A judge has criticised the liquidators of a collapsed luxury homes business for a three-month delay in seeking court approval for a litigation funding agreement, warning other liquidators that they should apply for funding in advance.
A partner who has advised on landmark energy and infrastructure projects is headed back to Ashurst, after a two-year stint at Gilbert + Tobin.
Defunct Westpac home loan unit RAMS has been hit with a $20 million penalty after admitting to widespread misconduct at its franchises over a four-year period.
The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal’s to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition.
Clyde & Co has boosted its corporate insurance offering, welcoming back solicitor Yvonne Lam after her stint at Gilchrist Connell.
ASIC wants an injunction against a financial adviser whose “honey pot” marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds.
Two senior Johns Lyng Group executives have been dragged into a dispute over the $75 million sale of Nike franchisee Retail Prodigy Group.
A second MWL Financial adviser has been banned this week by the corporate regulator as part of its probe into the costly collapse of Keystone’s failed Shield Master Fund.
Airport operator Australia Pacific Airports Corporation has won its bid to delay an upcoming trial in a dispute with Dexus over alleged breaches of a shareholder deed, after the real estate asset manager discovered 20,000 documents only last week.
Spanish infrastructure firm Acciona is mulling cross-claims against contractor Veolia Australia after losing its fight to move their dispute over the Kwinana waste-to-energy project west, a court has heard.