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Former Benjamin Hornigold execs face charges over $3.8M in payments
ASIC 2023-03-03 11:10 pm By Cat Fredenburgh

Two former executives of investment fund Benjamin Hornigold Limited have been charged with offences related to $3.8 million in payments.

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Wotton + Kearney hires class action expert from King & Wood Mallesons
Business of Law 2023-03-03 11:38 pm By Cat Fredenburgh

Insurance specialist firm Wotton + Kearney has hired a lawyer from King & Wood Mallesons with class action expertise to bolster its litigation defence offering.

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Lisa Wilkinson says rape claim against Bruce Lehrmann ‘substantially true’
Defamation 2023-03-01 10:22 pm By Cat Fredenburgh

Television presenter Lisa Wilkinson has filed her defence to a defamation suit by accused rapist Bruce Lehrmann, arguing the claim that he raped fellow Liberal staffer Brittany Higgins in Parliament House in 2019 is substantially true.

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K&L Gates lures real estate partner from Arnold Bloch Leibler
Business of Law 2023-02-28 10:38 pm By Cat Fredenburgh

K&L Gates has snagged a partner from Arnold Bloch Leibler to bolster the real estate practice in its fast-growing Sydney office.

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Slew of insurers targeted in Virgin bond holders class action
Class Actions 2023-02-24 4:51 pm By Cat Fredenburgh

A class action accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising is seeking to join a slew of the airline’s insurers to the case.

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ClearLoans hit with $6M penalty in ASIC’s first COVID-19 case
COVID-19 2023-02-23 4:05 pm By Cat Fredenburgh

Personal lender ClearLoans and its parent company have been hit with $6 million in penalties for violating consumer credit protections laws, including by failing to respond to financial hardship notices from debtors during the height of the COVID-19 pandemic.

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More criminal charges filed over $180M Courtenay House Ponzi scheme
White Collar 2023-02-22 3:10 pm By Cat Fredenburgh

A third individual has been hit with criminal charges in relation to collapsed investment management fund Courtenay House, which ASIC alleges was run as a $180 million Ponzi scheme.

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Herbert Smith Freehills launches international arbitration hub in Melbourne
Business of Law 2023-02-22 10:51 pm By Cat Fredenburgh

Herbert Smith Freehills has launched an international arbitration hub in Melbourne to service the firm’s clients along the Asia-Australia corridor.

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Judge won’t stay crypto class action against Qoin issuer
Cryptocurrency 2023-02-20 8:27 pm By Cat Fredenburgh

A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.

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Ampol to pay $157M to settle transfer pricing dispute with ATO
Tax 2023-02-20 2:40 pm By Cat Fredenburgh

Petrol giant Ampol has reached a $157 million agreement with the Australian Taxation Office to resolve a long-running dispute over transfer pricing of goods between its Singaporean hub and Australian unit.

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