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Law firm profits soar as competition for talent heats up
Australian law firm profits jumped 8.2 per cent in the past financial year amid heightened demand for legal services, according to a recent report, which predicts a battle for top talent is afoot.
Insurance broker JLT hit with class action over excessive premiums
Quinn Emanuel has hit global insurance broker Jardine Lloyd Thompson with a class action for allegedly charging local councils in NSW hundreds of millions of dollars in excessive premiums over the past nine years, and the firm says there may be more lawsuits on the horizon.
We Buy Houses director appeals record $6M fine
The director of property spruiker We Buy Houses has appealed a record $6 million for misleading property investors with claims they could learn to buy real estate for $1.
Glencore in-house counsel wins access to ‘highly confidential’ deal docs, again
The judge overseeing a fraudulent concealment trial over Cargill's $420 million purchase of the Joe White malt business has reaffirmed an earlier ruling allowing an in-house counsel at Glencore to access documents related to the possible sale of Cargill's malting business.
Ex-Murray Goulburn head to pay $200k in ACCC milk price case
The former managing director of Murray Goulburn will be hit with a $200,000 penalty for being knowingly concerned in false representations made by the dairy producer to farmers about the farmgate milk prices it would pay during the 2015-16 milk season.
ACCC takes TPG to court over $20 plan ‘prepayment’
Telecommunications provider TPG Internet is facing allegations from the ACCC that it violated the consumer law by charging customers a $20 "prepayment" to cover costs for services not included in their plans.
Queensland flood class can add evidence after ‘trial by ambush’
A judge overseeing the marathon hearing in the class action over the 2011 Queensland floods has allowed the lead applicant to submit further evidence after it claimed defendant Seqwater engaged in "trial by ambush".
Major dairy players to tweak contracts to address ACCC concerns
Five dairy processors have agreed to make changes to their supply contracts to address the ACCC's concerns that certain terms were unfair to dairy farmers.
Visy to remove unfair contract terms after ACCC probe
Visy Recycling and two other providers of recycling services have agreed to remove unfair terms from their standard form contracts, following an ACCC investigation into the waste management industry.
Allianz policy exclusion dooms United Petroleum unit’s fire damage claim
A Queensland ethanol refinery, owned by United Petroleum, has lost a dispute with its insurer Allianz Australia over coverage for damage resulting from a 2016 fire.