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Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.
Construction PRO
A judge has refused to allow Forte Construction to file a late amended defence after it failed to comply with three orders in a $3 million case brought by the liquidators of collapsed real estate fund manager iProsperity, saying the court was being treated with “absolute contempt”.
Former Carlton president and PwC chief executive officer Luke Sayers has lost his bid to transfer his wife’s defamation case over an explicit image posted to his social media account to the Family Court, where the proceedings would be confidential.
Melbourne-based firm Carbone Lawyers has filed a case against two former solicitors who moved to a rival firm, claiming they breached their confidentiality obligations.
A judge has closed a racial discrimination class action against Adani’s Australian mining business after finding that it sought to go “much further” than the complaint filed with the Australian Human Rights Commission.
Insolvency firm Cor Cordis says its ex-chair’s claims that it "confected" reductions to its work in progress to avoid paying his full retirement entitlements should be struck out.
Melbourne stockbroker Fortrend Securities has lost its bid to stay orders that it pay $621,000 in compensation and penalties as well as $2 million in legal costs after two financial advisers who jumped ship to Shaw & Partners won their case over withheld bonuses.
A former EY partner has lost his appeal in a fight with National Tiles over an alleged $1 million lost opportunity to acquire shares, despite the court finding the tiling retailer breached the cooperation terms of the agreement.
Construction PRO
Victoria’s State Revenue Office has lost its challenge to a decision for shopping centre landlord Vicinity Funds, which quashed a $82.5 million stamp duty assessment on land occupied by Myer and the Lonsdale St Emporium.
A shareholder class action against Arrium directors and auditor KPMG over the $4 billion collapse of the steel manufacturer is seeking to amend its case, saying a “misreading” of the original pleading is no basis to refuse the application.