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HSBC has agreed to pay a $35 million penalty in ASIC proceedings after it admitted to serious failures in protecting customers from scams, but a judge is questioning whether the penalty is high enough.
US-based advisory firm White Oak, which has sued insurer IAL over the collapse of Greensill Capital, has been ordered to hand over WhatsApp messages between its former CEO and billionaire Sanjeev Gupta.
Clayton Utz has promoted five senior lawyers to its partnership, including a class actions specialist, the smallest round of promotions this year among the Big Six.
Legislation introduced in Victoria that would require companies to allow employees to work from home two days a week -- and to cover the reasonable costs of the arrangement -- would give employees in the same workforce different rights, according to a legal expert.
Lawyers for radio personality Jackie 'O' Henderson are seeking to keep October trial dates for her showdown against former employer ARN after her former co-host Kyle Sandilands settled his case against the company for $12 million.
A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.
Law firm Allens has told a parliamentary committee that a court should weigh in on whether parliament's powers to compel information overrode KPMG's legal privilege, as the auditor resists orders to produce documents.
The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence.
ARN Media has reached a $12 million settlement with radio personality Kyle Sandilands, who sued the network over its decision to scrap his 10-year $100 million contract following an on-air fight with co-host Jackie 'O' Henderson.
Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.