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Two Westpac units have made admissions and said they would not defend proceedings brought by the Australian Securities and Investments Commission over fees charged for services that were not provided to hundreds of financial advice customers.
The courts are to be congratulated for swiftly adapting to the COVID-19 pandemic by introducing virtual hearings, but barristers told Lawyerly they were raring to get back to in-person hearings, and cited numerous disadvantages of holding complex matters online.