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Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
Construction PRO
AI infrastructure company Firmus has secured OpenAI as an anchor customer, with the ChatGPT owner committing to AI compute capacity from two Malaysian Firmus sites as part of the multi-year partnership.
A shareholder class action that succeeded in the Full Federal Court has argued that Worley's appeal to the High Court should be rejected, saying that its proof regarding market-based causation was “overwhelming”.
A newly appointed judge, praised as "hugely intelligent" and a "quiet assassin" on cross-examination, has welcomed the legal profession’s growing focus on mental health and called for greater diversity at the Bar.
Construction PRO
Firmus has entered a $425 million agreement to be a cornerstone customer of Subco's planned submarine cable system, giving the AI infrastructure company dedicated connectivity between Australia and the US.
AI-enthusiast Meta has been silent on how the technology will be used in discovery in Australian Competition and Consumer Commission proceedings over scam cryptocurrency ads, a court has heard.
The latest privacy reforms will target risks associated with new digital technology and artificial intelligence, adding a fair and reasonable test for data collection and a right to erasure on large platforms.
A judge has ordered the parties in an investor class action against Virgin to consult with experts on how to use AI in an upcoming seven-week trial, one day after the judge made similar orders in a class action against Blue Sky.
A judge overseeing a shareholder class action over the collapse of fund manager Blue Sky will explore how artificial intelligence can be used to reduce costs in the case, which have already reached $20 million.
A leading class action judge has urged courts to lean into AI, suggesting the technology could rescue lawyers and judges from "mountains of documents or elaborate processes" that waste resources, freeing them up to do what AI cannot: exercise judgment.