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Corrs avoids split trial in suit by client left liable for security bill after funder exit
Corrs Chambers Westgarth has defeated an application by a former client to split a trial in his breach of duty case against the law firm, with a judge saying while an initial hearing could save costs, the line between negligence and the merits of the underlying case were blurred.
Court appoints liquidator to litigation funder after claims of misuse of funds
Liquidators have been appointed to a litigation funder behind a funding agreement ripped up by the court last year that would have given it a hefty 85 per cent commission.
Ban on lawyer’s practicing certificate can’t be retroactive, appeals court says
An appeals court has overturned a decision banning a lawyer from practice with retrospective effect and ordering her to pay $20,000 in legal costs, after a tribunal sanctioned her for allegedly misleading a court employee and making “offensive” remarks in 2016.
Corrs Chambers faces suit by client left to foot security after funder bowed out
A solicitor and former client is suing Corrs Chambers Westgarth for “very significant damages”, alleging breaches of multiple duties by the law firm in the course of protracted litigation.
ASIC hits Griffin Coal with criminal charges over financial reports
The Australian Securities and Investments Commission has hit beleaguered mining firm Griffin Coal with criminal charges over its alleged failure to lodge annual financial reports for 2019 and 2020.
Griffin Coal told to pay Carna Group liquidators $5M for contract breach
Struggling mining firm Griffin Coal has been ordered to pay $5.1 million to liquidators of a collapsed mining services company after a judge found it had breached a contractual term not to trade while insolvent.
Griffin Coal can’t get hands on docs in long-running spat with Carna Group
Struggling mining firm Griffin Coal has been denied access to documents while defending a consumer law case brought by the liquidators of a collapsed mining services firm.
Farooq Khan, other directors breached their duties in battle over Keybridge Capital, court says
Perth-based Farooq Khan has lost a key case in the battle for control over investment firm Keybridge Capital, after a judge invalidated a board decision to suspend activist investor Nicholas Bolton as CEO and terminate chair John Patton on the basis of Khan’s breach of his directors’ duties.