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Pinsent Masons nabs lawyers from DLA Piper, Norton Rose
Business of Law 2025-01-20 4:58 pm By Andy Sidler

Pinsent Masons has hired two special counsel to boost its corporate and planning and environment practice areas.

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Moray & Agnew snags former KPMG director for property group
People In The News 2025-01-15 11:24 pm By Julia Kanapathippillai

Moray & Agnew has hired former KPMG director Duncan Webber as a partner to lead the firm’s Canberra-based property practice. Webber has 12 years experience in advising both private sector and government clients on property and real estate matters. Moray & Agnew Canberra managing partner Emma Reilly said Webber brought great experience to the firm…

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ASIC can bring case against Rex Airlines, directors
Securities 2025-01-06 7:56 pm By Julia Kanapathippillai

ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company’s financial position.

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ASIC, Noumi win appeal in privilege fight over PwC report
Securities 2024-12-20 5:45 pm By Andy Sidler

An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.

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‘We will hold them to account’: ASIC accuses Rex of misleading market
Securities 2024-12-11 1:29 pm By Julia Kanapathippillai

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.

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Builder, developer off hook for $3M in fire safety repairs
Construction 2024-12-03 11:39 pm By Andy Sidler

A Bechara family-affiliated builder and developer of a 99-lot residential building in a Sydney suburb have avoided liability for $3 million in fire safety rectification costs.

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Clayton Utz got biggest slice of government’s $600M legal spend
Business of Law 2024-11-27 4:31 pm By Julia Kanapathippillai

The federal government spent more than $600 million on private law firms in 2022-23, and Clayton Utz was the firm the government turned to the most.

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ASX denies misleading investors about CHESS replacement project
Securities 2024-11-15 11:32 pm By Cat Fredenburgh

The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.

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Ex-Keystone director may claim penalty privilege in receivers’ lawsuit
Restructuring & Insolvency 2024-11-15 11:54 pm By Cindy Cameronne

A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers. 

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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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