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Liquidators for billionaire Sanjeev Gupta’s Tahmoor Coal are planning to bring a case against secured creditor Clydesdale Engineering, challenging its entitlement to be paid out during the liquidation.
ASIC has opened an insider trading investigation into the trading of retailer Accent Group's shares, asking the company to preserve communications by its CEO Daniel Agostinelli.
Construction PRO
A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former Jon Adgemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mould and water ingress.
Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
Construction PRO
Granting a joinder bid in an unfair preferences case over the failure of carpentry firm Empryl, a judge has urged the Federal Court's rules committee to resolve a question hanging over liquidators seeking to bring proceedings against multiple defendants.
Film producer Greer Simpkin thought ‘The Deb’ actress Charlotte MacInnes was “fudging” when she walked back an alleged complaint to director Rebel Wilson, a court has heard.
A judge has urged the Federal Court's rules committee to settle a question hanging over liquidators seeking to bring unfair preferences proceedings against multiple defendants.
Construction PRO
The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.
Lender White Oak may argue that settlement communications in proceedings over the collapse of supply chain finance company Greensill were in furtherance of fraud and should be turned over, after partially succeeding in a privilege fight with insurers BCC Trade Credit and Tokio Marine.
Insolvency firm Cor Cordis has argued the "inordinate" task of producing WIP valuation documents in former chair Bruno Secatore's case should wait until the pleadings have been finalised and security determined.