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HWL Ebsworth has defeated a former client's appeal of a $38,000 costs order, rejecting his claims of bias and lack of procedural fairness.
IAG and Tokio Marine kept their concerns about the validity of Greensill Capital's 2019 trade credit insurance policy confidential, even as they must have known the supply chain financier was using the policy to attract investors, a trial court has heard.
Insurer Nautilus has secured an extension to serve a writ on a slew of reinsurers as it awaits a High Court decision on whether to revive a class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration.
The Australian Securities and Investments Commission has launched enforcement action against an Interprac authorised representative who allegedly promoted the failed First Guardian investment fund to hundreds of clients.
Investor White Oak on Tuesday fought back against a push by IAG and Tokio Marine for over $15 million in security on the eve of trial in its case over the collapse of Greensill Capital, saying the insurers' Rolls Royce approach was unreasonable now that the bulk of the $7 billion litigation had settled.
A banned financial planner suing AMP Financial Planning for alleged unconscionable conduct has failed in his bid to add a fraud claim against AMP Bank to his case.
A judge has found that RAMS breached its duty of good faith by terminating a franchise agreement on Westpac’s recommendation without resolving concerns about the evidence backing its decision, but tossed unconscionable conduct claims against the home loans business.
A Macquarie review had found no breaches during a 2025 audit tender process which led to the appointment of KPMG, but said it would review its tender rules and conflict of interest policies.
Interim stop orders against Remara's $40 million cash management fund have been removed after the private credit lender updated the fund's target market determinations.
In the latest fallout from its whistleblower scandal, KPMG has been dropped by major client ANZ and bid farewell to its long-running Sydney-based general counsel.