ASIC brings action to wind up Gupta’s Liberty Bell Bay

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The corporate regulator has launched proceedings to wind up a company in the steel empire of billionaire Sanjeev Gupta for its failure to lodge financial reports for four years. 

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KHQ hires partner from Macpherson Kelley for construction practice

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KHQ Lawyers has snagged a leading infrastructure and energy lawyer from Macpherson Kelley for its newly rebranded construction, infrastructure and energy practice.

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Federal Court warns self-repped litigants against using AI for legal advice

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The Federal Court has cautioned self-represented litigants against using generative artificial intelligence to decide whether their case has merit, saying it is “not reliable for legal help”. 

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Tabcorp loses Full Court appeal over $1.5B tax deduction

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The Full Federal Court has tossed Tabcorp’s appeal of a finding that it is not entitled to a $1.49 billion tax deduction under rules governing the taxation of financial arrangements. 

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AMP says insurance class action pleading ‘not good enough’

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A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is “not good enough” for the wealth manager to put on a defence.

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ACCC calls for stronger oversight as airports invest $1.5B in infrastructure

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The consumer watchdog has raised concerns about rising prices and unregulated airport charges amid significant infrastructure investment and record revenue at the nation’s busiest airports. 

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DPP not barred from recusal bid after judge’s criticism, court finds

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In the latest chapter of a bitter feud between NSW Director of Public Prosecutions and District Court Judge Penelope Wass, the state’s Court of Appeal has found parliamentary privilege doesn’t bar the top prosecutor from launching a recusal bid in a criminal trial.

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Lawyer defeats case alleging duty to advise client litigation was doomed

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A Sydney lawyer has successfully defended a case alleging he should have advised an X-ray business and its director that their defences in proceedings against medical device maker Philips were hopeless.

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Trial vacated in suit over $1.5M loan to John Pesutto

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An upcoming trial in a case over a Victorian Liberal Party-linked company’s decision to give former party leader John Pesutto a $1.5 million loan to help him avoid bankruptcy has been vacated.

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