Subject

The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.

The High Court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, tossing an appeal by the ATO.

The High Court has granted special leave to traditional owners who argue the Full Court erred in finding the WA government’s decision to expedite an exploration application by mining company Uro Western is not subject to judicial review. 

The head of ASIC has told a Senate panel that the regulator is taking an “aggressive” stance on cases related to the collapse of the First Guardian and Shield Funds, with 50 to 60 people working around the clock. 

The Federal Circuit and Family Court has issued a guidance on the use of AI in court proceedings, saying that users of the technology are responsible for verifying any AI-generated outputs.

The High Court has been asked to rule on whether a subjective belief that misconduct has been disclosed is necessary for the whistleblower protections to apply.

Now is the time for employers to review AI deployment through the lens of existing legal obligations, rather than waiting for legislation that may not arrive, says HWL Ebsworth partner Chris Shelley and solicitor Tanisha Chadha.

A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.

While law firms have swiftly adopted artificial intelligence to boost efficiency, a recent report has found that AI is not affecting most large Australian law firms’ billable hours, raising questions about whether savings are being passed on to clients.

Noting the aging group members, a judge has pushed the parties in two class actions against aged care facilities over COVID-19 outbreaks to shoot for a 2027 or early-2028 trial date.