Gilbert + Tobin

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.

Gilbert + Tobin, Holding Redlich, Thomsons and HWL Ebsworth have announced their partner promotions for 2026, with projects and infrastructure among the key practice areas to benefit from this year's appointments.

A financial licensing expert has predicted that cryptocurrency firm Block Earner will have to produce the legal advice that saw it avoid a penalty at first instance, after the High Court found last week that it needed a financial services licence. 

A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.

The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence. 

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.

Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.

A judge has rejected Hall & Wilcox's bid to narrow the terms of the court's inquiry into whether legal advice it provided to defunct construction group Hastie was reasonable, before a costs assessor weighs in on the firm's $18.6 million legal bill. 

Norton Rose Fulbright has advised North Queensland Airports, the owner of Cairns Airport and Mackay Airport, on the $1.085 billion refinancing of its corporate bank debt financing.

Engineering firm Clough Projects Australia has lost its challenge to a judge's decision that stayed a $55 million cross-claim against former EnergyConnect joint venture partner Elecnor but kept Elecnor's case alive.