ASIC wins orders freezing assets of Keystone Asset Management fund

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ASIC has secured freezing orders over the assets of an investment fund managed by Keystone Asset Management, with a court also ordering a Keystone director to surrender his passport amid an investigation by the corporate regulator. 

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EnergyAustralia to amend defence as date set for greenwashing trial over carbon neutral claims

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Trial has been set for next May in a case by Australian parents that accuses EnergyAustralia of engaging in misleading conduct in promoting a “carbon neutral” program, a case that puts carbon offset credits under scrutiny.

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AI may breed laziness among lawyers, top NSW judge warns

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The top judge of the NSW Supreme Court has issued a warning over the use of artificial intelligence by practitioners, saying the technology may “encourage or feed laziness in research and analysis”.

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ASIC says judge erred in assessing Gilbert + Tobin’s advice to crypto provider

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ASIC has wasted no time in appealing a judge’s decision to excuse cryptocurrency product provider Block Earner from paying a civil penalty on the basis that it took advice from a leading law firm that was not seen by the court. 

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Human rights group loses appeal fight to bring home Australians from Syrian refugee camp

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The Full Federal Court has dismissed an appeal by human rights group Save the Children, which sought to bring home Australians stuck in Syrian camps, rejecting as “mere conjecture” claims that Home Affairs had a repatriation arrangement with an authority in Syria.

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Callide power station administrators to blame for delays to DOCA, judge says

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A judge has rejected claims that an investor in the Callide power station, which suffered a major failure in 2021, was responsible for delays in the administration of the station’s operator IG Power, saying the administrators’ ten month delay in investigating the incident was to blame.

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Prosecutor struck from roll over drug offences linked to work-related PTSD

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A former Queensland prosecutor has had his name struck from the roll after committing several drug offences, despite a judge finding the crimes were linked to post-traumatic stress disorder he developed from exposure to child exploitation material at work. 

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Law Society says NSW courts in dire need of modernisation

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Offering a mixed review of the NSW budget on Tuesday, the Law Society of NSW welcomed the funding boost to legal aid and other key agencies but said the state should do more to modernize the courts.

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MinterEllison advice in spotlight in ASIC case against Dixon Advisory director

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Trial in ASIC’s action accusing former Dixon Advisory director Paul Ryan of breaching his duties began Monday, a case that puts the spotlight on legal advice over a deed that affected the wealth management firm’s capacity to recoup a $19 million debt on the eve of its collapse.

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