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Engineering services firm Worley might win the High Court's leave to appeal its loss in a shareholder class action despite the justices delving into many of the same issues raised in cases against the Commonwealth Bank, experts tell Lawyerly.
Online betting platform Bet365 has avoided court action by entering into a court enforceable undertaking with AUSTRAC requiring it to overhaul its systems.
Tax advisors will face tougher penalties for misconduct under new federal legislation introduced in response to the PwC tax leaks scandal and recommendations from a Tax Practitioners Board review.
Hall & Wilcox has welcomed three partners from Piper Alderman to grow its corporate practice.
ASIC may reconsider its approach to claims against non-executive directors after failing to prove that three NEDs of Rex had actual knowledge that the failed budget airline did not have a reasonable basis for a rosy profit forecast, experts told Lawyerly.
Pauls Milk producer Lactalis has copped a penalty after the consumer regulator issued infringement notices for alleged misleading representations about the freshness of two of its products.
Hamilton Locke has lured three partners and their teams from K&L Gates, bolstering its tax offering in response to client demand.
Construction PRO
A judge has found that Heran Group unit York Property can't call on $6.4 million in bank guarantees after finding builder Tomkins has a strong prima facie case that a $17.5 million payment certificate issued under contract to build a 119-Gold Coast residential tower was not authorised.
A Treasury report has suggested splitting audit functions off from multidisciplinary professional services firms, following whistleblower claims that KPMG leaked confidential client information.
A Victorian law that came into effect this month will fundamentally change how NDAs relating to workplace sexual harassment can be used in the state, says Kingston Reid's Katie Sweatman and Aneisha Bishop.