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Fuji Xerox, EY settle suit over $450M accounting scandal
Accounting 2022-09-01 11:44 pm By Sam Matthews Melbourne

Fuji Xerox and Ernst & Young have settled a lawsuit over $450 million in alleged accounting irregularities that also ensnared an EY partner and two senior Fuji executives.

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‘Alarming consequences’ if each building warranty breach creates new claim, court says
Construction 2022-08-26 11:27 pm By Sam Matthews Melbourne

A judge has ruled that separate breaches of statutory building warranties do not create individual causes of action, in a win for an owners corporation bringing claims against the builder of an allegedly defective Haymarket apartment building.

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Mercedes can’t shield board minutes in $650M dealer lawsuit
Automotive 2022-08-17 1:04 am By Cindy Cameronne Sydney

Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model have won access to board meeting minutes and related correspondence sent to the company’s top brass.

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Ex-Fuji Xerox execs settle suit over $450M accounting scandal
Accounting 2022-08-11 11:42 pm By Cat Fredenburgh

Two former executives at Fuji Xerox’s Australian unit have settled a lawsuit over their roles in a $450 million accounting scandal that has also ensnared auditor Ernst & Young.

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Mercedes ‘laid open’ its legal advice in $650M dealer lawsuit, court told
Automotive 2022-08-10 10:02 pm By Cindy Cameronne Sydney

Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model are seeking to access legal advice given to the car manufacturer on non-renewal notices at the heart of the case.

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HWL Ebsworth accused of providing bad legal advice to Hong Kong developer
HWL Ebsworth Lawyers 2022-08-09 11:05 pm By Sam Matthews Melbourne

A Hong Hong-based developer has accused HWL Ebsworth of failing to advise that by using a foreign-domiciled vehicle to purchase a share in a lender that provided mortgages to overseas buyers in two of Melbourne’s biggest developments it would subject the mortgages to Foreign Investment Review Board review.

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‘Tear it up’: Judge censures silk in $650M Mercedes-Benz dealer lawsuit
Automotive 2022-08-08 11:31 pm By Cindy Cameronne Sydney

A court has directed a senior barrister acting in a $650 million lawsuit against Mercedes-Benz to “tear up” a letter his instructing solicitors sent concerning the judge’s ownership of a Mercedes vehicle, and said he was “surprised” the counsel signed off on it.

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Silk’s cancellation fee not recoverable after vacated trial
Business of Law 2022-08-08 4:29 pm By Sam Matthews Melbourne

A judge has declined to pass on a senior barrister’s $18,000 cancellation fee as part of an adverse costs order for a vacated trial, noting that such fees are not standard or common practice.

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Mercedes-Benz can’t access chats with Labor senator in $650M dealer suit
Automotive 2022-08-04 11:29 pm By Cindy Cameronne Sydney

Mercedes can’t access communications between Australia’s peak body for car dealers and a Labor senator to use in its defence of a $650 million lawsuit over its decision to move to a fixed-price agency model.

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Mercedes bullied car dealers, called them ‘baby piglets’, court told
Automotive 2022-08-03 11:40 pm By Cindy Cameronne Sydney

Officials at the Mercedes-Benz Australia head office referred to car dealers as “baby piglets” in internal communications and threatened and bullied the retailers, a trial court has been told in a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model.

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