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Spain to claim sovereign immunity in suit over $392M arbitration award
Arbitration June 13, 2019 7:57 pm By Miklos Bolza

The Kingdom of Spain is contesting attempts to enforce two arbitration awards worth $392 million in the Federal Court, claiming sovereign immunity as it attempts […]

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KPMG settles lawsuits by Equititrust liquidators accusing accounting firm of negligence
Restructuring & Insolvency May 28, 2019 3:54 pm By Miklos Bolza

The liquidators of Gold Coast fund manager Equititrust are seeking court approval of a confidential settlement of two proceedings brought against KPMG for allegedly failing […]

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“I’d be happy to mediate it myself”: Judge cheers talks in Fitch class action
Class Actions May 23, 2019 7:52 pm By Miklos Bolza

Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt […]

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Judge signs off on $30M settlement in liquidator’s LM Investment case
Restructuring & Insolvency May 23, 2019 3:16 pm By Christine Caulfield

A Queensland Supreme Court judge has given the green light for a $30 million settlement of a liquidator’s case against failed financial services firm LM […]

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Class action applicant can’t bring ‘shambolic’ case over side deal with funder
Class Actions May 22, 2019 9:23 pm By Amelia Birnie

One of two lead applicants in the settled Arasor shareholder class action has been denied leave to be heard over its $1 million personal expenses […]

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High Court to clarify meaning of ‘officer’ under Corporations Act
Appeals May 21, 2019 2:46 pm By Cat Fredenburgh

The High Court has granted ASIC special leave to appeal a judgment that let a former director of Gold Coast finance company MFS Group partially […]

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Trial in Fitch Ratings class action delayed a second time
Class Actions May 13, 2019 10:43 pm By Cat Fredenburgh

A battle over expert evidence in an invester class action against Fitch Ratings has delayed this month’s scheduled trial in the case by three months […]

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Judge shoots down ASIC’s ‘amorphous’ request for inquiry into liquidators
Restructuring & Insolvency May 10, 2019 3:24 pm By Miklos Bolza

A judge has dismissed an application by the Australian Securities and Investments Commission to investigate two Sydney-based liquidators, saying the regulator had failed to prove […]

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High Court refuses special leave to losing GetSwift class action
Appeals April 18, 2019 10:48 am By Christine Caulfield

The battle over competing shareholder class actions against logistics tech company GetSwift is over, with the High Court rejecting a bid by one of the […]

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Fight over funder’s ‘secret’ side deal in Arasor class action continues
Business of Law April 5, 2019 8:54 pm By Cat Fredenburgh

A judge has scheduled a two-day hearing to hear a dispute between investment group¬†Caason Investments, a lead applicant in a shareholder class action against defunct […]

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