Entities linked to the late solicitor Mark Elliott are set to pay $10 million to settle claims by Banksia class action members, despite a related company owning $70 million on trust, a court has heard.
Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
Are group costs orders a factor in deciding a bid to transfer a class action? Can the orders survive the move to an inhospitable state? These questions are to be decided by the High Court Wednesday, in a ruling that will clarify the relevance and reach of Victoria’s contingency fee regime.
A judge has found a shareholder class action against water treatment company Phoslock and auditor KPMG should not bear the costs incurred by a competing case for preliminary discovery.
A transfer pricing pro who spent ten years as a partner at Baker McKenzie has rejoined the firm’s tax practice after a stint in-house.
The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors — including lawyers, consultants and designers — over $100 million.
Moray & Agnew has hired former KPMG director Duncan Webber as a partner to lead the firm’s Canberra-based property practice. Webber has 12 years experience in advising both private sector and government clients on property and real estate matters. Moray & Agnew Canberra managing partner Emma Reilly said Webber brought great experience to the firm…
Collapsed fashion retailer Mosaic Group owes creditors over $245 million, according to a report released by the company’s administrators.
A class action against water treatment company Phoslock and auditor KPMG should not be held up until a shareholder that’s stuck in preliminary discovery proceedings files a competing case, a court has heard.