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Victorian judge picked to turn around troubled AAT
Courts 2023-05-24 12:15 pm By Cindy Cameronne

A judge from the Supreme Court of Victoria has been selected to lead the successor to the troubled Administrative Appeals Tribunal, which will be abolished following allegations the former government appointed political allies with no expertise.

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Greenwashing, ESG next target for class action firms, says Clayton Utz partner
Class Actions 2023-05-24 11:00 pm By Cindy Cameronne

Class action firms and funders will set their sights on claims related to environmental, social and governance investing, says Clayton Utz’s new litigation partner Matthew Spain, but whether the game is worth the candle remains to be seen.

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Dentons adds top barrister to dispute resolution team
People In The News 2023-05-24 3:51 pm By Gareth Baker

Dentons has welcomed former barrister and NSW Industrial Relations commissioner Jane Seymour to its dispute resolution team in Sydney.

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Having their cake and ATEing it too? Class action funders face scrutiny for defraying risk
Analysis 2023-05-23 11:12 pm By Christine Caulfield

As the spotlight on class action costs grows, litigation funders can expect increased judicial scrutiny of their attempts to pass on the cost of after-the-event insurance premiums to class action members.

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‘Looks like credit, acts like credit’: Government flags reforms to buy now, pay later industry
Fintech 2023-05-22 2:32 pm By Sam Matthews

Buy now, pay later services will soon be regulated as credit products under proposed changes to the law flagged by the federal government amid concerns about financial risks the service poses to consumers.

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TPG-backed company fleeced in major scam tied to $1B climate deal, court told
Exclusive 2023-05-18 11:00 pm By Cindy Cameronne

TPG-owned Anew Climate has sued an Australian company that allegedly impersonated a US carbon offset developer by using “bogus” emails to unlawfully receive payments under a $968 million (US$640 million) investment deal, a court has heard.

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Victorian Bar to poll members on endorsing Voice to Parliament
Policy and Regulation 2023-05-18 4:50 pm By Sam Matthews

A group of Victorian barristers says the Bar has a responsibility to make a public statement backing the proposed Voice to Parliament, while others have questioned the “propriety” of speaking out, an email to members reveals.

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Sydney MP Alex Greenwich to sue Mark Latham over homophobic tweet
Defamation 2023-05-18 2:29 pm By Cindy Cameronne

Independent member for Sydney Alex Greenwich is preparing to bring a defamation case against One Nation’s NSW leader, Mark Latham, after he published a homophobic post on Twitter last month.

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PwC tax leak scandal puts spotlight on firms’ uneasy commitment to compliance
Tax 2023-05-17 11:26 pm By Sam Matthews

The tax leaks scandal engulfing PwC has shone a spotlight on the culture of large professional services firms, where ensuring compliance with good governance is akin to “herding cats”, experts say.

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ASIC claims Solvar unit provided unsuitable car loans to vulnerable customers
ASIC 2023-05-17 11:00 pm By Gareth Baker

The Australian Securities and Investments Commission has dragged lender Money3 to court for allegedly failing to properly assess the creditworthiness of low-income individuals before saddling them with $11,000 loans for second-hand car purchases.

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