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The class action reform proposals experts can’t swallow
Lawyerly spoke to ten class action experts on the release of the Australian Law Reform Commission’s highly anticipated report into the class action regime. While many of the ALRC’s proposals were expected -- and welcomed as sensible -- others were greeted with concern and skepticism. Here, we look at the most controversial of the 24 recommendations.
Class action report by ALRC recommends sweeping changes
Law firms would be able to charge contingency fees and the corporate disclosure obligations would go under the microscope as part of a shake-up of the class action regime recommended by the Australian Law Reform Commission.
One in five audits lack basis for giving financial reports the all-clear, ASIC finds
The Australian Securities and Investments Commission has called for the big accounting firms to focus on "culture and talent" after a new report found one in five audits had no reasonable basis for clearing company financial reports of material misstatements.
Jones Day snags patent ace from Ashurst
International law firm Jones Day has expanded its intellectual property team in Sydney, hiring experienced patent litigator Andrew Rankine from Ashurst as its second local partner.
Class action giants to play nice in Brambles class actions
Responding to a judge's criticism of the class action "beauty parade", two rival law firms have come up with a plan to deal with their competing shareholder class actions against Brambles.
Merivale faces potential employment class action alleging ‘systemic underpayments’
Sydney hospitality giant Merivale is facing a potential class action after the Fair Work Commission terminated an expired enterprise agreement, which had its army of staff on salaries well below the industry award rate.
Google fined €50M by French regulator for privacy breaches
Google has been hit with a €50 million ($79.5 million) fine by the French data protection watchdog, the largest penalty by a regulator under Europe's beefed up privacy laws that came into effect last year.
CFMMEU admits to Fair Work breaches in strike against Boral subsidiary
The Construction, Forestry, Maritime, Mining and Energy Union has admitted to contravening the Fair Work Act by taking industrial action against a subsidiary of building materials giant Boral in an attempt to coerce the company into approving a new enterprise agreement.
Spruson & Ferguson nabs senior patent lawyer from FPA
Intellectual property powerhouse Spruson & Ferguson has bolstered the ranks of its Melbourne office with the recruitment of seasoned patent lawyer Brett Connor from FPA Patent Attorneys.
Ex-McInnes Wilson lawyer struck off after funneling over $680,000 to wife’s biz
A former McInnes Wilson lawyer has been struck off the roll of practitioners after an administrative tribunal found he engaged in "protracted and egregious acts of malfeasance" by funneling over $681,000 to his wife and her business, including through forged invoices.