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After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
The government has begun a review into the adequacy of whistleblower protections, following damning whistleblower allegations that KPMG misused confidential client information.
The Star Sydney has been hit with $10 million in fines from the state’s gaming regulator, which accused the casino of allowing some patrons to gamble for over 36 hours straight.
Construction PRO
Contracts have been awarded for the first major stage of 'The Wave' railway project ahead of the 2032 Brisbane Olympic and Paralympic Games.
With two historic court wins for shareholders, 2026 is shaping up to be a momentous year for securities class actions, with lawyers expecting a resurgence of cases and a renewed eagerness for the negotiating table.
Lander & Rogers has snagged two Johnson Winter Slattery commercial disputes lawyers with decades of experience advising the country's regulators, who will bring a team of eight along with them.
A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.
ASIC is investigating Corporate Travel Management and its auditor PwC, after the travel management company said it would reverse $220 million in revenue after a review found it had overcharged customers.
Construction PRO
The federal environment minister made “key legal errors” in deciding not to assess plans to clear almost 3,000 hectares of savanna in the Northern Territory, an environmental group alleges.
Insurance specialist firm Gilchrist Connell has boosted its partner ranks by six, hiring a financial services regulation expert from a superannuation fund and promoting five lawyers internally.