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The auditors of self-managed superannuation funds that clients of Melissa Caddick invested with the Sydney fraudster and her company Maliver have hit back at class action claims, saying the clients have themselves to blame for handing over “direct control” of their funds.
A court has imposed an interim injunction on a former Samsung Electronics business manager, restraining him from taking a similar role with rival Electrolux until a case alleging breach of post-employment restraints is heard.
Baker McKenzie has been dragged into a court case brought by a shareholder and creditor of failed energy company Armour Group, which alleges the law firm was knowingly involved in a plan by China-based Shunkang Group to take control of the company for cheap.
The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion “ethically conscious” hedge fund.
Hall & Wilcox has recruited a mergers and acquisitions lawyer with cross-border expertise from EY to bolster its corporate practice in Sydney.
A former talent count for global CEO advisory firm Teneo has resolved a lawsuit against her former employer alleging she endured 16-hour workdays and was exposed to a toxic, male-dominated work culture.
Former Dick Smith CFO Michael Potts is on the hook for paying $57 million in damages to National Australia Bank after the High Court on Wednesday revoked its grant of special leave, finding he did not raise a legal question of public importance.
The Australian arm of global CEO advisory firm Teneo has rejected claims in a lawsuit by the former head of the company's APAC talent advisory division that it forced her to work unreasonable hours and says it fired her for "serious and wilful" misconduct.
Twenty-four former clients of Melissa Caddick who were defrauded out $24.5 million have filed a class action against the auditors of the self-managed superannuation funds they used to invest their retirement savings with the Sydney fraudster.
Two cosmetic surgeons have filed defamation suits seeking aggravated damages over coverage by the ABC and Fairfax that allegedly painted them as “outlaw surgeons” who mutilated a patient and exploited the Medicare system.