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.
Law firm Holding Redlich has snagged two MinterEllison partners to grow its Canberra office and bolster its offering to government clients.
Holding Redlich has added a partner and team of six from KPMG Law to boost its public and government law practice.
Water treatment company Phoslock and auditor KPMG face a shareholder class action, but not by the law firm that secured documents for a potential case.
Thomson Geer has lured an employment law partner and his team from KPMG’s legal services division after the consulting firm announced it was shutting down its commercial law practice.
Water treatment company Phoslock and auditor KPMG and have agreed to produce documents for a possible shareholder class action, but a privilege fight may still be on the cards.
MinterEllison has lured the head of real estate from KPMG Law to join its firm as special counsel after the consulting giant announced it was shutting down its legal services division.
In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-General’s argument that a contingency fee order is a neutral factor in assessing the accounting firm’s bid to move the case from Victoria.
Citing a wish to focus on tax, KPMG Australia will restructure its business and shut down its separate commercial law practice, making around 30 roles redundant.