Canberra property developer faces class action investigation for rescinding off-the-plan contracts

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A Canberra-based property developer may be hit with a class action for allegedly engaging in misleading and deceptive practices which caused financial losses to property buyers, including by rescinding or cancelling off-the-plan contracts in the midst of the COVID-19 pandemic.

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Ex-Norton Rose lawyer barred from acting for client over conflict of interest

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The lawyer at the centre of a $160,000 legal battle with former employer Norton Rose Fulbright has been restrained from acting as his own corporation’s legal representative in a joint venture dispute due to a conflict of interest.

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Agrison to pay $284,000 for misleading warranty representations

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Agricultural equipment supplier Agrison has been ordered to pay a $220,000 pecuniary penalty after admitting to misleading its customers about the terms of its tractor warranties.

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Law firms need to do more to boost diversity in legal profession, NSW Law Society says

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The NSW Law Society says law firms should consider equitable briefing and setting quotas to improve cultural diversity in the legal profession, saying more needs to be done to make the industry more inclusive.

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Star Entertainment’s woes worsen with third class action probe

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A third law firm has launched an investigation into a potential shareholder class action against Star Entertainment Group after a $1 billion share price nosedive on the back of allegations of lax management of anti-terrorism and money laundering risks.

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Plastic surgeon and TikTok celeb can’t stop ABC from airing Four Corners episode

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A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.

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Judge extends asset freeze over iSignthis CEO in $10M stoush with tax office

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A judge has extended by a week a freezing order over the assets of ISignthis CEO John Karantzis in a dispute with the Australian Taxation Office over a $10.7M alleged tax debt, but a bid to extend the scope of the order to include shares in a Cyprus-based company launched by the fintech businessman has failed for now.

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a2 Milk faces new shareholder class action investigation

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The a2 Milk Company is facing the prospect of a second shareholder class action over its 2021 financial guidance and subsequent downgrades following Slater & Gordon’s case earlier this month. 

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Ian Macdonald, Obeids sentenced to jail time for bid-rigging conspiracy

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Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go to jail for a non parole period of three years for their conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.

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