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Deloitte appointed administrators of Keystone despite ‘baggage’
A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.
Breakdown in friendship between ANZ, Barclays bankers unfortunate, not unfair: court
A breakdown in the relationship of two high-flying friends -- former senior ANZ executive David Carr and Barclays top banker Ivan Ritossa -- was not a reason to order the winding up of the pair's property investment trust, a court has found.
Accenture can’t put HR exec’s employment case back in bottle
Consulting giant Accenture has failed to keep a human resources executive’s claims of Fair Work breaches out of the public eye, with a court finding prior publication of the allegations would render a suppression order pointless.
Legal watchdog had power to lay charges against lawyer accused of inappropriate sexual contact: court
The South Australian legal watchdog has won its appeal of a decision which found it did not have the power to lay charges against a lawyer accused of “inappropriate and uninvited” sexual contact with a junior solicitor.
Christie Whelan Browne resolves suit against Rocky Horror theatre company
Actor Christie Whelan Browne has resolved a lawsuit against theatre company Oldfield Entertainment alleging it violating the Sex Discrimination Act by subjecting her to sexual discrimination and harassment by fellow cast member Craig McLachlan during its 2014 production of the Rocky Horror Show.
ASIC says Paladin director can’t rely on penalty privilege
The Australian Securities and Investments Commission has argued the relief sought in proceedings against the director of two Paladin Group units does not constitute a penalty, as it challenges his reliance on the privilege against self-exposure to penalty.
Sleeping Duck shareholder rejected $4M settlement in failed oppression suit
A Sleeping Duck shareholder has been ordered to pay the company's costs on an indemnity basis in its failed oppression suit, with a judge finding that its decisions to reject Sleeping Duck's buy-out offers of roughly $4 million were unreasonable.
Judge rejects NAB’s bid for class closure in Walton class action
The judge overseeing an $100 million class action against NAB over the collapse of Walton Construction has rejected the bank’s bid for soft class closure ahead of mediation.
IP network startup wins injunction against employee who joined rival
A former employee of internet service provider Broadband Solutions has been slapped with an injunction restraining his use of company materials and engagement with competitors, with a judge finding it is likely he breached confidentiality clauses.
Second class action against Quintis wants settlement half to cover legal costs
Citing the significant time and costs invested in the litigation, the applicant in the second filed class action over the collapse of Quintis wants his half of a $4.37 million settlement with the sandalwood producer to fund ongoing costs in what remains of the case.