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Court rejects expanded $37M claim against auditor over Blackgold acquisition
A Singapore-listed company that acquired former ASX-listed coal miner Blackgold International is statute-barred from claiming that Blackgold’s former lead auditor should have detected fraudulent transactions in the company’s accounts.
Coles takes ACCC to Federal Court over supermarket acquisition
Coles has fired off Federal Court proceedings over the ACCC's decision to block its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie, one day after bringing proceedings at the Australian Competition Tribunal.
Seven KPMG partners fined for misusing confidential client information
KPMG has fined seven partners, some as much as $180,000, for misusing confidential client information in May.
Author Dr Randa Abdel-Fattah sues organisers of Bendigo Writers Festival
Palestinian-Australian author Dr Randa Abdel-Fattah has filed discrimination claims against the organisers of the Bendigo Writers Festival.
Oaks Hotels hit with class action over COVID-era rent reductions
The owner of the Oaks Hotels & Resorts is facing a class action by landlords who allege the hotel operator misrepresented that it was entitled to reduced rent payments during the COVID-19 pandemic.
Construction PRO
Judge erred in ruling on law firm bills’ priority in Qld resort’s receivership
A law firm has prevailed in a fight over unpaid legal fees, with an appeals court ruling the firm is entitled to priority over certain funds recovered in a receivership of a South Stradbroke resort because of its equitable lien over costs orders it secured for its client.
ASIC running criminal investigation over Keystone’s Shield, court told
ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.
Construction PRO
Oaks Hotels misled landlords about COVID-era rent reductions, class action claims
The owner of the Oaks Hotels & Resorts is facing a class action by landlords who allege the hotel operator misrepresented that it was entitled to reduced rent payments during the COVID-19 pandemic.
Construction PRO
Test case on cards in dispute between Iplex, BGC over pipes
A class acton against Fletcher Building’s Iplex over thousands of allegedly burst pipes in homes around Australia is gearing up for a mammoth 12-week trial, with a separate claim by BGC, which installed the pipes, to proceed by way of a test case.
Macquarie hit with class action, as firms circle over Shield, First Guardian
Investment manager Macquarie is the first to face a class action by investors who sank their super into the Shield and First Guardian Master Funds, with other investigations underway.