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ASIC hits pause on Humm’s buy now, pay later products
The Australian Securities and Investments Commission has hit fintech Humm Group with an interim stop order barring it from issuing buy now, pay later products to new customers.
Sydney fraudster Melissa Caddick dead, coroner finds
The New South Wales deputy state coroner has concluded that accused conwoman Melissa Caddick is dead, but questions remain about the circumstances of her death.
PwC tax document leaks scandal referred by Treasury to police
Treasury has referred the tax policy leak scandal engulfing PricewaterhouseCoopers to federal police for possible criminal investigation.
Victorian judge picked to turn around troubled AAT
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.
Greenwashing, ESG next target for class action firms, says Clayton Utz partner
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.
Dentons adds top barrister to dispute resolution team
Dentons has welcomed former barrister and NSW Industrial Relations commissioner Jane Seymour to its dispute resolution team in Sydney.
Having their cake and ATEing it too? Class action funders face scrutiny for defraying risk
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.
‘Looks like credit, acts like credit’: Government flags reforms to buy now, pay later industry
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.
TPG-backed company fleeced in major scam tied to $1B climate deal, court told
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.
Victorian Bar to poll members on endorsing Voice to Parliament
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.