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Lendlease points finger at shareholders in class action defence
Class Actions August 8, 2019 5:58 pm By Miklos Bolza

Construction giant Lendlease has filed its defence in one of two shareholder class actions filed against it, saying any losses investors allegedly suffered were wholly […]

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Viagogo ordered to hand over slew of financial docs ahead of penalty hearing
Competition & Consumer Protection August 8, 2019 3:49 pm By Miklos Bolza

The Australian Competition and Consumer Commission has won its bid for a year’s worth of financial statements from Viagogo, after successfully arguing the online ticket […]

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APRA hits Westpac with $1.5M fine for breaching reporting obligations
Financial Services August 8, 2019 9:00 pm By Miklos Bolza

Westpac and two of its subsidiaries have been hit with a $1.5 million penalty by the Australian Prudential Regulation Authority for failing to meet their […]

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No whey: ACCC airs concerns about Saputo bid for Lion’s Tassie cheese business
Competition & Consumer Protection August 8, 2019 8:26 pm By Miklos Bolza

The Australian Competition and Consumer Commission has raised concerns about a proposed acquisition by Canadian dairy producer Saputo of competitor Lion Dairy’s cheese processing plants, […]

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NAB, ex-Walton Construction exec may face $70M suit by special purpose liquidator
Restructuring & Insolvency August 7, 2019 3:30 pm By Miklos Bolza

National Australia Bank and the director of the collapsed Walton Construction face a possible lawsuit over more than $70 million in claims after the Federal […]

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Ex-Reinventure partner must have independent valuer assess her claim to cut of $100M
Financial Services August 7, 2019 3:09 pm By Miklos Bolza

The former partner of Westpac-backed venture capital firm Reinventure Group has been ordered to appoint an independent valuer to clarify the claimed loss against her […]

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Docs seized in AFP raid of convicted land mogul’s offices can be handed to liquidators
Restructuring & Insolvency August 7, 2019 8:25 pm By Miklos Bolza

The Full Federal Court has dismissed two appeals by convicted land mogul Allen Caratti seeking to prevent liquidators of five of his companies from obtaining […]

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$6M Bank of Queensland class action settlement one claim under insurance policy, appeals court says
Insurance August 6, 2019 9:19 pm By Miklos Bolza

An appeals court has found insurers AIG Australia and Catlin Australia have to cover part of a $6 million settlement agreed to by Bank of […]

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Spanish energy co sues to enforce $139M arbitration award over Roy Hill mine
Arbitration August 6, 2019 12:41 pm By Miklos Bolza

Spanish oil and gas company Duro Felguera has filed Federal Court proceedings to enforce a $139 million arbitration award related to the Pilbara-based Roy Hill […]

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‘Bad example of the litigation process’: senior partner faces trial for rejecting $4.45M Westpac settlement
Legal Ethics August 5, 2019 10:22 pm By Miklos Bolza

A senior partner at a Sydney-based law firm has defended advice he gave five former clients suing over what they say was breach of duties […]

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