Kidnapping phone scam targets Chinese students in Australia

Kidnapping phone scam targets Chinese students in Australia

The ACCC has warned Australia's Chinese community of a recurring scam that involves threats of arrest and extortion via fake kidnappings. Having already caused victims $1.15 million worth of losses, the perpetrators appear to be targeting Chinese Australians nationwide. The terrifying scam comes in two forms but mostly threatens C...

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ASIC launches legal proceedings against former Quintis managing director

ASIC launches legal proceedings against former Quintis managing director

Now defunct and previously ASX listed company Quintis is back in the firing line after ASIC announced it has launched legal proceedings against former Quintis managing director Frank Wilson. The corporate watchdog will allege that Wilson failed to discharge his duties as a director in 2017. The proceedings allege Wilson failed to disc...

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Slater and Gordon becomes fourth law firm to take on AMP in class action

Slater and Gordon becomes fourth law firm to take on AMP in class action

AMP (ASX: AMP) has been hit with a fourth shareholder class action, this time by Slater and Gordon. Slater and Gordon says it has filed proceedings against the wealth management business in the Federal Court of Australia, adding that it will act on a no-win, no-fee basis. The class action relates to the controversy that arose during t...

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Kogan caught in a lawsuit after allegedly infringing on rival's trademark

Kogan caught in a lawsuit after allegedly infringing on rival's trademark

Two of Australia's leading e-tailers have taken their dispute to the courts, with Catch Group suing major competitor Kogan (ASX: KGN) over trademark infringement. As reported by Lawyerly, Catch Group has alleged that Kogan violated its "catch" trademarks and consumer law through its sponsored links on Google which used the w...

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Wilson Security hit with $740,000 penalty for failing to provide services in WA

Wilson Security hit with $740,000 penalty for failing to provide services in WA

Wilson Security has been ordered to refund 320 West Australian customers after it charged for security patrols that were not provided. Wilson was found to have breached Australian Consumer Law and was ordered to pay a total refund bill of $740,000. The company was contracted to provide internal premise security patrols for 320 co...

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Class action firm takes aim at BHP Billiton over Brazilian dam tragedy

Class action firm takes aim at BHP Billiton over Brazilian dam tragedy

Phi Finney McDonald is preparing a class action against BHP Billiton (ASX: BHP), arguing the resources giant misled investors over the 2015 tragedy which has been called Brazil's worst ever environmental disaster. BHP owns and operates the Germano iron ore mine in Minas Gerais in a joint venture with Brazilian company Vale SA.  ...

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Slater and Gordon launches class action investigation against AMP

Slater and Gordon launches class action investigation against AMP

Slater and Gordon (ASX: SGH) has become the third national law firm to fire shots at AMP (ASX: AMP), launching its own investigations into a potential class action against the financial services giant. Backed by litigation funder Therium, Slater and Gordon, is investigating potential allegations that AMP breached its continuous disclosure...

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BOQ, Suncorp to face grilling at Royal Commission

BOQ, Suncorp to face grilling at Royal Commission

The Bank of Queensland (ASX: BOQ) and Suncorp (ASX: SUN) are the next financial institutions set to face the music at the financial services Royal Commission. The third round of public hearings will discuss loans to small and medium enterprises, and will see BoQ and Suncorop face a grilling, alongside the major institutions. Running f...

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APDC launches lawsuit against NEXTDC

APDC launches lawsuit against NEXTDC

The ongoing saga between NEXTDC (ASX: NXT) and the Asia Pacific Data Centre Group Limited (APDC) (ASX: AJD) has come to a head. It was revealed on Thursday morning that APDC has initiated legal proceedings against NEXTDC in relation to a dispute over APDC's claimed "ongoing access rights" at three of NEXTDC's data centre...

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A shitty situation: Pental fined for misleading products

A shitty situation: Pental fined for misleading products

Pental (ASX: PTL) has been ordered to flush $700,000 down the loo after it was found by the Federal Court to have made misleading representations about its product. This shitty situation arose after the company made representations saying its White King cleaning wipes were 'flushable'. "Simply wipe over the hard surface o...

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High profile Brisbane businesswoman Jenny Hutson to face multiple ASIC charges

High profile Brisbane businesswoman Jenny Hutson to face multiple ASIC charges

When she was the chair of childcare giant G8 Education, Jenny Hutson stood at the centre of the company's botched takeover bid of Affinity Education. Now, almost three years following the failed acquisition, Hutson is set to face the music in court against charges of dishonesty and misconduct during her tenure. Following an invest...

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Peter Gordon not out to "replace Slater & Gordon" with launch of new firm

Peter Gordon not out to "replace Slater & Gordon" with launch of new firm

He was one of Andrew Grech's most trusted advisors, infamous for being the only person who could say "no" to Grech, until he left the firm in 2009. Now Peter Gordon has launched a full-service law firm called Gordon Legal, on a mission to fight for the everyday Australian, not the big end of town. The launch of Gordon Le...

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DibbsBarker to shut up shop following partner exodus to Dentons

DibbsBarker to shut up shop following partner exodus to Dentons

Longstanding mid-tier law firm, DibbsBarker, will not be operating beyond 30 April 2018 after 17 of its partners announced they were joining Dentons. The global heavyweight this morning announced it was acquiring 17 of DibbsBarkers' partners and other staff effective 1 May. Following the announcement, DibbsBarker revealed the loss of ...

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Slater & Gordon shares soar following results announcement

Slater & Gordon shares soar following results announcement

Shares in Slater & Gordon (ASX: SGH) have surged 27 per cent in early trade as it released details of operational changes under a new structure with its UK operations to be divested and handed over to US private equity owners. The listed legal services company, which has endured a year of chaos and a falling share price, rebounded fro...

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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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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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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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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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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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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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