A self-managed superannuation fund has taken Slater & Gordon to court to block the the acquisition of its shares in the firm as part of the plaintiff firm’s takeover by private equity firm Allegro Funds, saying the 55 cents per share price is not fair and reasonable.
A judge has criticised HWL Ebsworth’s discovery efforts and ordered the law firm to try again in the firm’s dispute with a former partner claiming the company cut him out of a proposed ASX float in 2020.
The risk of a recession-fueled slowdown is the biggest worry for small and mid-size law firms this year, according to a new report, as more than 35 per cent of firms expect revenues to remain flat or decline.
An appeals court has held that a Sydney solicitor can’t be sued for negligence for a failure to include a breach of contract claim in a building dispute, saying the lawyer was protected by advocate’s immunity because his decision was “intimately connected” with the litigation.
Commonwealth Bank of Australia has recruited Clayton Utz partner and executive chair Karen O’Flynn to replace the outgoing Carmel Mulhern as the bank’s group general counsel.
For Meridian Lawyers managing director Paul Baker, the challenging decisions for executives post-COVID are almost as great now as they were in the difficult early days of the pandemic, including getting it right on remote work.
The Federal Court has come out in defence of one of its own, characterizing some media coverage of Justice Mordy Bromberg’s appointment to the Australian Law Reform Commission as “ill-informed”, in a statement strongly backed by lawyers and a leading judicial expert.
The Albanese government has appointed Australia’s first cybersecurity coordinator in the wake of a string cyberattacks against large firms, including one against law firm HWL Ebsworth which the privacy minister likened to the Optus and Medibank hacks.
The legal industry is one of the most vulnerable to attack by ransomware, with over 200 attacks worldwide in three years, according to a recent report.
The NSW Supreme Court will welcome two prolific commercial silks to the bench, including a barrister known as an advocate for gender equality at the bar.