GetSwift served notice of class action from shareholders

GetSwift served notice of class action from shareholders

Logistics software company GetSwift (ASX: GSW) is facing a class action from shareholders over allegations it has engaged in misleading and deceptive conduct and two other legal firms are also considering launching a class action.

Law firm Squire Patton Boggs has applied to commence the action in the Federal Court, while litigation funde...

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McGrath appoints Sydney lawyer Andrew Robinson to new board

McGrath appoints Sydney lawyer Andrew Robinson to new board

John McGrath has revealed Sydney lawyer Andrew Robinson wil be one of the two two new directors who will join the board of his struggling listed real estate business McGrath (ASX: MEA) tasked with the job of turning the company around. The other appointee is Peter Lewis, Kerry Stokes's former chief financial officer, who will be the new ...

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Queensland patients victims of unfair medical negligence legal process, says Mark O'Connor

Queensland patients victims of unfair medical negligence legal process, says Mark O'Connor

A prominent Brisbane injury compensation law specialist says the legal system in Queensland is unfairly geared against negligence claims against doctors and hospitals.

Mark O'Connor says victims must negotiate a tortuous and expensive claims process greatly hampered by the fact that Queensland specialists are unwilling to give eviden...

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Herbert Smith Freehills advises global firm on major medical sale

Herbert Smith Freehills advises global firm on major medical sale

Herbert Smith Freehills has advised global private equity firm EQT on the sale of diagnostic imaging business I-MED Radiology Network to fellow private equity firm Permira. I-MED is the leading diagnostic imaging provider in Australia, performing almost five million procedures across 204 clinics every year. EQT, together with its co-inve...

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Slater & Gordon announces operations overhaul as CEO steps down

Slater & Gordon announces operations overhaul as CEO steps down

The CEO of Slater & Gordon (ASX: SGH), Hayden Stephens, has stepped down as the embattled law firm reveals a major overhaul of its operations. Effective immediately, John Somerville has been named as the new CEO, although Stephens will remain on the board as a non-executive director during the transition period. The departure of S...

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IPH Limited to merge three IP firms into one cohesive brand

IPH Limited to merge three IP firms into one cohesive brand

IPH Limited (ASX: IPH), the listed parent company of some of Australia's leading intellectual property firms, is making some changes to its subsidiaries to create a single cohesive brand. The firm has announced that three of its group businesses - Australian IP firms Fisher Adams Kelly Callinans, Cullens, and Asia-Pacific IP firm Spru...

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Court dismisses former gambling addict's claims against Aristocrat and Crown

Court dismisses former gambling addict's claims against Aristocrat and Crown

The Federal Court today decided on the case of Shonica Guy, a former gambling addict, who brought a claim of misleading and deceptive conduct against Crown Melbourne and Aristocrat Technologies Australia regarding Aristocrat's 'Dolphin Treasure' pokie machines. Justice Debbie Mortimer dismissed Guy's claims of unconscionab...

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CommBank taken to court accused of swap rate rigging

CommBank taken to court accused of swap rate rigging

Commonwealth Bank (ASX: CBA) has been taken to Federal Court by the corporate regulator over allegations it engaged in "unconscionable conduct and market manipulation" in relation to setting a key benchmark for setting the price of loans.

The Australian Securities and Investments Commission (ASIC) commenced proceedings in the Federa...

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Jones Day announces foray into Melbourne

Jones Day announces foray into Melbourne

Law firm Jones Day has announced that it will open a new office in Melbourne next month, taking its global tally of offices to 43. This marks the firm's fourth office Australia-wide after it first expanded to Sydney in 1998 and then again in 2014 and 2016 with its Perth and Brisbane offices respectively. Managing partner of Jones ...

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Australian law firms healthy despite persistent competition and disruption

Australian law firms healthy despite persistent competition and disruption

A new study into Australian law firms has revealed the Australian legal sector is healthy despite persistent problems. The seventh annual ALPMA Crowe Horwath Financial Performance Benchmarking Study indicated law firm profitability remains strong despite increasing disruption and a more competitive market. Profit margins remain strong...

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Class action against Retail Food Group expanded to help franchisees

Class action against Retail Food Group expanded to help franchisees

THE situation for Retail Food Group (ASX: RFG) continues to go from bad to worse with the potenital class action against them now expanding to assist franchisees. In December 2017, Bannister Law announced investigations for a potential shareholder class action into Retail Food Group over possible contraventions of the Corporations Act. ...

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Corporate Counsel president talks the future of the industry

Corporate Counsel president talks the future of the industry

FOR the newly elected president of the Association of Corporate Counsel (ACC) Australia, Karen Grumley, the future of the legal industry is a world of opportunity. While news surrounding the legal profession often reads 'doom and gloom' with the rise of smart technology and artificial intelligence, Grumley sees these kinds of adva...

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FORMER MINTERELLISON PARTNER LEAVES TO OPEN NEW LAW AND BUSINESS FIRM

FORMER MINTERELLISON PARTNER LEAVES TO OPEN NEW LAW AND BUSINESS FIRM

FORMER MinterEllison partner, Adam Merlehan, has left the multinational to establish a 'full service' multidisciplinary business and law practice. Merlehan Group, which will have offices in Brisbane, Sydney and Melbourne, will offer business strategy advice for growth or business optimisation. Merlehan's team will assist w...

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HARD WORK PAYS OFF FOR HELIX LEGAL FOUNDERS

HARD WORK PAYS OFF FOR HELIX LEGAL FOUNDERS

THE blood, sweat, and tears that has gone into creating Helix Legal have finally paid off for Director and Partner Janelle Kerrisk. The law firm, still in its infancy relative to other Queensland law firms, has gone from strength to strength since its inception. Recently, Kerrisk was awarded a National Association of Women in Construc...

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SLATER & GORDON MOVES ON MASSIVE DEBT TO PREVENT INSOLVENCY

SLATER & GORDON MOVES ON MASSIVE DEBT TO PREVENT INSOLVENCY

EMBATTLED law firm Slater & Gordon (ASX: SGH) has called on its shareholders to vote in favour of a recapitalisation of its "unsustainable debt levels" otherwise it will become insolvent.

Slater & Gordon says it owes a total of $761 million, as of 30 June 2017, which it cannot pay down and the debt level is greater than the ...

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AUSTRALIAN LAWYERS CLOCK NEARLY 3 MILLION PRO BONO HOURS OVER THE LAST 10 YEARS

AUSTRALIAN LAWYERS CLOCK NEARLY 3 MILLION PRO BONO HOURS OVER THE LAST 10 YEARS

OVER the past ten years Australian lawyers have contributed nearly 3 million pro bono hours of legal work. The Australian Pro Bono Centre's 10th Annual Performance Report shows Australian lawyers gave 2.86 million pro bono hours to the community over the last 10 years. 420,195 of those hours were contributed during the last financ...

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'CANCER BLOGGER' BELLE GIBSON GIVEN MASSIVE FINE OVER SCAM

'CANCER BLOGGER' BELLE GIBSON GIVEN MASSIVE FINE OVER SCAM

HEALTH and wellness blogger and convicted fraudster, Belle Gibson, has been handed a $410,000 fine for falsely claiming her brain cancer was cured through alternative remedies. Gibson profited off these claims through her best-selling app and cookbook called 'The Whole Pantry', which suggested she cured herself of cancer using alt...

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THE TECHNOLOGY THAT'S SET TO DISRUPT A PROFESSION AS OLD AS THE LAW ITSELF

THE TECHNOLOGY THAT'S SET TO DISRUPT A PROFESSION AS OLD AS THE LAW ITSELF

THE role of a barrister clerk might not be as glamourous as the role of the barrister but rest assured it is just as important. For those unfamiliar, a barrister clerk is the matchmaker between solicitors and barristers, and as such they're the trusted advisor and facilitator of connections to ensure the right barrister can be matched...

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CITY PACIFIC EXECS FACE $70M CLAIM AFTER LOSING APPEAL

CITY PACIFIC EXECS FACE $70M CLAIM AFTER LOSING APPEAL

TRILOGY Funds has won the right to recover $70 million from former City Pacific chief executive Phil Sullivan and other unsuccessful defendants. Two years after the original judgment against Sullivan and other senior executives, their appeal in the Federal Court was thrown out. Since the collapse of City Pacific in 2009, the Pacific F...

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VOCUS MAY FACE LARGE CLASS ACTION FROM SHAREHOLDERS

VOCUS MAY FACE LARGE CLASS ACTION FROM SHAREHOLDERS

LAW firm Slater & Gordon (ASX: SGH) is investigating a class action claim against telecommunications provider Vocus Group Limited (ASX: VOC). The claim, backed by litigation funder Investor Claim Partner, alleges that Vocus had no reasonable grounds for its original 2017 financial guidance, issued in November 2016 which was downgraded...

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REBEL WILSON RECEIVES MILLIONS IN DAMAGES FROM BAUER MEDIA

REBEL WILSON RECEIVES MILLIONS IN DAMAGES FROM BAUER MEDIA

BAUER Media has been ordered to pay more than $4.5 million in damages to Australian actress Rebel Wilson. The Hollywood actress and comedian sued the German-owned magazine company for publishing a series of defamatory stories in 2015. In June, a six-person jury found that Wilson was defamed by Bauer Media in eight articles because the...

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SLATER & GORDON BEGINS JOB CUTS AS MAJOR STRUCTURAL CHANGES ARE ANNOUNCED

SLATER & GORDON BEGINS JOB CUTS AS MAJOR STRUCTURAL CHANGES ARE ANNOUNCED

EMBATTLED law firm Slater & Gordon (ASX: SGH) will cut around seven per cent of its workforce as it aims to reduce costs and make structural changes in the face of heavy losses and legal dramas.

The firm released a preliminary strategic and operational review and announced it has begun consulting with "impacted" employees a...

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JAMES PACKER'S CROWN AND ARISTOCRAT FACING LANDMARK LEGAL CASE OVER POKIES 'ADDICTION'

JAMES PACKER'S CROWN AND ARISTOCRAT FACING LANDMARK LEGAL CASE OVER POKIES 'ADDICTION'

A LANDMARK pro-bono legal test which promises to highlight the "deceptive and misleading behaviour" of pokies manufacturers and venues will begin in the Federal Court with Aristocrat and James Packer's Crown Resorts as defendants in the case. The first-of-its-kind case will focus on the design of poker machines contributing ...

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SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M

SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M

Slater and Gordon (ASX: SGH) has agreed to settle one of the class actions brought against it by angry shareholders which is expected to cost the firm $36.5 million.

The law firm says the Federal Court will mediate a settlement with thousands of shareholders led by investor Matthew Hall.

Slater and Gordon released a statement on Tue...

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SLATER AND GORDON SHARES IN TRADING HALT AHEAD OF CRITICAL UPDATES

SLATER AND GORDON SHARES IN TRADING HALT AHEAD OF CRITICAL UPDATES

EMBATTLED law firm Slater and Gordon (ASX: SGH) has placed its shares in a trading halt ahead of an update on its legal dramas and a restructure proposal.

The company's shareholders are chasing compensation for the massive drop in the firm's value following its disastrous $1.3 billion acquisition of British professional services firm ...

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AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

MADDENS Lawyers is considering a class action against retirement village operator Aveo after a Four Corners-Fairfax investigation revealed its complicated contracts and exorbitant fees.

The law firm issued a statement late on Thursday calling on residents at Aveo facilities to get in touch with them if they feel they have been financially dis...

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LENDERS TAKE CONTROL OF SLATER AND GORDON AS MD ANDREW GRECH STEPS DOWN

LENDERS TAKE CONTROL OF SLATER AND GORDON AS MD ANDREW GRECH STEPS DOWN

SLATER and Gordon boss Andrew Grech has stepped down and a board cleanout is underway as part of a major restructuring process that gives control to its lenders. Under a binding recapitalisation agreement, Slater and Gordon's (ASX: SGH) lenders will gain approximately 95 per cent of the company's equity, enabling them to appoint a...

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HOPGOODGANIM INVESTS IN EFFECTIVE GOVERNANCE

HOPGOODGANIM INVESTS IN EFFECTIVE GOVERNANCE

BRISBANE law firm HopgoodGanim has engaged Australia's largest governance advisory practice, Effective Governance, to complement the firm's traditional practice by providing clients with more than just legal advice.

HopgoodGanim clients will have access to an integrated suite of corporate governance solutions, from board and governanc...

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IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one of the major shareholder class actions it has been backing since February.

Pending the court's approval, IMF announced it will withdraw its funding of William Roberts Lawyers' class action against Spotless Group (ASX: SP...

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WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

THE Competition Tribunal has approved Tabcorp's (ASX: TAH) $11bn takeover bid for Tatts (ASX: TTS) on the condition that it must divest its Odyssey gaming business in Queensland.

The announcement was made this morning after weeks of hearings and was delivered by Federal Court judge John Middleton.

Tabcorp applied to the tribunal for ap...

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