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A&O Shearman has poached a Squire Patton Boggs partner to build a dedicated real estate practice in Australia.
Companies to face higher penalties under proposed environment laws
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The federal government plans to significantly increase penalties for companies that contravene environment laws as it moves forward with a suite of changes described by Greens Senator Sarah Hanson-Young as “not worth the paper they’re printed on”.
Lendlease offloads $900M Erina Fair shopping centre from embattled fund
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Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW’s Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.
Regis Healthcare inks $45M deal for 2 aged care homes
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Regis Healthcare has acquired two new aged care homes in regional Victoria for $45 million to meet growing demand for its services.
Westpac agrees to $20M penalty in ASIC case against RAMS
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A judge has raised concerns about whether an agreed-to $20 million penalty against Westpac’s defunct home loan subsidiary RAMS is enough to deter other lenders from breaking credit rules.
Lawyer fined for non-compliance with drug test undertaking
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A criminal defence lawyer who pleaded guilty to drug possession after being caught with cocaine outside a Queensland courthouse has been slapped with a $10,000 fine and a public reprimand after breaching a drug testing undertaking.
Oracle wins stay of dispute with ATO over royalty tax
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Software giant Oracle has won its bid to stay a $252 million fight with ATO over royalties, with the Full Federal Court finding the cases would not provide guidance in 15 other software disputes about the operation of the royalty tax.
Westpac employee told WFH ‘no substitute for childcare’
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Westpac has lost a dispute with a part-time employee who asked to work from home to care for two young children and was told by a manager that “working from home is no substitution for childcare”.
BDO points finger at Dubber CEO, solicitor in defence to $26M case
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Auditor BDO has hit back at a negligence suit by Dubber over $26.6 million in alleged missing funds, making proportionate liability claims against the software company’s former CEO and external solicitor, who is said to have disbursed company funds “wrongly and in breach of trust”.
Brittany Higgins drops defamation appeal
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Brittany Higgins has reportedly dropped her appeal of a judgment that ordered her to pay $315,000 in damages for defaming her former boss Linda Reynolds with social media posts that implied the ex-Liberal senator mishandled her rape allegations against Bruce Lehrmann.