A judge has quashed a statutory demand by K&L Gates seeking $745,000 in fees from a former client, saying the law firm’s alleged debt included amounts owing its US counterpart, in currency converted to Australian dollars who knows when.
A judge has rejected Aussie Broadband’s bid to restrain internet service provider Superloop from acting on a sell order issued last month, calling the argument that Superloop issued the order for an improper purpose “a very weak” one.
Global firm K&L Gates has snagged two new partners for its corporate group from Holding Redlich, deepening its M&A and capital markets offering.
Former Bellamy’s Australia director Jan Cameron has been fined $8,000 after being found guilty of two counts of breaching the Corporations Act for failing to disclose her stake in the baby formula company.
The owner of realestate.com.au has dropped its plan to acquire a national forms platform used by real estate agents, after the Australian Competition and Consumer Commission commenced a review of the deal off its own bat and raised competition concerns.
A former HWL Ebsworth capital partner alleging he was unlawfully expelled and excluded from a planned float on the ASX has argued HWLE’s late managing partner, Juan Martinez, thought the firm could “hire and fire at will” without giving proper reasons.
The Australian Securities and Investments Commission has won an interim travel ban against the CEO of software company Dubber Corporation and its external solicitor in Melbourne, with the regulator saying it suspects misuse of term deposit funds.
Investors in an apartment development in Melbourne have brought a class action against the responsible managers for two managed investment schemes, alleging their funds were misused.
A judge has rejected sweeping suppression orders sought by the founders of vitamin giant Nature’s Care over documents in a $200 million tax debt stoush with the Deputy Commissioner of Taxation, instead making limited suppression orders in light of the “serious” allegations made in the case.
Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a “contested takeover battle” between the companies.