Most Recent
Corrs Chambers Westgarth nabs financial services specialist from Herbert Smith Freehills
People In The News 2021-10-28 4:09 pm By Bianca Hrovat

Corrs Chambers Westgarth has continued its hiring spree, luring a financial services regulatory specialist from Herbert Smith Freehills.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Law firms accused of negligence say Dover not entitled to recover $1.2M penalty
Professional Negligence 2021-10-27 6:01 pm By Cindy Cameronne

Two law firms accused of providing negligent advice to Dover Financial over a so-called client protection policy found to be “highly misleading” have argued the defunct financial advisor should not be able to recover the $1.2 million penalty it was ordered to pay.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Investors lose joint appeal bid to boost slice of Halifax liquidation assets
Restructuring & Insolvency 2021-10-27 3:13 pm By Miklos Bolza

Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ASIC mulls action against super fund execs for investment switching with insider intel
Financial Services 2021-10-27 8:13 pm By Cindy Cameronne

ASIC has flagged it may take regulatory action against super fund executives and directors for switching personal investment options using insider information.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Morgan Stanley’s negligence gave financial advisor PTSD, suit claims
Employment 2021-10-27 2:20 pm By Bianca Hrovat

A former Morgan Stanley financial adviser has launched a lawsuit against the investment banking giant, alleging its negligence led to psychological strain so severe it rendered her permanently unfit for her job.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Piper Alderman’s demand for $119,000 in unpaid fees from Aurora Funds set aside
Corporate 2021-10-25 9:30 pm By Cindy Cameronne

Asset manager Aurora Funds has won its bid to toss a demand by law firm Piper Alderman for $119,335 in allegedly unpaid legal fees, with a judge finding the terms of a settlement deed between the parties may operate as a “penalty” for defaulting on payments.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ASIC takes action against ex-Freedom Insurance boss over Vespa sales incentive
Insurance 2021-10-25 9:50 pm By Christine Caulfield

The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge extends asset freeze over iSignthis CEO in $10M stoush with tax office
Tax 2021-10-21 3:39 pm By Christine Caulfield

A judge has extended by a week a freezing order over the assets of ISignthis CEO John Karantzis in a dispute with the Australian Taxation Office over a $10.7M alleged tax debt, but a bid to extend the scope of the order to include shares in a Cyprus-based company launched by the fintech businessman has failed for now.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Tyro hit with class action over terminal outage
Class Actions 2021-10-20 4:10 pm By Cat Fredenburgh

Payments provider Tyro has been hit with a class action over a days-long terminal outage that left many businesses unable to accept payments.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Arrest warrant issued for Forum founder Bill Papas
White Collar 2021-10-20 1:00 pm By Miklos Bolza

The Federal Court has issued an arrest warrant for Forum Finance founder Bill Papas for contempt of court for allegedly transferring $720,000 out of one of his companies in breach of a freezing order.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?