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The administrators of pokie manufacturer Atlas Gaming, of which former Victoria Premier Jeff Kennett is a major shareholder, are seeking an extension of time to finalise the sale of the struggling business which owes more than $9.5 million to creditors, shareholders and employees.
An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon's disastrous $1.2 billion Quindell acquisition.
Two class actions against Pitcher Partners and Arnold Bloch Leibler over advice given ahead of Slater & Gordon's disastrous $1.2 billion Quindell acquisition will proceed to trial next month after mediation between the parties failed to resolve the cases.
A judge has refused a bid by accounting firms Pitcher Partners and EY to access share trading data of unregistered group members in a securities class action over advice to Slater & Gordon, despite claims upcoming mediation will be "pointless" without the information.
Commonwealth Bank of Australia unit Colonial First State Investments is facing penalties after the Federal Court found it misled its customers about their rights and obligations relating to the MySuper reforms passed by the federal government in 2012.
The director of building company Modscape has lost his bid to access Gadens’ advice concerning an allegedly false and malicious letter sent to the Victorian Building Authority that questioned his financial probity.
The director of building company Modscape is fighting to access Gadens’ advice concerning an allegedly false and malicious letter sent to the Victorian Building Authority which questioned his financial probity.
The judge overseeing two class actions over legal and accounting advice given ahead of Slater & Gordon's disastrous Quindell acquisition has said he will hear the cases together, citing the "dangers" of the approach taken in litigation against GetSwift, which resulted in a judge being ordered to step down.
Arnold Bloch Leibler has hit back at a class action by Slater & Gordon shareholders accusing it of misleading and deceptive conduct and breaching its duty of care by greenlighting the law firm's $1.2 billion acquisition of Quindell, filing cross-claims against Slater & Gordon and two of its former directors.
A judge has sided in part with QBE Insurance and pared back a class action over allegedly worthless add-on insurance sold by ANZ to credit card and personal loan customers.