Melbourne-based hard assets investment manager Merricks Capital has won undertakings from its ex-managing director and two former employees who defected to an investment boutique run by financial commentator Peter Switzer and his son Marty.Â
A judge who will oversee an upcoming hearing for approval of a $20 million settlement in a class action against Optus contractor BSA has urged the parties to sever the funder’s commission and costs from the settlement to avoid delays in distribution to group members.
Construction giant Hutchinson has succeeded in bringing claims against a related entity of a Port Melbourne property developer over a $153 million project after alleging the developer was a “company of straw” that had no assets.
A judge has struck out a defence invoking the right against self-incrimination in a $2 million case brought by freight company Maersk alleging a Melbourne waste tyre company director used the shipper to dump end-of-life tyres overseas.Â
Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.
Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an âurgentâ bid to ringfence capital raisings from the $20 million payout.
A solicitor who says she wasnât paid for three years before her termination is suing her former employer — a âcommunity-orientedâ Sydney law firm — for over $185,000 in unpaid wages and other entitlements.
Pitcher Partners has filed a bid to transfer a $127 million lawsuit brought by the Twigg family alleging the accounting firm helped Max Twigg misappropriate $127.8 million in family trust money for himself.
Mining company Moina Gold has sued Joseph ‘Diamond Joe’ Gutnick for $500,000 it says it is owed over an alleged botched contract to explore three mineral tenements in Tasmania.
Clive Palmer-owned Queensland Nickel Sales has lost its bid to bring a breach of trust lawsuit against the liquidators of Queensland Nickel to recoup $102 million transferred after the billionaire suffered a courtroom defeat last year.