The corporate regulator has failed in its case targeting an individual insolvency practitioner for alleged illegal phoenix activity.
Noumi has admitted in a case by ASIC to breaching its continuous disclosure obligations by overstating the value of its inventory and failing to give a true and fair view of the company’s financial position.
A judge has ruled that HWL Ebsworth’s negligent advice over property in Paramatta’s ‘Auto Alley’ cost a client $2 million, rejecting the firm’s plea of contributory negligence against the owner.
The lead plaintiff in a class action by dealers over a decision to retire the Holden brand has settled its claim with General Motors, but is set to remain as the lead plaintiff in the case.
Defending a class action by dealers over a decision to retire Holden, General Motors argues it would have been forced to close the unprofitable plant that manufactured the vehicles for the Australian market even absent the 2020 withdrawal of the iconic brand.
Norton Rose Fulbright has lured back two leading construction lawyers to the firm from Clyde & Co, along with a third leading construction and projects specialist.
Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse.
Norton Rose Fulbright has snagged a class action lawyer with decades of US legal experience and elevated an arbitration expert who worked at a New York white shoe law firm to be partners in its Sydney and Perth offices.
A Sydney auto company suing HWL Ebsworth over allegedly negligent advice provided in relation to property in Paramatta’s ‘Auto Alley’ has slammed the law firm’s plea of contributory negligence against its holidaying director.
A former Holden dealer has won the right to see General Motors corporate strategy documents in the five years leading up to Holden’s retirement, in his suit claiming the carmaker’s executives misled him when saying GM was “100% committed” to the line before axing it just a few years later.