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Squire Patton Boggs recruits former Gilbert + Tobin lawyer for financial services team
Financial Services 2023-12-05 2:49 pm By Christine Caulfield

A former Gilbert + Tobin lawyer with over 20 years’ experience advising clients in finance transactions has joined Squire Patton Boggs’ as a partner in Sydney.

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PwC class action by Axsesstoday bondholders wants to add insurer, 3 years in
Class Actions 2023-12-04 11:29 pm By Christine Caulfield

More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.

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Gilbert + Tobin bolsters restructuring practice with Clayton Utz partner hire
Restructuring & Insolvency 2023-12-04 11:55 pm By Christine Caulfield

Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm’s leading restructuring and insolvency team, strengthening the practice to over 18 core lawyers.

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Supreme Court gets back up as NSW minister spruiks industrial tribunal
Courts 2023-12-01 11:44 pm By Christine Caulfield

In a rare public statement, the NSW Supreme Court has sought to correct what it says are inaccuracies in comments by the state industrial relations minister contrasting it unfavourably with a proposed new court dedicated to workplace disputes.

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Solicitors’ CFO question in Blue Sky class action sent to Full Court
Class Actions 2023-11-29 11:38 pm By Christine Caulfield

Weeks after giving the thumbs up to common fund orders at settlement, the Full Federal Court has been asked to decide whether judges have power to order payment of a commission to class action solicitors — not just funders.

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Kennedys snags Clyde & Co managing partner for insurance team
Insurance 2023-11-29 11:29 pm By Christine Caulfield

Global law firm Kennedys has bolstered its insurance practice with the appointment of Clyde & Co’s managing partner in Australia.

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Ex-BBY manager charged over $8.4M transfer of client funds before collapse
ASIC 2023-11-28 2:25 pm By Christine Caulfield

A former manager of stockbroking firm BBY Limited is the second senior employee to front court faced with criminal charges following the firm’s failure.

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Yoghurt maker Moo removes ‘100% ocean plastic’ claim from tubs
Competition & Consumer Protection 2023-11-28 1:39 pm By Christine Caulfield

Moo Premium Foods has agreed to remove claims from its yoghurt tubs that the packaging is made from 100% ocean plastic, following an investigation by the ACCC as part of the regulator’s crackdown on greenwashing.

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Optus appeals decision exposing Deloitte report to class action glare
Class Actions 2023-11-27 10:12 am By Christine Caulfield

Optus has lodged an appeal of a judgment that found the teleco could not claim legal professional privilege to shield from a class action a report by consulting giant Deloitte into last year’s major data breach.

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Online trader Plus500 faces another class action over risky CFDs
Financial Services 2023-11-27 1:16 pm By Christine Caulfield

London-headquartered online trader Plus500 has been hit with a second class action by investors who lost money trading in highly leveraged financial products.

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