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Clayton Utz snags practice group head from Baker McKenzie
Business of Law 2024-03-15 10:54 pm By Christine Caulfield

Clayton Utz has snagged a big fish from Baker McKenzie, luring the head of the US firm’s restructuring and insolvency practice group. Maria O’Brien joins […]

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High Court to hear KPMG’s class action transfer fight
High Court 2024-03-08 2:21 pm By Christine Caulfield

KPMG has won its application for the High Court to weigh in on the relevance of a contingency fee order in determining a bid to […]

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Virgin can stay investor class action if funder doesn’t show proof of funds
Class Actions 2024-03-01 9:18 pm By Cindy Cameronne

A judge has ordered a litigation funder bankrolling an investor class action against Virgin Australia to show evidence it can meet a $10 million agreed […]

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Not one email or text: Steller director denies existence of $120M personal guarantee
Construction 2024-03-01 3:23 pm By Sam Matthews

A former director of Melbourne-based developer Steller Developments has denied liquidators’ claims that he agreed to give a $120 million personal guarantee before the company […]

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ASIC wins bankruptcy orders against ‘ASX Wolf’ Tyson Scholz
Financial Services 2024-02-29 5:50 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won sequestration orders against Gold Coast ‘finfluencer’ Tyson Scholz after he failed to pay the regulator’s costs in […]

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ASIC sued by Forex liquidators looking to claw back $20M fine
Restructuring & Insolvency 2024-02-15 5:32 pm By Sam Matthews

In a case believed to be the first of its kind, the liquidators of boiler room trader Forex Capital Trading have sued ASIC, seeking to […]

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Big Un financier admits 3 million share purchase, denies knowledge of stock manipulation
Restructuring & Insolvency 2024-02-07 11:43 pm By Cindy Cameronne

Sydney financier First Class Capital has admitted it acquired three million shares in former market darling Big Un but has denied liquidators’ claims that the […]

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Contingent nature of deal with law firm no excuse for liquidator’s late approval bid: court
Restructuring & Insolvency 2024-01-30 11:28 pm By Cindy Cameronne

A judge has refused to retroactively approve a conditional costs agreement between a liquidator and a Sydney law firm to pursue claims against a former […]

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Ochre liquidator can serve missing directors by email, judge says
Restructuring & Insolvency 2024-01-26 1:46 pm By Sam Matthews

A judge has given a liquidator the green light to use substituted service to serve court documents on two directors of failed iron ore producer […]

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Canberra developers can’t muzzle ASIC over disqualification
Real Estate 2024-01-25 10:24 pm By Cindy Cameronne

Two former directors of a Canberra property development group have lost their bid to bar ASIC from announcing their disqualification, with a tribunal finding this […]

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