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Victoria will pay $125 million in a settement finalised on Monday in a class action over the state's COVID-19 hotel quarantine program.
A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.
Super fund HUB24, which rejected the now collapsed First Guardian fund as an investment for members, can protect its due diligence process from getting into the hands of rival Diversa, whose members weren't so lucky.
The High Court is set to weigh in on part of an 1881 law invalidated by the NSW Court of Appeal when the state premier’s chief of staff skirted a bid to compel him to give evidence to a parliamentary committee.
A judge has granted the first-ever application to vary a contingency fee in a class action that has yet to reach settlement or judgment, but has warned his decision doesn't set a precedent for “routine variation” of group costs orders.
A class action over Victoria's COVID-19 hotel quarantine debacle worth as much as $2.6 billion has reportedly settled, with the cost to taxpayers said to be about $50 million.
The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.
A judge has taken a Perth law firm to task after a junior solicitor was left to apologise for a failure to comply with court orders in proceedings against BP, saying one of the principals should have taken responsibility instead.
Among top-tier firms, Gilbert + Tobin and Ashurst have reported the smallest gaps in the pay of male and female employees, while Corrs Chambers Westgarth and Herbert Smith Freehills Kramers have reported the largest pay disparities.
Construction PRO
The High Court has been asked to undo a stay granted to gas giants Esso and Woodside in a lawsuit related to a project for extracting hydrocarbons in the Bass Strait.