A court has slapped a 14-year jail term on Perth businessman Chris Marco, after a jury found him guilty of 43 charges connected to a $34 million fraud on investors.
Law firm DLA Piper has boosted the ranks of its tax practice with the appointment of three partners, along with a team of five, from Clayton Utz.
The firm wants a bigger slice of any recovery in its case against Paladin Energy, but its clearer funding arrangement and realistic litigation budget give it the edge over a rival class action outfit, a judge has found.
The retail fund of real estate investor Charter Hall has put down $151 million for the purchase of four Bunnings Warehouse stores in Queensland and New South Wales.
Engineering company Monadelphous Group has entered an agreement to acquire Western Australia-based Kerman Contracting for $15 million.
Court orders have been issued barring a director of cryptocurrency exchange operator Blockchain Global from travelling outside Australia while the corporate regulator investigates the collapse of the exchange.
In response to a High Court ruling giving the Catholic Church an out for the actions of its priests, Victoria has vowed to introduce legislation to extend the vicarious liability of institutions, a move welcomed by plaintiff law firms.
Baker McKenzie has recruited two new partners from King & Wood Mallesons and Allens to bolster the ranks of its tax and energy practices.
A contest to run a class action against Paladin Energy played out Monday, with two law firms each positioning themselves as the better bet, one for their funding and resources, the other for their contingency fee rate.
Refusing to sit out a criminal trial against Boral Cement, a judge has said his sentencing of an engineering firm that pleaded guilty in the SafeWork NSW case did not disqualify him.