AI

From trickle to steady stream, how GenAI and ‘fake law’ are impacting courts

The use of generative AI in litigation is on the rise in Australia, according to a new report, and one expert says he hopes that increasing awareness of the risks of using generative AI means lawyers will be smart about its use in the future. 

Telecommunications

Optus fined $826,000 over scam breaches

Optus has been hit with a penalty of more than $826,000 after scammers exploited a vulnerability in its third-party verification system and stole $39,000 from customers' bank accounts.

Securities

Keybridge files $1.7 million suit over alleged unfair share conversion

Keybridge Capital has filed a lawsuit against E&P Investments seeking $1.7 million in compensation over the allegedly unfair conversion of almost 40,000 URFPA units held in E&P’s New York real estate investment fund as part of a share buyback program. 

M&A

Mayne wins extension of FIRB deadline for Cosette takeover

The Foreign Investment Review Board has extended the deadline for ruling on Cosette's proposed $672 million takeover of Mayne Pharma.

Privacy & Cybersecurity

Herald Sun apologises to Sam Groth, wife over relationship articles

The Herald Sun has apologised to Victorian deputy Liberal leader Sam Groth and his wife, Brittany, over articles at the centre of a privacy and defamation lawsuit brought by the pair.

Business of Law

Thomson Geer welcomes back tax specialist from EY

Thomson Geer has appointed returning lawyer Aimee Riley as its newest tax partner, luring her back from professional services giant EY.

Business of Law

Ashurst to merge with US firm Perkins Coie

Ashurst has announced plans to merge with US law firm Perkins Coie, creating a powerhouse firm with 3,000 lawyers across 23 countries with ambitions to lead the way on AI.

Employment

Coles, Woolworths may face bigger underpayments bill in class actions

Underpayments class actions against Coles and Woolworths want to expand their claims to cover a longer time period, which would leave the supermarket giants with even bigger remediation bills than the $780 million estimated in the wake of a finding that underpayments cannot be set off.

Human Rights

University of Sydney staff can’t continue racial discrimination case as class action

University of Sydney staff members who claim a professor unlawfully “named and shamed” them as pro-Israel have lost their bid to continue their racial discrimination case as a class action, while the university has lost a summary dismissal bid in a similar case.

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