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Banksia class action solicitor suspended from roll for two years
The solicitor found to have acted as a "postbox" to hide conflicts of interest in the class action over Banksia Securities' collapse has been suspended from the roll of practitioners in Victoria for two years, after a judge found he was presently unfit to practice.
Mills Oakley brings on HWL Ebsworth partner to launch cyber risk and insurance practice
Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.
Herbert Smith Freehills eyes tax law leader status with partner sweep
As it severs ties with specialist outfit Greenwoods, Herbert Smith Freehills has brought on three tax law experts as part of the firm's plans to beef up its commercial tax practice.
Lawyers urge AG to retain flexibility of COVID-era online hearings
The head of NSW's peak legal body has called on the state's Attorney General to retain a number of COVID-19 measures to improve access to justice.
Albanese government welcomes class action funder’s defeat of MIS regulation
The federal government said Friday it would consider the implications of an appeals court's finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.
RIP MIS: Funders, lawyers hail end of ‘ill-fitting’ regime for class actions
The ruling by the Full Federal Court that funded class actions are not managed investment schemes marks the end of an ill-considered regime enacted by the Morrison government to rein in class actions, but the debate over regulation of litigation funders is not over yet.
Full Court finds class actions are not managed investment schemes
In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.
Prosecutors secure second guilty plea in Nova Minerals market manipulation case
NSW man Benjamin Cooper has pleaded guilty to manipulating the share price of Nova Minerals in a conspiracy that involved the gold ore mining company's former CEO.
Gilbert + Tobin lures M&A partner from Squire Patton Boggs
Gilbert + Tobin has wooed a corporate partner from Squire Patton Boggs with significant experience advising on transactions involving heavy hitters in the natural resources sector, including working on a US$15.2 billion rights issue by Rio Tinto.
Mills Oakley snags employment law bigwig from King & Wood Mallesons
Mills Oakley has poached a leading employment law partner from King & Wood Mallesons for its growing workplace relations team.