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The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially sensitive documents until the law firms behind the class actions work out how their competing cases will proceed.
Grain handling group Viterra has been denied a post-hearing bid to reopen a lawsuit brought by Cargill Australia over its $420 million acquisition of Joe White, with a judge finding the application would lead to "substantial disruption and delay".
With the legal industry looking for ways to "share the pain" among staff amid a potential slowdown in work due to the coronavirus, several top-tier firms told Lawyerly they had no immediate plans to slash salaries or reduce staff hours.
With a large number of lawyers now working from home amid the coronavirus crisis, law firms are getting creative, turning to virtual yoga, cocktail deliveries and more to maintain the health and well-being of their staff.
The Chief Justice of the Federal Court says a system is needed to ensure parties don't interrupt one another during virtual hearings, and noted the increase in online hearings brought on by the coronavirus may also free judges up to hear cases outside their registries.
London-based litigation funder Balance Legal Capital has raised $162 million from institutional investors to pursue lawsuits in Australia and worldwide, including class actions.
As states across Australia shut down non-essential services and close borders in the battle to control the spread of the coronavirus, companies are turning to their lawyers for guidance on everything from contracts to disclosure obligations, staff reductions to workplace health and safety issues. Lawyerly talked to practitioners to find out what was on the minds of their corporate clients.
For the lawyers conducting the committal hearings in the criminal cartel case over ANZ's $2.5 billion equity raising, the Sydney Downing Centre courtroom was already too close for comfort.
The number of lawyers working at home continues to grow as the coronavirus spreads in Australia, with four law firms ordering staff to pack up and work from home, and more expected to follow their lead.
Two law firms have mandated that staff begin working from home to limit the spread of the new coronavirus, while others begin shifting their workforce offsite as firms test their ability to weather what is expected to be a prolonged public health crisis.