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Rules limiting the amount of pro bono work in-house lawyers can perform should be updated, Australia leading body representing corporate counsel has advised, citing concerns that the restrictions will discourage young lawyers from working in-house.
The University of Technology Sydney will backpay staff more than $4.4 million, plus $1.3 million in superannuation and interest, after agreeing to an enforceable undertaking with the Fair Work Ombudsman.
A court has appointed a referee to examine whether a law firm's communications with Golden Financial furthered a plan by the financial advisory firm to divert assets to minimise a penalty sought by the corporate regulator in the first case alleging a breach of the so-called best interest duty.
Consumer food giant General Mills is suing relish maker Baxters, alleging breach of an agreement to manufacture Old El Paso products for sale in Australia.
Australian supplement manufacturer and retailer Universal Pharmaceuticals has admitted that it likely misled customers about the origin of shark products used in a supplement sold on its
Wealthy Heath website.