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Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac’s fraud case against him.
Labor promises to take fight over religious discrimination bill to the Senate
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The Morrison government’s controversial religious discrimination bill passed after a marathon hearing in the House of Representatives on Wednesday, despite being widely criticized for privileging religious rights and freedoms at the expense of others.
Bristol-Myers Squibb to open up cancer treatment program to settle Merck Sharpe & Dohme lawsuit
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Bristol-Myers Squibb has agreed to open up its subsidised treatment program for stage IV melanoma patients to individuals who have been treated with drugs made by its competitors to settle a misuse of market power lawsuit brought by rival Merck Sharpe & Dohme.
Lander & Rogers nabs M&A team from KPMG Law
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Lander & Rogers has recruited four leading corporate lawyers from KPMG Law, including highly-regarded partner David Morris, as part of the law firm’s aggressive growth strategy.
Legal firm structure in the spotlight as new guidelines bite
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Lawyers will need to review their income arrangements in light of new tax guidelines that could expose them to greater ATO scrutiny, says Pitcher Partners executive director Ashley Davidson.
Class action members guaranteed more than 70% in first case giving lawyers slice of the pie
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The first order allowing plaintiffs lawyers to take a cut of the proceeds of a class action will guarantee group members in a case against G8 Education at least 72.5 per cent of any recoveries — a notably higher percentage than the minimum legislated by a controversial bill before federal parliament.
Macpherson Kelley faces trial over botched lease that gave Shell extra land
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Macpherson Kelley is headed for trial next week in a case that alleges the law firm bungled the execution of a 10-year lease agreement with Shell for a service station in Melbourne, giving the energy giant an extra 320 square metres equating to $2.5 million in lost rent for its landlord client.
Citing ‘leisure wear effect’, MySuper class action seeks in-person hearing
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The parties in a class action accusing a Commonwealth Bank of Australia unit of breaching its superannuation trustee duties want the matter to be heard in person and are willing to foot the bill for the judge to travel to Sydney to make it happen.
‘The bar has been raised’: Westpac sacking over work drinks touching upheld
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The Fair Work Commission has upheld the dismissal of a long-serving Westpac manager who touched a colleague “in an intimate manner” at an after-work drinks, warning that such behaviour will be judged against higher standards than in the past.
IP Australia puts kibosh on extension for Bayer’s contraceptive patent
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IP Australia has quashed an extension for a patent covering a Bayer oral contraceptive, saying the extension should have been calculated based on a drug that was included on the Australian Register of Therapeutic Goods at an earlier date.