The Coalition government will inject a record $550 million in additional funding for the banking and corporate regulators to crack down on wrongdoing in the financial services industry in the wake of the Hayne royal commission.
The Federal Court has been given exclusive jurisdiction over white collar criminal matters, with an additional $35 million in funding coming its way to mange the expanded caseload.
A PappaRich franchise operator is facing legal action by the Fair Work Ombudsman for allegedly underpaying 154 workers at three of the Malaysian food chain’s outlets in Sydney.
Jewellery brand Pandora has admitted it misled customer about ther rights to get a refund on faulty items and may have breached consumer laws, the watchdog said Friday.
An appeals court has dismissed a banned medical doctor’s challenge to the granting of three vexatious proceedings orders on constitutional grounds that the judge who made the orders was too old.
An eminent professor at a Melbourne law school has launched legal action against his employer after complaints of bullying by two other professors led to his suspension.
Banking giant Westpac has criticised Maurice Blackburn for rushing to file the first class action in the wake of the banking royal commission’s scathing final report, saying the self-appointed leading class action firm should know how to properly commence proceedings.
Fairfax Media will seek to use documents provided by the US Department of Justice to amend its defence in a defamation case brought by wealthy Chinese-Australian businessman Chau Chak Wing over articles that appeared in the Sydney Morning Herald linking him to an international bribery scandal.
Trader Daniel Schlaepfer and his firm Select Vantage are seeking over $10 million in damages from the Australian Securities and Investments Commission in a defamation action against the corporate regulator, a court heard Thursday on the fourth day of trial in the case.
In a first for the NSW Supreme Court, Judge Peter Garling last week found that the plaintiff in a class action does not need to have a claim against all defendants, a case that could make life much easier for plaintiff lawyers, says barrister Daniel Meyerowitz-Katz of Second Floor Wentworth Chambers.clas
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