Special purpose liquidators have been appointed to failed clothing retailer Mosaic Brands, after a judge found a reasonable apprehension of bias arising from liquidator Vaughan Strawbridge’s former link to Deloitte.
A judge has approved an increase in the costs of distributing a $180 million settlement in a stolen wages class action but has said more “frankness” is needed in competitive tenders for the administration gig.
Ashurst has nabbed an internationally recognised infrastructure expert from Deloitte to lead Ashurst Risk Advisory’s infrastructure and energy transition team.
The administrators of the Dartbrook coal mine in the New South Wales’ Hunter Valley have won six more months before holding a second creditors meeting, with a judge convinced a pending approval to extend the mine’s life until 2033 could make or break a sale.
K&L Gates has bolstered its tax disputes offering, snagging a partner from Deloitte with experience in transfer pricing controversies for its Sydney office.
Dentons has poached an employment law expert and her team of three from Deloitte Legal to grow its Melbourne office.
Professional services firm Alvarez & Marshal has bolstered its Australian restructuring team with the addition of two Deloitte veterans.
Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.
ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing “grave concerns” that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.
The liquidators of collapsed media company Big Un are pushing for a trial date in their two-year-old case against financier First Class Capital alleging a three million share purchase was part of a fraudulent design to inflate the collapsed company’s share price.