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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"Cyborg justice" for Meow-Meow in the District Court

"Cyborg justice" for Meow-Meow in the District Court

Sydney biohacker Meow-Ludo Disco Gamma Meow-Meow has officially won his plight for for "cyborg justice"  in the NSW District Court. Meow-Meow, who was fined after he implanted a NSW travel card chip into his arm, says "cyborg justice has been served" after a court overturned his conviction. The biohacker claim...

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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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College of Law acquires legal education provider CPD Interactive

College of Law acquires legal education provider CPD Interactive

In a move to strengthen its online offering, The College of Law has acquired the business operations of CPD Interactive.  CPD Interactive is an online provider of legal education and professional development and through its acquisition, The College of Law now has access to more than 120 courses facilitated through its platform. S...

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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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Criminal cartel charges laid against ANZ, Citigroup and Deutsche Bank

Criminal cartel charges laid against ANZ, Citigroup and Deutsche Bank

The Australian Competition and Consumer Commission has confirmed that charges have been laid against ANZ, Citigroup and Deutshe Bank. Following an investigation into alleged cartel conduct by the banks relating to an ANZ institutional share placement in August 2015, the watchdog has hit the banks and  senior executives with criminal ...

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More banks facing criminal charges in relation to ANZ cartel investigation

More banks facing criminal charges in relation to ANZ cartel investigation

The Australian Competition and Consumer Commission has confirmed that Deutsche Bank and Citibank will also face criminal charges in relation to alleged cartel conduct by ANZ Bank (ASX: ANZ). The ACCC confirmed on Friday afternoon that Deutsche Bank AG is also facing criminal charges in relation to the share placement. Investments bank...

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Criminal charges to be laid against ANZ for cartel conduct

Criminal charges to be laid against ANZ for cartel conduct

One of Australia's largest banks is facing criminal charges over alleged cartel conduct related to a $2.5 billion share placement in 2015. ANZ (ASX: ANZ) is facing charges by the Commonwealth Director of Public Prosecutions over an alleged arrangement of understanding between the joint lead managers of the institutional placement of 8...

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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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Shine becomes latest class action firm to take a crack at AMP

Shine becomes latest class action firm to take a crack at AMP

Shine Lawyers (ASX: SHJ) has filed a class action lawsuit against AMP (ASX: AMP) in the Federal Court, becoming the third firm to officially launch proceedings against the financial services giant. Supported by litigation funder Augusta Ventures, Shine will argue that AMP mislead and deceived its customers over financial advice which it c...

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Bidding war incited as Maurice Blackburn joins AMP class action onslaught

Bidding war incited as Maurice Blackburn joins AMP class action onslaught

Maurice Blackburn has become the third firm to investigate a class action lawsuit against AMP, while two other law firms have officially lodged proceedings against the financial services giant. Provoking a class action bidding war, Maurice Blackburn has promised a low commission rate of 12.5 per cent as it goes toe-to-toe with rival class...

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AMP served with two class actions

AMP served with two class actions

In the fallout of the Royal Commission, AMP (ASX: AMP) has been hit with two separate class action proceedings brought on behalf of aggrieved shareholders. One claim has been filed in the Supreme Court of New South Wales by Quinn Emanuel Urquhart & Sullivan (QE) and the other in the Federal Court of Australia by Phi Finney McDonald. ...

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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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AMP boss steps down following admissions to the royal commission

AMP boss steps down following admissions to the royal commission

The CEO of AMP (ASX: AMP) Craig Meller has resigned following revelations about AMP's conduct at the financial services royal commission. Meller stepped down after AMP admitted to charging customers for advice they never received and then lying to ASIC about it. The AMP boss, who was due to retire at the end of 2018, says he is &q...

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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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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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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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Curwoods and McCabes to merge into a new entity called McCabe Curwood

Curwoods and McCabes to merge into a new entity called McCabe Curwood

McCabes Lawyers and Curwoods Lawyers have signed an agreement to merge by 1 July 2018. The new entity will be known as McCabe Curwood and will bring together McCabe's corporate and commercial offering with Curwood's insurance practice to create a new platform. Andrew Lacey, McCabes' current managing principal will be the m...

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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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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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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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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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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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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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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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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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