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Tabcorp-owned Tatts Group has appealed a finding from the Commissioner of Taxation that it cannot deduct a $120 million lotto licence from it assessable income for the 2017 financial year.
King & Wood Mallesons senior associate Luke Hawthorne lives to roll up his sleeves and delve into the "weird and wonderful" technologies behind the patent cases he works on.
A Victoria Supreme Court judge weighing for the first time an application by a law firm for a percentage cut of recoveries in class actions has been told to reject the bid because group members would fare better under the firm's current no win, no fee funding arrangement.
The judge overseeing a conflicted remuneration class action against Suncorp has locked in a trial date for May next year over the protests of the applicants, saying it was "not a good look" for class actions to "hang" around.
Drawn in by economic incentives, more defence law firms are getting in on the class actions action, but playing both sides may have its drawbacks.
JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.
A judge has ordered the federal government to file an amended defence in one of two class actions over its use of allegedly toxic firefighting foam on military bases, after being accused of lodging a deficient pleading.
Lawyerly is pleased to announce the winners of its inaugural Litigation Rising Stars competition, which honours 30 lawyers under the age of 40 for their work in high-stakes litigation.
King & Wood Mallesons has come under fire over partner Scott Farrell's role as head of a Treasury review into the Australian payments system, with a Sydney fintech claiming the law firm appears to have a conflict of interest.
The High Court has denied the ATO's request that it weigh in on Australia's transfer pricing regime, leaving in place a Full Court victory for mining giant Glencore that left it paying $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.