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ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.
Mayne Pharma has launched a bid for a $13.6 million gross sum costs order against US drug maker Cosette, after winning one of numerous legal challenges over the termination of a $672 million merger agreement.
NAB super fund trustee NULIS Nominees had no power to continue charging members for $165 million in fees to pay adviser commission after conflicted remuneration was banned in 2016, an appeals court has heard.
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King & Wood Mallesons has advised Wollemi Capital on a blended finance facility provided by not-for-profit Transition Accelerator for a carbon credit reforestation project in Western Australia.
Lander & Rogers has hired a disputes lawyer from Herbert Smith Freehills Kramer to join its Brisbane-based commercial disputes practice as a partner.
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.
MinterEllison has expanded its private capital team, hiring two leveraged finance specialists from Gilbert + Tobin.
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.