Most Recent
A former executive of engineering giant Bechtel will be allowed to deduct over $11.8 million in share losses from his taxable income after successfully challenging a ruling to the Full Federal Court, in a decision that clarifies taxation law for income and capital regarding asset trades.
Shareholders of collapsed music streaming platform Guvera have filed a class action against an accounting firm seeking to recoup their losses for the firm's alleged negligence in promoting an investment opportunity in the failed tech company.
A law firm bringing the second of two cases by franchisees against Domino's Pizza is weighing a possible class action against the fast food giant.
Private construction company Hutchinson Builders has resolved a lawsuit it brought against the Australian Competition and Consumer Commission seeking to quash what it called an invalid notice to produce documents to the regulator, which has vowed to bring cases against the construction industry this year.
Competing class actions that drag out proceedings can have devastating effects on group members, and whether funded class actions provide genuine access to justice, not just "access to the court's processes", was a legitimate question, the head of the Australian Law Reform Commission said Wednesday.
Lawyerly spoke to ten class action experts on the release of the Australian Law Reform Commission’s highly anticipated report into the class action regime. While many of the ALRC’s proposals were expected -- and welcomed as sensible -- others were greeted with concern and skepticism. Here, we look at the most controversial of the 24 recommendations.
Law firms would be able to charge contingency fees and the corporate disclosure obligations would go under the microscope as part of a shake-up of the class action regime recommended by the Australian Law Reform Commission.