Bridges Lawyers

A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.

Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.

Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.

Venture capital firm EVP has sought the court’s leave to proceed with claims against Strongroom AI founder and former director Christopher Durre, despite his financial state. 

A Sydney barrister has taken a law firm to court, alleging it owes him $1 million in unpaid fees for his work on almost 40 cases. But the firm argues the fee agreements are void.

A director of med tech start-up Strongroom AI is claiming privilege against self-incrimination in a case by venture capital firm EVP seeking to recoup its $10.4 million investment.

Japanese bank SMBC, which was duped by fraudster Bill Papas to enter into agreements with a Humm subsidiary for assets and receivables that didn't exist, has won the right to call in warranties on its $113.7 million investment.

The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.

An appeals court has quashed the conviction of the former CEO of Bruck Textile Technologies, finding it was not open to the court to convict him despite his guilty plea.

Liquidators for companies in the Dyldam Group have won an extension until early 2027 for further investigation of the defunct developer.