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King & Wood Mallesons settles negligence lawsuit by Halifax
King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.
HWL Ebsworth managing partner Juan Martinez dies suddenly
Juan Martinez, managing partner of Australia's largest firm by partner count, died suddenly on Monday from a "medical issue".
Ex-Continental Coal secretary gets jail time for stealing, forgery
A former company secretary of defunct mining and exploration company Continental Coal will spend at least 2 years in jail after pleading guilty to three criminal charges, including stealing $2.2 million and forging a bank statement.
Pesutto to face more defamation suits by organisers of anti-trans rally
Victorian Liberal Party leader John Pesutto is facing the threat of two more defamation suits by organisers of last year's anti-trans 'Let Women Speak' rally, which was crashed by neo-Nazis.
Law firms to join forces in class actions over risky CFDs
A carriage fight may be avoided in a class action against Sydney broker International Capital Markets over risky contracts for difference after two law firms agreed to consolidate their cases.
NAB settles trade mark spat with You Need A Budget app
National Australia Bank has resolved trade mark proceedings brought against US budgeting app You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.
AUSTRAC opens money laundering investigation into Bet365
Financial crimes regulator AUSTRAC has launched an enforcement investigation into British online betting company Bet365, after receiving an audit report on the company's compliance with anti-money laundering and counter-terrorism financing laws.
ACCC to take on misleading influencers, in-app purchases
The ACCC will attempt to make online shopping less treacherous for consumers this year, vowing to take enforcement action against misleading influencers, online reviews, in-app purchases and price comparison sites.
Full Court says climate change wrongly omitted from native title ruling on Santos gas project
The Full Federal Court has found a native title tribunal failed to consider climate change when making a finding in relation to four new petroleum production leases for Santos' Narrabri gas project in New South Wales.
ACCC won’t appeal loss in challenge to $4.9B ANZ, Suncorp merger
The competition regulator will not appeal a tribunal ruling that set aside its decision to block the $4.9 billion merger between ANZ and Suncorp, but promised it will continue to scrutinise the banking industry.