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Businesses should brace for roll-on effects of COVID-19, says insolvency expert
Restructuring & Insolvency 2024-01-23 11:30 pm By Cindy Cameronne

COVID-19 lockdowns may have ended years ago but the impacts on small businesses are only now being seen, with larger companies likely to suffer a […]

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Insurers dragged into PwC class action over $50M bond prospectus
Class Actions 2024-01-12 2:55 pm By Sam Matthews

Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won […]

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Linchpin Capital directors hit with $390,000 in penalties
Financial Services 2024-01-10 10:05 pm By Sam Matthews

Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge […]

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Grocon’s back-atcha argument on privilege fails in Barangaroo spat with Infrastructure NSW
Construction 2023-12-14 4:24 pm By Sam Matthews

Grocon has lost yet another argument over documents in its lawsuit against Infrastructure NSW over a stalled $2 billion Central Barangaroo development project, with a […]

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Dick Smith CFO stuck with $57M judgment after High Court revokes special leave
Appeals 2023-12-06 4:54 pm By Christine Caulfield

Former Dick Smith CFO Michael Potts is on the hook for paying $57 million in damages to National Australia Bank after the High Court on […]

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PwC class action by Axsesstoday bondholders wants to add insurer, 3 years in
Class Actions 2023-12-04 11:29 pm By Christine Caulfield

More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant […]

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Gilbert + Tobin bolsters restructuring practice with Clayton Utz partner hire
Restructuring & Insolvency 2023-12-04 11:55 pm By Christine Caulfield

Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm’s leading restructuring and insolvency team, strengthening the practice to […]

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Solicitors’ CFO question in Blue Sky class action sent to Full Court
Class Actions 2023-11-29 11:38 pm By Christine Caulfield

Weeks after giving the thumbs up to common fund orders at settlement, the Full Federal Court has been asked to decide whether judges have power […]

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ASIC dodges indemnity costs for ‘unreasonable’ rejection of settlement in case against liquidator
Restructuring & Insolvency 2023-11-23 9:21 pm By Cat Fredenburgh

ASIC has escaped an individual insolvency practitioner’s bid for indemnity costs in its failed case alleging illegal phoenix activity, with a judge finding the regulator […]

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High Court steers clear of Spitfire creditors’ fight over R&D tax refunds
Restructuring & Insolvency 2023-11-21 11:01 pm By Christine Caulfield

The High Court has denied special leave to the Commonwealth on behalf of employees of collapsed fintech Spitfire in a battle over $2 million in […]

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