The NSW government and the former developer of a stalled $2 billion Central Barangaroo development project are headed for a discovery showdown in their $270 million stoush, with both sides fighting to protect what they say are privileged communications.
Executives of collapsed Bruck Textile Technologies have been committed to stand trial on charges alleging they schemed their way out of making more than $3 million in redundancy payments to their 58 employees.Â
Greensill Capital’s UK division has won a stay of several lawsuits over the supply chain financing firm’s $1.7 billion collapse, but an insurer has already flagged a bid to press on with its claims against the company.
A court has ordered the estate of Frank Wilson, founder of failed sandalwood producer Quintis, to be sequestered in a claim brought by Quintis subsidiary Arwon to recover an unpaid $15 million debt.Â
Insurer Atradius has lost its bid to keep under wraps information supporting its application to publicly examine three KordaMentha directors about their administration of the Arrium Group after a judge found it would not prejudice a similar bid in related proceedings.Â
A judge has admonished a class action applicant over continuing delays in a four-year-old class action against NAB which he said âshould not be allowed to languish any longerâ.
A judge has removed two liquidators as administrators of a defunct company after finding they abused the court’s processes by demanding $69 million in damages from the directors of water filtration business Billi.
A judge has approved a settlement with former directors of collapsed advisory firm Linchpin Capital under which insurer RiverStone will pay $6.3 million, which will be used to fund the investor class actionâs claims against AIG.
A judge has indicated he will approve settlements totalling $2.7 million reached with disgraced senior barrister Norman O’Bryan and a cost consultant retained by the legal team behind the Banksia class action fraud.
A settlement with directors in an investor class action brought over the collapse of advisory firm Linchpin Capital is in the interests of group members, a judge has said.