A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.
Emirates Group can’t recoup $10.5M paid to Australian staff through JobKeeper
Corrs Chambers lures two industrial relations pros from Herbert Smith Freehills
Judge appoints sample group members in $500M Uber class action
Outlook for law firms positive as ‘battle for talent’ rages on, report finds
Cotton On takes rival to court over ‘unjustifiable’ litigation threats
Franchisee lawsuit accuses Quest of ‘unfair’ termination tactics
Government grilled on constitutionality of class action reform bill
EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action
Accounting firm Pitcher Partners was “solely responsible” for giving allegedly negligent advice about Slater & Gordon’s disastrous $1.2 billion Quindell acquisition ahead of the law firm’s massive losses in 2016, Ernst & Young has argued at trial in a long-running class action by the firm’s shareholders.