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Investment bank JP Morgan Securities has been fined $775,000 by the corporate cop after it failed to interrogate a number of unusual orders on wheat futures that should have raised red flags.
Veteran information regulator to take the reins at OAIC
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A veteran regulator with decades of government experience has been appointed to lead the Office of the Australian Information Commission amid a major overhaul of privacy laws and simmering controversies over AI, children’s privacy and data security.
After class action tanks, pelvic mesh patient wins extra time to bring case against doctor
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A court has granted an extension to the limitation period for a pelvic mesh patient suing her doctor for negligence, finding she did not have the knowledge to bring the case before the three-year window closed and that her claim for substantial damages for personal injury appeared “well founded”.
Class action firms that play nice should not have a leg up in beauty parade, court told
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Appellate guidance is needed on whether a history of cooperation between law firms that brought competing class actions can be the deciding factor in a close carriage contest, the Victorian Court of Appeal has heard.
Bruce Lehrmann had no win, no fee agreement with defamation law firm, court told
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Bruce Lehrmann had no behind-the-scenes financial backer for his failed and costly defamation case against Network Ten but had entered a no win, no fee arrangement with his solicitors, a court has heard.
Livestream of Mark Latham trial may be cut off if parties face Lehrmann-like social media backlash
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Counsel for independent Sydney member Alex Greenwich has raised concerns about livestreaming the trial in his defamation case against former NSW One Nation leader Mark Latham after witnessing the “astonishing” and “very disturbing” social media commentary during the Bruce Lehrmann trial.
No Crown immunity for damage to sacred sites in NT, High Court says
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The Commonwealth can be held criminally responsible for damage to First Nations sacred sites in the Northern Territory, the High Court has unanimously found in a case over construction damage to Gunlom Falls in Kakadu National Park.
High Court clarifies law on reliance damages in contract spats
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The High Court has held that a contractor had a “prima facie entitlement” to recoup the costs of building an aircraft hangar in Cessnock, NSW, which it spent in reliance on the local government performing its obligations under their contract, in a case that clarifies how courts should assess reliance damages claims.
High Court asked to weigh in on employer’s duty to redeploy before redundancy
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The High Court had been asked to clarify the extent of protection for employers for genuine redundancies under the Fair Work Act, after an appeals court found the exemption was “not absolute”.
IPH moves to swallow up IP services rival QANTM with $265M offer
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IP services giant IPH Limited, which owns IP boutiques Spruson & Ferguson and Griffith Hack, has made an offer worth $265 million to acquire its rival QANTM Limited, after failing to woo its main competitor with a takeover bid in 2018.