Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial

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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”.

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Emirates Group can’t recoup $10.5M paid to Australian staff through JobKeeper

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Eight companies in the Dubai-based Emirates Group have lost a court bid to recoup more than $10.5 million paid to Australian staff during the COVID-19 pandemic on the mistaken belief that the money would be repaid as part of the federal government’s JobKeeper subsidy scheme.

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Corrs Chambers lures two industrial relations pros from Herbert Smith Freehills

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Corrs Chambers Westgarth has nabbed two prominent industrial relations professionals with nearly fifty years combined experience from Herbert Smith Freehills to expand its employment and labour group.

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Judge appoints sample group members in $500M Uber class action

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A judge has appointed seven sample group members in a class action by taxi and hire car drivers against Uber, saying they would provide additional information about the regulatory environment in different states and bring focus to the trial.

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Outlook for law firms positive as ‘battle for talent’ rages on, report finds

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The legal market has experienced unprecedented growth during the last year despite the coronavirus pandemic, but law firms are “battling” to retain and hire lawyers, a CBA report has found.

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Cotton On takes rival to court over ‘unjustifiable’ litigation threats

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Australian clothing retailer Cotton On has taken rival surf and streetwear brand Ghanda to court over “unjustifiable” and “groundless” accusations of copyright and trade mark infringement.

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Franchisee lawsuit accuses Quest of ‘unfair’ termination tactics

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Quest Serviced Apartments is using unfair tactics to unlawfully terminate franchise agreements, according to a lawsuit by a franchisee that is fighting to keep its doors open after COVID-19 restrictions forced closures across the country.

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Government grilled on constitutionality of class action reform bill

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The Attorney General’s Department has been hammered with questions over an opinion by the former Solicitor-General that casts doubt on the constitutionality of the controversial class action bill before federal parliament.

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EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action

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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.

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‘Astonished’ judge scolds law firms for slow progress in Treasury Wine Estates class action

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A Victoria Supreme Court judge has admonished Maurice Blackburn and Slater & Gordon for their less than speedy progress in a consolidated shareholder class action against Treasury Wine Estates, after hearing that evidence would not be filed by the plaintiffs until the end of 2022.

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