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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.
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.
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.
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 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.
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.
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.
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.
A judge has shot down a bid by Cash Converters to recuse himself from hearing arguments for a $16.4 million class action settlement, saying his advice while still a barrister to the law firm running the proceedings did not give rise to apprehended bias.
National car repair franchise Ultra Tune has been ordered to pay a $2.6 million penalty, with a judge finding the firm had not only breached the Franchising Code and the Australian Consumer Law by misleading a prospective franchisee but also misled the court in its defence of the case brought by the consumer watchdog.