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Construction PRO
Developer sues Maddocks over Toorak penthouse deal with millionaire
Developer Techin MBS has filed a lawsuit against Maddocks, claiming the law firm is liable for negligence if a contract of sale for a penthouse in Toorak with multi-millionaire Scott Shearman is not found to be binding.
Ratings house faces ASIC investigation over Keystone fund
ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of 'investment grade', as the corporate watchdog seeks to claw back $480 million in investor funds. 
ASIC in hotseat over inaction against ANZ execs after $240M settlement
ASIC's chair was grilled by members of parliament on Thursday over whether the regulator would take action against individuals within ANZ, after the bank agreed to pay $240 million in penalties for "widespread misconduct".
Queensland judges warned against using AI for rulings
Releasing guidelines for the use of generative artificial intelligence, the Queensland court system has this week cautioned judges against the use of AI tools for decision-making. 
IP boutique Wrays snags lawyer from KWM to lead trade marks group
Intellectual property firm Wrays has lured a former special counsel at King & Wood Mallesons to join as the firm’s new head of trade marks. 
Construction PRO
Developer must produce noise reports in nuisance suit over $284M wind farm
The developer of the Berrybank wind farm must produce expert communications in a lawsuit over noise emissions from its turbines, but can shield documents pointing to any defects. 
Ruby Princess class action applicant wants $8M in costs from Carnival
The applicant in a class action over a COVID-19 outbreak aboard the Ruby Princess is seeking an $8 million costs order against Carnival, after the cruise ship operator lost its challenge to a negligence finding.
Social media platforms won’t have to verify age of all users, eSafety says
The eSafety commissioner has said it will take a “principles-based approach” to the government's plan to ban social media ban for children under 16, saying platforms will not be required to verify the ages of all users. 
Aristocrat in epic win that clarifies law on computer-implemented patents
Gaming giant Aristocrat has won its battle against a decision revoking four innovation patents covering its popular Lightning Links poker machine, in a major decision that clarifies the patentability of computer-implemented ideas.
ASX accused of sacking head of trading tech after CHESS complaints
A former head of trading technology at the ASX has filed a lawsuit claiming he was axed after he raised concerns about insufficient resources to operate the market properly, including in relation to the exchange's CHESS replacement project.