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White shoe firm White & Case has lured a partner from Norton Rose Fulbright to beef up its competition capabilities in Australia.
Class action barristers among new crop of Victorian silks
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Twenty-three barristers have joined the ranks of senior counsel in Victoria, including lawyers who have helped secure hundreds of millions of dollars in class action settlements.
Class action trial looms for CBA over money laundering disclosures
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The Commonwealth Bank of Australia faces trial Monday in one of several class actions filed against a major Australian company in recent years over allegedly lax money laundering practices and disclosures.
Crypto, greenwashing and predatory lending on ASIC’s radar amid ‘near-perfect storm’
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The Australian Securities and Investments Commission is targeting predatory lending, greenwashing and crypto-assets as rising interest rates cause consumers to turn to fringe sources of credit.
ASIC’s greenwashing crackdown means no more ‘purely aspirational’ targets
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The Australian Securities and Investments Commission has drawn “a line in the sand” on greenwashing and will no longer accept “purely aspirational” climate change targets from companies, the regulator’s deputy chair has said.
ASIC boss sounds warning about ‘risky’ crypto-assets amid flurry of investigations
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The chair of the Australian Securities and Investments Commission has warned consumers about investing in “risky, speciality, poorly understood” crypto-assets, as the regulator steps up its investigations into managed funds acting in the space.
‘Flagrant abuse’: Lawyer hit with costs for disclosing settlement talks
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A lawyer has been hit with a personal costs order after filing “plainly prejudicial” documents with the court that caused the adjournment and re-listing of a five-day trial.
AUSTRAC to probe Sportsbet, Bet365 over money laundering concerns
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Sportsbet and Bet365 face an audit by AUSTRAC over their compliance with anti-money laundering and counter-terrorism financing laws.
iSignthis drops $464M lawsuit against ASX
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Fintech iSignthis has dropped a $464 million lawsuit brought against the Australian Stock Exchange three years ago over allegedly misleading conduct in relation to the suspension of the company’s shares.
Judge warns Domino’s about ‘trial by ambush’ as underpayments class action hearing kicks off
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A judge has slammed Domino’s for its “entirely unsatisfactory” opening submissions in an underpayments class action, warning the pizza giant not to hide arguments and evidence up its sleeve.