A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has “overreached”.
A judge that granted carriage of a Google ad tech class action to Maurice Blackburn and Phi Finney McDonald has reiterated concerns that such cooperative arrangements between firms could breach competition law.
A judge overseeing class actions against Coles and Woolworths over alleged illusory discounts has raised concerns about a bid to bind group members to findings in similar cases by the ACCC.
The construction and infrastructure sector is seeing a growing demand for professional indemnity specialists in the wake of increased government investment over the last ten years and rising complexities around insurance policies, a Clyde & Co partner has told Lawyerly.
Victoria will continue to be a magnet for class actions after the High Court shot down solicitors’ common fund orders as clashing with NSW law, but the door may still be open for garden state lawyers to try their luck in the Federal Court.
The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.
A former Cornwalls client has brought proceedings over a $486,000 legal bill, claiming the law firm failed to provide updated costs estimates and did not disclose counsel rates while acting in a tribunal matter against a builder.
A judge has spiked Piper Alderman’s class action alleging Google abuses its dominance in digital advertising, favouring a competing case run jointly by two other firms, despite suggesting such arrangements hinted at lawyers “passing the prize around”.
A Sydney barrister who won defamation proceedings against Nine over an Instagram-famous cavoodle has sought to disqualify a judge from hearing a dispute with her solicitors over costs, citing a lunch he had with Nine’s silk.