Corporate

Lander & Rogers has hired a disputes lawyer from Herbert Smith Freehills Kramer to join its Brisbane-based commercial disputes practice as a partner. 

MinterEllison has expanded its private capital team, hiring two leveraged finance specialists from Gilbert + Tobin.

ASIC has filed proceedings against Auto & General, alleging tens of thousands of Budget Direct customers lost discounts they were promised and were overcharged premiums for several years.

AMP super members are set to receive $60 million in a class action stemming from the banking royal commission, with the average payout being under $100, a judge has heard. 

White & Case has lured a partner from King & Wood Mallesons with more than 20 years of experience working on private equity and mergers and acquisitions. 

A judge has thrown out a class action led by the father of famed mining investor Nathan Tinkler over claims ASX-listed Whitehaven Coal failed to fulfil an implied term of a $150 million share subscription. 

The daughter of a Villawood director accused of a fraudulent design to divert valuable management fees for a development in Victoria has invoked her privilege against self-incrimination over the developer’s concerns that she may have destroyed evidence. 

Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.

IG Energy’s former subsidiary has made a claim on a $3.5 million surplus from the administration of IG’s interest in the Callide Power Station in Queensland. 

The former CEO of beverage company Nudie and his wife can't escape a liquidator’s case that seeks to void clauses of a settlement that released them from breach of duty claims over an alleged fraudulent tax scheme.