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Three Keybridge Capital directors have rejected claims that board minutes documenting a $4.75 million bonus to former CEO Nicholas Bolton were a post-hoc "concoction”, saying they accurately reflected an agreement reached during a nine-minute meeting in 2023.
Law firm Allen & Overy advised that there were “very serious problems” with awarding Keybridge’s former CEO Nicholas Bolton a $4.75 million bonus, a judge has heard.
Former Keybridge CEO Nicholas Bolton has faced questions about a $4.75 million bonus he was paid on a $17.8 million deal with fund manager Magellan, on the second day of trial in proceedings by WAM over two transactions its alleges were oppressive to shareholders.
A class action accusing Knowmore Legal of providing 'cookie cutter' legal advice is mulling an application to discontinue claims against the peak body for community legal centres.
Construction PRO
The owners corporation for an apartment complex in the Melbourne suburb of St Kilda has lost its adverse possession claim over a tennis court mostly located on adjoining land, with a judge finding their use of the property was subject to a lease.
The AFL has won its bid to strike out occupational health and safety claims from a class action over its concussion management practices.
The Geelong Football Club has launched a bid to summarily dismiss or strike out claims alleging breaches of occupational health and safety regulations in a concussion class action against the AFL.
Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine.
The peak body for community legal centres has lost its bid to declass a class action alleging survivors of institutional child sexual abuse who settled their claims under the National Redress Scheme were given negligent ‘cookie cutter’ legal advice.
A judge has handed Knowmore Legal an early loss in a negligence case by a former client, finding the client was barred from bringing further sexual abuse claims by accepting an offer under the national redress scheme.