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Allens denies ‘poor judgment’ in KPMG whistleblower investigation
Allens has denied a senator's claims that it exercised "poor judgment" when accepting answers from three KPMG partners as credible during an investigation into whistleblower claims.
Arrium directors, KPMG fail in fight over class action’s key evidence
Arrium's former directors and auditor KPMG have lost a challenge to a key report relied on by shareholders in a class action over the collapsed steelmaker that says the company overstated the value of its assets.
A&O Shearman snags Ashurst partner to co-lead M&A group
An Ashurst Perkins Coie partner who has worked on some of the country's largest deals is leaving for A&O Shearman, where he will co-lead the firm's Australian corporate and M&A practice group.
Arrium, KPMG class action pleading snag causes trial reshuffle
A mid-trial amendment bid by shareholders in a class action over Arrium's collapse will delay cross-examination of the company's CEO and former directors, who told a judge Wednesday they should not be required to enter the witness box until the issue is resolved.
Construction PRO
Court tosses $11.55M claim over acquisition of Pitt St easement for Sydney Metro
A judge has tossed a lawsuit by the owners of the common area at a Pitt Street arcade seeking $11.55 million for the compulsory acquisition of a pedestrian access easement for the Sydney Metro, finding they were not able to recover the losses of individual lot owners.
KPMG hearing to quiz Macquarie, Westpac over audit claims
Macquarie Group chairman Glenn Stevens will face the latest parliamentary joint committee hearing Friday into KPMG ethic's scandal, joining executives from Westpac, Optus and Dexus.
Arrium, KPMG class action stuck with $2.8B impairment claim: judge
A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.
Construction PRO
Squadron makes way for BESS projects with $2.7B wind refinancing
Squadron Energy is poised to expand into battery storage and hybrid renewable energy projects after refinancing its $2.7 billion wind portfolio.
Arrium directors, KPMG deny ‘playing games’ in class action trial
A mid-trial fight has erupted in a class action over the collapse of steelmaker Arrium, with the company's auditor and directors saying the case had swerved, and the plaintiff accusing the respondents of "playing games".
KPMG told Ashurst it lacked info to investigate whistleblower claims
KPMG told Ashurst that a whistleblower had not provided sufficient detail for the firm to determine whether his disclosures were protected under the whistleblower regime, despite having covertly downloaded information on his complaints from his computer.