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K&L Gates picks up corporate partner from Johnson Winter Slattery
Business of Law 2024-04-17 12:59 pm By Cat Fredenburgh

K&L Gates continues to grow its corporate partnership, luring a private equity and M&A partner with international expertise from Johnson Winter Slattery.

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Business to face higher penalties for environment law violations
Environment 2024-04-16 3:47 pm By Cat Fredenburgh

Businesses that violate environment law could soon face fines of up to $780 million, under a plan that promises tougher enforcement through the creation of an Environment Protection Agency, alongside speedier environment approvals for projects.

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Court blesses Halifax liquidators’ settlement with King & Wood Mallesons
Restructuring & Insolvency 2024-04-15 11:10 pm By Cat Fredenburgh

The liquidators for Halifax Investment Services were justified in reaching a compromise settlement in proceedings against King & Wood Mallesons alleging the firm and former auditor Bentleys failed to advise the defunct stockbroker that it had to hold client funds used to trade on its online platform on trust, a judge has found.

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Super fund faces $40M class action by transport workers
Class Actions 2024-04-12 3:19 am By Cat Fredenburgh

Transport workers have lodged a $40 million class action against one of the country’s largest super funds for allegedly miscalculating their superannuation entitlements.

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Prosecutors drop criminal case against Meta over scam crypto ads
White Collar 2024-04-12 4:27 am By Cat Fredenburgh

A criminal case against Facebook owner Meta sparked by mining magnate Andrew Forrest over scam cryptocurrency ads has been dropped, while a similar case by the Australian Competition and Consumer Commission remains on foot.

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MinterEllison loses head of climate group to advisory firm
Environment 2024-04-11 10:30 pm By Cat Fredenburgh

Investment and advisory firm Pollination Group has poached a leading climate lawyer who led MinterEllison’s global climate practice group to bolster its offering of cutting edge advice on the transition to net zero.

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ACCC’s powers to review mergers to get boost under planned reforms
Competition & Consumer Protection 2024-04-09 11:21 pm By Cat Fredenburgh

Treasurer Jim Chalmers is expected to announce changes to Australia’s merger review regime on Wednesday that will require companies to notify the Australian Competition and Consumer Commission of deals above a certain threshold.

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ASIC says it lacks evidence to charge Nuix CEO with insider trading
Securities 2024-04-08 11:21 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its investigation into whether Nuix’s chief executive officer Jonathan Rubinsztein unlawfully bought shares in the company after learning about a potential takeover offer.

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Melbourne Uni fined for conduct of boss who called academic ‘self-entitled Y-genner’
Education 2024-04-05 10:20 pm By Cat Fredenburgh

A judge has slapped the University of Melbourne with a $74,590 penalty for taking adverse action against two casual academics to prevent them from claiming payment for extra hours worked.

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‘Real lack of care’: Judge scolds class action firm over costs dispute with funder
Class Actions 2024-04-04 11:23 pm By Cat Fredenburgh

A bid by the law firm behind a settled class action against Hays Recruitment to increase a cap on costs to settle a spat with a litigation funder has been dashed, with a judge pulling up the firm for failing to inform the court of the funder’s claim.

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