Cornwalls

A group of former Brighton Secondary College students have launched a representative proceeding against the State of Victoria and the school's former principal for his failure to address a "high level" of antisemitic bullying.

An investment company which retained Hall & Wilcox to advise on the sale of a Mornington Peninsula shopping centre has sued the law firm for millions, alleging due diligence failures in relation to asbestos at the property. 

A former Cornwalls client has brought proceedings over a $486,000 legal bill, claiming the law firm failed to provide updated costs estimates and did not disclose counsel rates while acting in a tribunal matter against a builder. 

Two Shaw & Partners advisers who won $580,000 in penalties and compensation against former employer Fortrend Securities face fresh litigation seeking to quash their demands for payment.

Fortrend Securites is challenging a judge's ruling that it owes $580,000 in penalties and compensation for withholding the bonuses of two departing advisors, its second appeal in their bitter dispute.

A judge has ordered Fortrend Securities to pay $181,000 in penalties after finding it unlawfully withheld the bonuses of two financial advisers who jumped ship to rival Shaw & Partners, saying the lower penalties were appropriate despite "not a word of contrition”. 

Keybridge CEO Nick Bolton has won a stay of orders ending the company's administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.

After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company's administration after it provided a letter of comfort and offer to fund its debts.

A judge has found that three directors at ASX-listed investment firm Keybridge Capital were validly removed and replaced at a meeting last month. 

Fortrend Securities has appealed a finding that it breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners.