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Herbert Smith Freehills is planning a merger with US law firm Kramer Levin that will make it one of the 20 largest firms worldwide with over US$2 billion in combined revenue from day one.
Honda tells court it should be on the hook for $12M in spat with dealer
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Dealer Brighton Automative is gunning for $13.9 million in damages after Honda cut its contract off prematurely, with Honda hopeful the figure is more like $12.1 million.
Former PwC partner settles defamation claim over tax leaks statements
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A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.
Domestic airfares soared after collapse of regional carrier Rex, ACCC finds
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Australia’s consumer regulator has found that domestic airline customers are facing less choice and higher prices following the collapse of regional airline Rex.
Companies need to report basis for climate change statements, says ASIC
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ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.
Ex-EY partner accused of tax loss scheme can shield email to general counsel
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A former EY partner accused of pocketing $700,000 in secret commissions can shield an email from the firm’s tax leader to its general counsel despite the firm having waived privilege.
Judge’s copy and paste decision a ‘canary in a coal mine’, experts say
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A time-strapped judge’s decision that was set aside for “uncritical copying and pasting” exposes deeper issues about stressed judges at under-resourced courts with “extraordinary workloads”, experts say.
Velocity Rewards joined to Virgin class action despite ‘barely arguable’ claim
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A judge has allowed investors bringing a class action against Virgin to join Velocity Rewards to the case, despite finding the proposed claims against the frequent flyer program are “barely arguable”.
Court’s top judge hits back at media criticism, says ‘open justice’ is the problem
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The Federal Court’s top judge has attacked what she sees as “absolutist” public criticism of a spate of suppression orders in high-profile cases, saying open justice is just too, well, open.
Melbourne Symphony says pianist had ‘no right’ to make Gaza remarks
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The Melbourne Symphony has hit back at a pianist’s suit over a cancelled recital after he made impromptu comments about the war in Gaza, saying he had no right to make the unauthorised remarks.