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Construction PRO
A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.
Construction PRO
Law firm Mallesons, which is named in proceedings brought by failed property developer FSM, has denied it knew that a former director used company loans to pay off personal debts.
Construction PRO
An entity associated with lender Keyview Investment Management wants to strike out a claim brought by the liquidators of defunct developer FSM Development, which has brought proceedings against a raft of defendants, including law firm Mallesons.
A settlement has been reached in a dispute over more than $100 million in shares in AI data centre start-up Firmus Grid ahead of an expected $7 billion IPO, just days before the company's founders were due to give evidence in court.
The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.