Developer Villawood wants to add its director’s three daughters to its case over an alleged “dishonest and fraudulent design” to divert valuable management fees for a project in Wallan, Victoria to the director’s family company.
The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group’s CEO sling allegations of misconduct and dishonesty.
A judge has found there is a genuine dispute over an agreement for the recommissioning of Australian Pacific Coal’s Dartbrook coal mine in the Hunter Valley and refused to toss a suit alleging its ex-CEO breached her duty by entering into the agreement.
Private equity firm Goldstone has lost its bid to disqualify a judge from a damages hearing after he found it liable for shareholder oppression of its managing director.
ASIC wants an injunction against a financial adviser whose “honey pot” marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds.
Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine.
Commercial real estate firm JLL has been sued by two sacked executives who say their reputations were tarred by “highly misleading” statements about an investigation into misconduct at the firm.
Lander & Rogers has recruited a contracting specialist from Clayton Utz for the law firm’s corporate practice in Canberra.
Looking to continue its hot streak of successful anti-greenwashing cases, the corporate regulator has taken Fiducian Investment Management to court over allegedly misleading representations about its ESG fund.
Baker McKenzie has appointed a new special counsel to join the law firm’s private equity practice group in its Sydney office.