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Fair trial not possible in virtual courtroom, says judge overseeing Obeid, Macdonald case
White Collar 2020-04-08 10:49 pm By Christine Caulfield

A fair trial cannot be conducted in a virtual courtroom, the judge overseeing the criminal case against former NSW Labor ministers Eddie Obeid and Ian Macdonald has said in adjourning their hearing for five months.

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Seven West sues Bauer to keep $40M acquisition on track
Corporate 2020-04-08 2:44 pm By Cat Fredenburgh

Seven West Media has filed a lawsuit against Bauer Media to compel the German company to complete its planned $40 million acquisition of the Australian media giant’s Pacific Magazines unit.

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Herbert Smith Freehills cuts partner profits, postpones staff salary reviews
Business of Law 2020-04-07 8:39 pm By Christine Caulfield

Herbert Smith Freehills is reducing partner profit distributions as part of cost-cutting measures in the face of uncertainty wrought by the coronavirus pandemic, and staff salary reviews have been postponed by six months.

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Partners will come last as COVID-19 shrinks law firm profits
Business of Law 2020-04-07 4:17 pm By Alison Eveleigh

While law firms turn to cost-cutting measures to manage shrinking revenues and uncertain cash flow during the coronavirus pandemic, including reducing staff pay and hours, partners may be last in line for a share of what’s left, a legal industry expert tells Lawyerly.

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Norton Rose Fulbright to cut staff hours, pay by up to 20% in work ‘flex’ arrangement
Business of Law 2020-04-07 11:38 am By Christine Caulfield

Bracing for a slowdown in work as a result of the coronavirus pandemic and calling on its staff to “face this situation together”, Norton Rose Fulbright is reducing pay and hours by up to 20 per cent for the majority of its 1000 lawyers and support staff in Australia.

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Coronavirus drags the legal profession into the 21st century
Business of Law 2020-04-06 8:16 pm By Miklos Bolza

The coronavirus has forged changes in the legal profession that will outlast the pandemic itself, leading to greater flexibility and efficiencies in an industry steeped in tradition and notably slow to adopt new technologies, sources told Lawyerly.

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Johnson & Johnson appeals landmark ruling in pelvic mesh class action
Class Actions 2020-04-06 2:40 pm By Cat Fredenburgh

Johnson & Johnson has appealed a ruling awarding the three lead applicants in a class action over its pelvic mesh products a combined $2.6 million in damages, after a judge found the company failed to adequately warn women of the implants’ risks.

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Directors look to shut down COVID-related shareholder class actions
Class Actions 2020-04-06 10:34 am By Cat Fredenburgh

The Australian Institute of Company Directors is calling on the Federal Government to bar lawsuits over coronavirus-related disclosures, including class actions, but some lawyers warned the proposal would leave companies free to mislead and deceive shareholders.

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Citing coronavirus, judge orders limited discovery in ANZ, Westpac ‘junk’ insurance class actions
Class Actions 2020-04-03 11:18 pm By Christine Caulfield

Noting the challenge of searching for documentary evidence while employees are working from home, a judge overseeing two consumer class actions against ANZ and Westpac has directed the banks to hand over only a limited number of documents to the applicants, and given them extra time to do it.

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Sparke Helmore says it should have to pay no more than $7.6M of IOOF judgment
Appeals 2020-04-03 9:24 pm By Alison Eveleigh

Sparke Helmore has admitted that legal advice it provided to IOOF subsidiary Australian Executor Trustees was inadequate but has argued it should be responsible only for up to 10 per cent of the $76.6 million judgment against AET over the sale of a timber plantation by collapsed forestry giant Gunns Group.

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