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ASIC wins court OK to pursue collapsed MWL Financial
A court has granted the corporate regulator leave to proceed with a lawsuit against collapsed advisory firm MWL Financial for advising clients to invest $114 million in their super into Keystone’s failed Shield Master Fund. 
Harvey Norman class action seeks 30% GCO, tells court times have changed
A law firm bringing a class action alleging Harvey Norman sold worthless warranties is seeking a 30 per cent group costs order, arguing times have changed and that the court should only consider GCOs awarded in the past year. 
Construction PRO
Novati Constructions owes creditors up to $50M, administrators say
Collapsed Sydney building company Novati Constructions reportedly owes up to $50 million to more than 50 creditors.
What was the point of her role? Judge questions Star GC’s not-my-job claim
In finding Star Entertainment's former group general counsel liable for breaches of duty, the judge overseeing ASIC's case has questioned the chief lawyer's insistence that she "rarely gave legal advice" and that her roles with the company should be delineated.
ACCC calls for stronger oversight as airports invest $1.5B in infrastructure
The consumer watchdog has raised concerns about rising prices and unregulated airport charges amid significant infrastructure investment and record revenue at the nation's busiest airports. 
AMP says insurance class action pleading ‘not good enough’
A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is "not good enough" for the wealth manager to put on a defence.
Lawyer defeats case alleging duty to advise client litigation was doomed
A Sydney lawyer has successfully defended a case alleging he should have advised an X-ray business and its director that their defences in proceedings against medical device maker Philips were hopeless.
Star judge calls out bloated board packs, corporate AI usage
Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions" of former board members named in the case were "jarring”.
Federal Court warns self-repped litigants against using AI for legal advice
The Federal Court has cautioned self-represented litigants against using generative artificial intelligence to decide whether their case has merit, saying it is "not reliable for legal help”. 
Construction PRO
Mills Oakley faces negligence suit over $5.4M property sale advice
Mills Oakley has been hit with a negligence lawsuit by a former client who claims the firm failed to advise of the tax consequences of demolishing a dwelling before selling a property in Melbourne's east for $5.4 million.