Most Recent
Funder won’t fight court’s power to vary class action commission
Class Actions November 15, 2019 10:32 pm By Christine Caulfield

Whether judges can alter the terms of litigation funding agreements in class actions is a question that will remain unsettled for now, after litigation funder […]

Subscribe for instant access to all Lawyerly content.

Already a subscriber?

Lost your password?

Want to test drive Lawyerly? Contact us to take a free trial.

NAB says ‘significant’ penalties loom over money laundering breaches
Financial Services November 15, 2019 3:58 pm By Miklos Bolza

The National Australia Bank faces the prospect of “significant monetary penalties” after self-reporting a potentially large number of money laundering and counter terrorism financing breaches to AUSTRAC and its overseas counterparts.

Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Restructuring & Insolvency November 15, 2019 10:33 pm By Christine Caulfield

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.

K&L Gates’ employment team strikes out on its own
Business of Law November 15, 2019 10:32 pm By Cat Fredenburgh

The employment team at K&L Gates has parted ways with the US legal giant to set up its own specialist shop, shaking up the market for employment law services in Australia.

Shine Lawyers avoids being dragged into negligence lawsuit
Legal Ethics November 15, 2019 4:43 pm By Miklos Bolza

A bid to join Shine Lawyers and barrister David Turner to a negligence suit against an Australian law firm retained to assist with a $630,000 contractual dispute has been dismissed after a judge found it was “not just, desirable or convenient” to drag the two parties into the dispute.

ACCC signs off on ANZ Terminals, GrainCorp deal with divestitures
Competition & Consumer Protection November 15, 2019 9:32 pm By Hannah Gee

The Australian Competition and Consumer Commission has given the green light to a slimmed down version of global agribusiness GrainCorp Bulk Liquid Terminals bid to acquire ANZ Terminals, with divestitures shaving $18 million off the deal’s price tag. 

Chinese co’s $1.5B acquisition of Bellamy’s baby food empire gets the green light
Corporate November 15, 2019 12:11 pm By Miklos Bolza

The Federal Government has conditionally approved a $1.5 billion acquisition of all shares in baby food and milk formula manufacturer Bellamy’s Australia by a Hong Kong-based dairy firm after finding the transaction was “not contrary to the national interest”.

The key to addressing overwork and depression in the legal industry
Expert Insights November 15, 2019 4:35 pm By

Lawyers are a vulnerable workforce and unions could help protect them, especially those just entering the profession, from exploitation, says Maurice Blackburn principal Giri Sivaraman.

Google blasts ACCC’s ‘cherry-picked’ suit over data collection disclosures
Competition & Consumer Protection November 14, 2019 1:52 pm By Miklos Bolza

Google has slammed landmark regulatory action brought by the Australian Competition and Consumer Commission over the collection and use of location data on Android devices as “cherry-picked”, saying the watchdog had read alleged misstatements by the tech giant out of context.

$2.5M break fee in Pacific Energy takeover battle not anti-competitive, panel says
Corporate November 14, 2019 4:33 pm By Cat Fredenburgh

The Takeovers Panel has found that while a $2.5 million break fee included in a $470 million takeover offer lobbed during a bidding war for Western Australia power supplier Pacific Energy was not a “common market approach”, it was not anti-competitive or coercive.