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A judge has thrown out a class action led by the father of famed mining investor Nathan Tinkler over claims ASX-listed Whitehaven Coal failed to fulfil an implied term of a $150 million share subscription.
Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.
Construction PRO
The daughter of a Villawood director accused of a fraudulent design to divert valuable management fees for a development in Victoria has invoked her privilege against self-incrimination over the developer’s concerns that she may have destroyed evidence.
Construction PRO
IG Energy’s former subsidiary has made a claim on a $3.5 million surplus from the administration of IG’s interest in the Callide Power Station in Queensland.
The former CEO of beverage company Nudie and his wife can't escape a liquidator’s case that seeks to void clauses of a settlement that released them from breach of duty claims over an alleged fraudulent tax scheme.
Judo Bank has failed to secure an injunction against a disgruntled customer who launched a billboard campaign against it amid a dispute about a loan for a $65 million property.
A director of med tech start-up Strongroom AI is claiming privilege against self-incrimination in a case by venture capital firm EVP seeking to recoup its $10.4 million investment.
The owner of Sydney’s Randwick Racecourse has won its bid for a stay on the appointment of an administrator by regulator Racing NSW, which has raised concerns about a “material uncertainty” in the club’s accounts.
Ashurst has snagged two partners to grow the firm's disputes team in Melbourne and its employment practice in Brisbane.
Four former directors of funeral insurance firm Youpla Group have agreed to settle ASIC claims that they breached their directors duties, with a judge allowed remaining claims against former CEO Bryn Jones to head to trial.