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Law firm investigating class action against Salt Lake Potash, auditor EY
Class Actions 2023-06-16 11:41 pm By Gareth Baker

A law firm is probing a shareholder class action against former ASX-listed Salt Lake Potash and auditor EY, alleging the company failed to disclose material information about its financial position before entering receivership in late 2021.

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$4.9B ANZ, Suncorp tie-up clears a hurdle with $25M commitment to Queensland
Financial Services 2023-06-16 11:33 pm By Cat Fredenburgh

The Queensland government has signed off on ANZ’s proposed $4.9 billion merger with Suncorp’s banking arm, after the company agreed to remain headquartered in Brisbane as a dedicated insurance company.

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Crown Melbourne fined $20M for tax failures
Gaming 2023-06-16 10:47 pm By Cat Fredenburgh

Victoria’s gambling regulator has slapped Crown Melbourne with a $20 million penalty for failing to pay proper casino tax.

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Class action against KPMG, CuDeco directors wants insurance docs to avoid ‘train wreck’
Class Actions 2023-06-13 11:59 pm By Gareth Baker

A shareholder class action against KPMG and the directors of defunct mining company CuDeco is seeking insurance information and a limited number of documents from the directors ahead of mediation, to avoid a “train wreck” of a case, a court has heard.

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Big Un’s CFO charged with insider trading in latest action over failed company
White Collar 2023-06-13 3:49 pm By Christine Caulfield

The former chief financial officer of Big Un has become the third person to be charged with insider trading connected to shares in the defunct video producer.

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Ex-HopgoodGanim client who was afraid to question invoices runs out of time
Business of Law 2023-06-08 11:29 pm By Sam Matthews

A former client of HopgoodGanim has lost an out-of-time bid to challenge 31 invoices, after a judge found her fear of starting a fight with the law firm while it still represented her was “not well founded”.

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Declassing orders must be ‘all or nothing’, court told in breast implants class action
Class Actions 2023-06-08 11:25 pm By Cindy Cameronne

A declassing bid by nine doctors in a class action on behalf of women allegedly injured by a one-size-fits-all approach to breast implant surgeries must apply to the entire proceeding, not just the claims against them, a court has heard.

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JWS nabs BHP vice president for Melbourne tax practice
Johnson Winter Slattery 2023-06-08 2:16 pm By Gareth Baker

Johnson Winter Slattery has appointed senior tax specialist Don Spirason, former Vice President of Tax at BHP, as a special counsel based in Melbourne. Spirason joins JWS with more than 20 years’ tax experience, including more than 10 years at BHP and 5 years at Foster’s Group. Beginning his career at Corrs Chambers Westgarth, he…

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Clive Palmer can’t quash CITIC subpoenas over sale of nickel refinery in $1.8B case
Energy & Natural Resources 2023-06-07 11:56 pm By Gareth Baker

Mining magnate Clive Palmer and his company Mineralogy have lost a bid to block subpoenas asking their advisors to hand over information regarding the sale of Townville’s Yabulu nickel and cobalt refinery, as part of a $1.8 billion fight over the value of the site.   

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Law firm served with class action over employee’s fraud
Class Actions 2023-06-06 11:08 pm By Sam Matthews

A law firm in regional New South Wales has been hit with a class action seeking to hold it liable for the alleged fraud of a former employee who was sentenced to a term of imprisonment for fraud offences in 2021.

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