Businessman Clive Palmer has successfully registered the United Australia Party name with the corporate regulator in what appears to be a settlement of his trade mark infringment suit against the expelled directors of another political party who had adopted the coveted moniker two years ago.
We Buy Houses’ director Rick Otton has withdrawn his appeal of a ruling that slugged him with a $6 million fine for misleading property investors, the highest ever penalty imposed on an individual for breaches of the Australian Consumer Law.
AIG Australia has appealed a decision that found it’s liable for covering four former directors being sued by collapsed Kaboko Mining after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.
The former general manager of compliance at the Law Institute of Victoria has taken the peak legal body to court, alleging she was dismissed in breach of the Fair Work Act after taking sick leave.
Laws that cut in half the amount of money third parties can spend on election campaigns in NSW are invalid, the High Court of Australia ruled Tuesday, in a major win for unions and the Labor party ahead of the state election in March.
Lawyerly spoke to ten class action experts on the release of the Australian Law Reform Commission’s highly anticipated report into the class action regime. While many of the ALRC’s proposals were expected — and welcomed as sensible — others were greeted with concern and skepticism. Here, we look at the most controversial of the 24 recommendations.
Law firms would be able to charge contingency fees and the corporate disclosure obligations would go under the microscope as part of a shake-up of the class action regime recommended by the Australian Law Reform Commission.
The Australian Securities and Investments Commission has called for the big accounting firms to focus on “culture and talent” after a new report found one in five audits had no reasonable basis for clearing company financial reports of material misstatements.
International law firm Jones Day has expanded its intellectual property team in Sydney, hiring experienced patent litigator Andrew Rankine from Ashurst as its second local partner.
Responding to a judge’s criticism of the class action “beauty parade”, two rival law firms have come up with a plan to deal with their competing shareholder class actions against Brambles.