A class action alleging a conspiracy against collapsed investment fund Blue Sky continues to be whittled down, with a court giving the firm’s founder the green light to drop claims against a handful of defendants, including law firm Gadens and AFR publisher Nine.
A judge has rejected a new pleading that would have upped the damages to $135 million in a case by a shareholder of failed energy company Armour Group alleging law firm Baker McKenzie was knowingly involved in a plan to take control of the company for cheap.
A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
A court has ordered ASX-listed childcare company G8 Education to advance the legal costs of its embattled former chair, Jennifer Hutson, who faces a criminal trial next month.