Hogan Lovells

Baker McKenzie has welcomed back a seasoned banking and finance partner after his five-year stint at Hogan Lovells came to an end when the firm decided to close its Sydney office. 

Positioning the move as part of an “ambitious vision and strategy”, global law firm Hogan Lovells has announced it will close its Australian office.

A former director of Melbourne-based developer Steller Developments has denied liquidators’ claims that he agreed to give a $120 million personal guarantee before the company went under, saying there was “not one single contemporaneous document” referring to the alleged guarantee. 

A judge has allowed the liquidators of Melbourne-based Steller Development to bring proceedings against its directors, the latest claims to be leveled in the wake of the developer’s 2019 collapse, which left an estimated $300 million owing to creditors.

Sydney businesswoman Melissa Caddick, who went missing a day after police raided her home two months ago as part of a fraud investigation, is believed to be alive, according to police.

A judge has appointed a provisional liquidator to a company owned by missing Sydney businesswoman Melissa Caddick, while criticising ASIC for not cooperating with her brother who is seeking to vary asset preservation orders made over his sister’s property.