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Lawyers are in no immediate danger of losing their jobs to AI, according to a leading law firm, which has found that asking large language models legal questions you don't already know the answers to is risky business.
Challenging a ruling that it breached its continuous disclosure obligations, ANZ has argued on appeal that it did not need to inform the ASX of a bailout by the underwriters of a 2015 institutional share placement because the information didn’t go to the fundamental value of its shares.
What's good for the goose is good for the gander, lawyers have said in attacking a report to Parliament that recommends abolishing amendments adding a fault element to the continuous disclosure regime for ASIC cases but requiring shareholders to clear the higher bar in class actions.
A judge has given the green light to amendments to a $100 million class action against NAB over the collapse of Walton Construction, which include new claims of equitable fraud and knowing involvement in misleading and deceptive conduct.
A class action against ANZ and former subsidiary OnePath has been given the green light to “significantly expand” its case against the big four bank, over three years after the case was first filed.
Sky News has taken its fight with Isentia to the Full Federal Court, after a judge found the the media monitor was not liable for copyright infringement despite the "wholesale copying" of content distributed to government clients.
Rebel Sport owner Super Retail Group faces mounting legal troubles as the law firm representing whistleblowers in a $50 million case says more employees have come forward with allegations the company concealed a relationship between the CEO and the former head of HR.
A US-based animal genomics company has taken Australia's leading livestock and dairy groups to court, alleging they have infringed its patent for a system for conducting genetic testing on beef and dairy cattle by doing genetic testing without a licence.
The owner of Rebel Sport is facing a $50 million lawsuit by two former employees who allege CEO Anthony Heraghty carried on a secret relationship with the retailer's former chief human resources officer.
A judge has ruled that media monitor Isentia did not infringe the copyright of Sky News, despite the “wholesale copying” of content for its government clients, because its actions were done for the “services of the Commonwealth or State”.