Star Entertainment

The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.

In finding Star Entertainment's former group general counsel liable for breaches of duty, the judge overseeing ASIC's case has questioned the chief lawyer's insistence that she "rarely gave legal advice" and that her roles with the company should be delineated.

ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.

Star Entertainment has come up short in its $4 million case against Buildcorp Group over alleged defective construction and refurbishment work on the gambling giant's Sydney casino.

Buildcorp Group is pointing the finger at a host of subcontractors as it fights a case brought by Star Entertainment over allegedly defective combustible cladding at its Sydney casino, which cost $4.4 million to replace. 

The former CEO of the Star was not responsible for every aspect of the business and instead played a "supervisory role", a court has heard in ASIC’s case over the casino’s money laundering failures. 

Star Entertainment's management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.

Star has agreed to a $300 million deal that will see the embattled company taken over by US-based casino operator Balley's.

The suspension of Star's NSW casino licence has been extended for a further six months, as the company works to stabilise its finances.

On questioning by a judge, Star's former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.