Most Recent
In ‘significant’ ruling, CuDeco class action wins access to full KPMG audit report
Class Actions 2023-08-11 12:39 pm By Sam Matthews

A judge has ordered KPMG to turn over its complete audit files for CuDeco in a shareholder class action against the defunct mining company’s former company directors and the accounting firm over allegedly misleading statements about the value of ore reserves at CuDeco’s Rocklands mines in Queensland.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Penalty privilege can’t be used to dodge production of books
Restructuring & Insolvency 2023-08-10 12:49 am By Sam Matthews

A judge has found that penalty privilege cannot be used to avoid the production of books under the Corporation Act.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Dispute over barrister’s fee estimates goes to High Court
Business of Law 2023-08-09 10:00 pm By Sam Matthews

A barrister is taking a dispute over his $320,000 bill to the High Court, but a judge has cast doubt on the appeal’s prospects of success.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge pushes off dispute over Melissa Caddick’s $12,000 Dior sneakers
Restructuring & Insolvency 2023-08-02 10:40 pm By Sam Matthews

The judge overseeing the receivership of Melissa Caddick’s estate has pushed off a dispute about a collection of sneakers held by the deceased fraudster’s teenaged son, including one pair that could be worth up to $12,000.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

White & Case nabs head of Clayton Utz’s insolvency group
Business of Law 2023-07-31 8:22 pm By Sam Matthews

Global firm White & Case has recruited two senior lawyers from Clayton Utz to head up its newly established financial insolvency practice in Australia.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Linchpin liquidators have case against Grant Thornton, Moore Stephens: judge
Restructuring & Insolvency 2023-07-26 11:26 pm By Cat Fredenburgh

A judge has found that a case brought by the liquidators of investment firm Linchpin Capital against auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly misused investor money has legs.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Arrium lenders file High Court challenge over directors’ loan drawdowns
Restructuring & Insolvency 2023-07-25 3:58 pm By Cindy Cameronne

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. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Sargon liquidators resolve $540,000 case against King & Wood Mallesons
Restructuring & Insolvency 2023-07-24 11:21 pm By Christine Caulfield

The liquidators of collapsed Sargon Capital have resolved their unfair preference case against King & Wood Mallesons over $540,000 in fees the law firm was paid for work advising the fintech before it went under.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Administrator can’t claw back security for costs in case by failed company
Restructuring & Insolvency 2023-07-21 1:16 pm By Sam Matthews

A judge has rejected a bid by the administrator of a collapsed company to claw back a payment of security for costs made in earlier litigation, which he found did not give rise to a relevant security interest.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Jones Day adds White & Case lawyer for restructuring practice
Restructuring & Insolvency 2023-07-18 1:45 pm By Gareth Baker

Jones Day has recruited White & Case lawyer Kathryn Sutherland-Smith for the firm’s business restructuring & reorganization practice in Sydney.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?