AMP has admitted ASIC’s allegations that it acted unconscionably in charging life insurance premiums and advice fees to deceased customers, but the wealth manager will go head to head with the regulator over how much it should pay for its contraventions.
Prime Minister Anthony Albanese is seeking legal advice over reports that predecessor Scott Morrison was secretly appointed to three ministry positions while in the top job.
US animal health giant Zoetis has offered to shed assets to win competition clearance for its proposed takeover of NSW-based pet drug maker Jurox.
Law firm Johnson Winter & Slattery is expanding its footprint with the opening of a Canberra office spearheaded by two new partners lured from MinterEllison and leading M&A partner Marcus Clark.
A lawyer has had his name struck off the roll for misconduct that “represented a gross departure from proper professional standards,” including making false claims for Legal Aid disbursements.
Insurance Australia Group faces a class action by shareholders over its disclosures connected to the impact of COVID-19 claims by policyholders.
Piper Alderman has recruited a former Mills Oakley partner to join its commercial litigation practice in Perth.
Mastercard had a legitimate and pro-competitive reason for reaching agreements with major retailers to choose its network over Eftpos for debit card processing, a court was told Wednesday in the competition regulator’s misuse of market power case against the financial services behemoth.
A government-approved plan to build a waste facility in western Tasmania has been parked, after environmental campaigners won a judgment declaring the federal government’s approval of the proposed tailings storage facility was invalid.
Gilbert + Tobin has lured K&L Gates’ global co-head of construction to join its energy and infrastructure practice in Melbourne.