Embattled Virgin Australia has entered voluntary administration after the Morrison government knocked back its plea for a $1.4 billion lifeline, the airline confirmed Tuesday.
HopgoodGanim will cut equity partner income by 50 per cent and staff salaries and hours by 20 per cent for up to six months to preserve jobs and ensure the sustainability of the firm during the coronavirus pandemic.
In response to the COVID-19 pandemic, lawyers are litigating from their lounge rooms and negotiating contracts on new technology platforms. While the profession has embraced the change, working from home exposes firms to specific IT security risks.
Ashurst will cut partner and staff salaries by 20 per cent to brace for an anticipated slowdown in the markets where it operates due to the coronavirus pandemic.
Cruise company Australian Pacific Touring has settled a lawsuit brought against the Federal Government challenging an order forcing foreign-owned cruise ships out of Australian waters due to health concerns raised by the coronavirus.
Ford has lost its bid to delay an upcoming virtual trial in a class action over allegedly defective PowerShift transmissions, with a judge saying the parties must try to make a virtual trial work because the current “unsatisfactory” circumstances caused by the coronavirus pandemic could continue for a year or more.
Camping goods retailer Aussie Disposals has entered voluntary administration, blaming the summer bushfires and the coronavirus pandemic for its fate.
Administrators of collapsed retailer Colette by Colette Hayman will not have to pay over $714,000 in rent after court ruled that a temporary rent freeze in light of the COVID-19 crisis was in the interests of the company’s creditors.
The jury trial for a criminal cartel case against mobility equipment provider Country Care and two employees is unlikely to start before next year due to restrictions on jury trials caused by the coronavirus pandemic, a judge has said.
A leading barrister has been appointed by the NSW premier to head an inquiry to investigate the docking and disembarking of the Ruby Princess cruise ship, now linked to 18 COVID-19 related deaths.