Sparke Helmore has refuted allegations by IOOF subsidiary Australian Executor Trustees (SA) that it failed to provide proper legal advice to the trustee on a 2012 pine plantation sale that left 4,500 investors without millions of dollars worth of assets.
IOOF subsidiary Australian Executor Trustees (SA) is facing an $82 million claim for compensation by investors angered by the way the trustee handled the sale of a 42,000 hectare timber plantation run by collapsed forestry giant Gunns Group.
Slater & Gordon has struck back against allegations by a former senior solicitor that he was fired after making complaints about the law firm’s arrangement with a third-party funder for personal injury clients, denying any unethical practices and arguing the lawyer’s termination was part of a cost-cutting restructure.
The Western Australian parliament will this week introduce a new class actions regime modelled on the federal scheme, in a move the state Attorney-General says will enhance access to justice and improve efficiency.
Law firm Quinn Emanuel Urquhart & Sullivan has followed through on its threat to appeal a high stakes ruling that shut down its shareholder class action against AMP, along with two competing cases, after a two-day beauty parade that saw rival firm Maurice Blackburn take the prize.
The Australian Securities and Investments Commission has narrowly lost its High Court appeal of a ruling that found the owner of a South Australian outback general store had not acted unconscionably by selling used cars through a “book-up” system.
A second competition lawsuit brought against NSW Ports could be stayed or consolidated with a case launched by the competition regulator over an agreement to privatise Port Botany and Port Kembla, a court heard Tuesday.
The court has blocked a unit of Fortescue Metals Group from accessing emails sent by Squire Patton Boggs about a now disputed power purchase agreement, saying the communications are privileged.
A former senior lawyer at Slater & Gordon has filed a lawsuit against his old employer, claiming he was fired after complaining about allegedly unethical practices within the firm.
The Geelong Football Club has launched Federal Court proceedings against a promotional firm it claims passed itself off as the famous AFL club in order to procure payments from members.