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A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
Mallesons has hired a tax partner from EY with expertise in stamp duty and land tax, strengthening the firm's indirect tax practice.
Construction PRO
EY has claimed a provision of the tax law prevents it from handing over the client file of a property developer who alleges a former partner breached fiduciary duties, but the developer says there is no reason to withhold the documents.
EY has claimed a "draconian" provision of the Taxation Administration Act precludes it from handing over the client file of a property developer who has accused a former partner of breaching fiduciary duties.
Lender RND Funding wants to revise its case against BDO Advisory and auditor Ernst & Young over advice given to defunct Adelaide company Gen1 Biotechnology, a week out from trial.
A Treasury report has suggested splitting audit functions off from multidisciplinary professional services firms, following whistleblower claims that KPMG leaked confidential client information.
EY Australia faces a lawsuit by a former intern who alleges she was harassed by her manager, victimized after making a complaint, and precluded from participating in a culture review by former sex discrimination commissioner Elizabeth Broderick.
Gilbert + Tobin has hired a senior tax lawyer from EY to build a tax controversy practice at the firm.
A judge has approved a $13.5 million settlement in a class action against the director of collapsed sandalwood producer Quintis, but has reduced deductions sought by the plaintiff's lawyers and funder, and denied a payout to the funder of a competing case.
A law firm partner working on a shareholder class action over the collapse of Blue Sky Alternative Investments has faced cross-examination by counsel for auditor EY over alleged delays in seeking to amend the case.