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Law firm hit with $1.4M judgment over negligent advice to lawyer
A Sydney-based law firm has been ordered to pay $1.4 million in damages for failing to properly advise a client of his rights under a partnership agreement after he suffered several strokes.  
Employees are priority creditors of insolvent trading trustees, High Court rules
The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading trust have priority over ordinary unsecured creditors.