sydney barrister for his “poorly judged, vulgar and inappropriate” behaviour, with an appeals court finding damage to his reputation and a hike in his insurance premium dwarfed any punishment it could dole out.
PwC strikes back in class action over $50M Axsesstoday prospectus
Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it “takes no responsibility” for allegedly defective offer documents.
Claims against PwC trimmed in class action over $50M Axsesstoday bond prospectus
The applicant in a class action against PricewaterhouseCoopers over a $50 million bond prospectus for asset finance lender Axsesstoday has dropped claims accusing the accounting giant of being involved in the company's alleged misrepresentations.
Barrister hit with injunction after judge complains to NSW Bar
A NSW barrister has been hit with an injunction for working without a valid practising certificate after a judge made a complaint to the Bar Association.
PwC can’t shut down class action against over $50M bond prospectus
PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.
Bar Association says tribunal should have made professional misconduct finding against barrister
A barrister who allegedly pushed an assistant clerk’s head while making a sexual remark at a professional dinner should have been found to have engaged in professional misconduct, the Council of the NSW Bar Association has told an appeals court.