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ASIC to shift regulatory priorities amid pandemic
The Australian Securities and Investments Commission will continue its enforcement activities amid the spread of the coronavirus but will prioritise cracking down on behaviour that threatens "immediate consumer harm".
DLA Piper admits to breaching disclosure obligations in $466,000 costs dispute
A dispute over approximately $466,000 in unpaid legal costs has been sent to the Victorian Supreme Court after DLA Piper admitted it breached its disclosure obligations to a client in a patent case over a laser safety system.
Insolvency, bankruptcy laws relaxed as government tries to keep businesses afloat
Companies under financial strain from measures to stop the spread of the coronavirus will get a reprieve from insolvency and bankruptcy laws as the Federal Government looks to stem a possible tide of company collapses.
Coronavirus shuts down ACCC cross-examinations in landmark ANZ cartel case
For the lawyers conducting the committal hearings in the criminal cartel case over ANZ's $2.5 billion equity raising, the Sydney Downing Centre courtroom was already too close for comfort.
Former Russells solicitor resolves case against firm
A former Russells restructuring and insolvency lawyer has resolved a lawsuit alleging the firm tried to manufacture a reason to terminate his unemployment.
Litigating in the age of coronavirus: The Dick Smith trial goes virtual
Six law firms are working on a consolidated trial of multiple class actions over the collapse of retailer Dick Smith, but when the trial opened in the NSW Supreme Court this week, a lone barrister appeared in court before Justice Michael Ball, amid a sea of empty bar tables. Most of the hearing's participants joined through a virtual courtroom while members of the public were invited to watch the trial unfold on a YouTube live stream. Welcome to litigating in the age of the coronavirus.
‘Free the flag’: Copyright dispute over Aboriginal flag looms
A company that holds the copyright for the Aboriginal flag may file a lawsuit against a website that sells flags featuring the design with the words 'Free the flag' in the middle.
Appeals court rejects Fairfax challenge to defamation ruling for Chau Chak Wing
Fairfax Media has failed in its appeal of a judgment that found the publisher defamed Chinese-Australian businessman Dr Chau Chak Wing in a Sydney Morning Herald article that linked him to an international bribery scandal.
AFT loses challenge to ruling over ‘misleading’ Maxigesic ads
AFT Pharmaceuticals has lost its challenge to a ruling that ads claiming its painkiller Maxigesic is more effective than Nuremol were misleading and deceptive, with the Full Federal Court saying the primary judge did not err in finding the ads lacked an adequate scientific basis.
Clive Palmer loses second bid to quash criminal charges over resort villa takeover
Billionaire Clive Palmer has lost his appeals court fight to shut down criminal proceedings alleging his resort company breached takeover laws, with three judges saying his claims were untenable.