Investment firm Keybridge must contribute to a director’s “substantial” legal bill from a dispute with another director, with a judge finding there was no “lack of clean hands” that would prevent him from being indemnified.
A judge has rejected an application by a director of mining tech company Globaltech to replace administrators from McGrathNicol after arguing there was an appearance of bias since their fellow partners used to be on the board of its biggest unsecured creditor, Boart Longyear.
A judge has ruled that a settlement offer made in a case can be adduced into evidence in a construction company’s suit against its former lawyers, finding that the offer was not covered by without penalty privilege.