Defunct telecommunications company Jabiru Satellite can add new claims to its suit against major banks for withdrawing support for Australia’s first satellite, but it can’t put on a case that the lenders were “shadow” directors.
A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.
Global heavyweight A&O Sherman is expanding its disputes capacity in Australia, recruiting the head of Ashurst’s Perth disputes practice.
Clayton Utz has boosted the expertise in its risk advisory practice, hiring a trio of lawyers from CBA and A&O Shearman.
Recruiting its third partner from Norton Rose Fulbright in 18 months, law firm A&O Shearman has welcomed leading energy finance lawyer Lisa Koch to its Perth office. Koch was most recently head of Norton Rose Fulbright’s Sydney office, where she led the project finance team and co-led the mining group. She has expertise in the…
Two mergers and acquisitions partners from A&O Shearman have made the jump to White & Case, joining the international firm’s corporate team in Sydney.