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Banksia class action judge to OK settlements with former silk, cost consultant
A judge has indicated he will approve settlements totalling $2.7 million reached with disgraced senior barrister Norman O'Bryan and a cost consultant retained by the legal team behind the Banksia class action fraud.
Judge signals approval of class action settlement with Linchpin directors
A settlement with directors in an investor class action brought over the collapse of advisory firm Linchpin Capital is in the interests of group members, a judge has said.
Class action against KPMG, CuDeco directors wants insurance docs to avoid ‘train wreck’
A shareholder class action against KPMG and the directors of defunct mining company CuDeco is seeking insurance information and a limited number of documents from the directors ahead of mediation, to avoid a "train wreck" of a case, a court has heard.
Big Un’s CFO charged with insider trading in latest action over failed company
The former chief financial officer of Big Un has become the third person to be charged with insider trading connected to shares in the defunct video producer.
Parents of fraudster Melissa Caddick paid $1M to vacate Edgecliff property
The parents of deceased fraudster Melissa Caddick will take $950,000 to move out of a multi-million dollar property in Sydney’s East, which will now be sold by receivers.
Virgin class action wants DOCA indemnity clause amended to reflect ‘what creditors were told’
A class action of bond holders accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a capital raising wants a contentious indemnity clause in the airline's DOCA narrowed, in proceedings a judge has said “increasingly resemble a farce".
In battle of Spitfire creditors, appeals court provides clarity on R&D refunds
A private investment fund has won its claim as a secured creditor over $2 million in research and development tax refunds that a court previously found should go to employees in a fight over funds remaining following the collapse of fintech Spitfire Corporation. 
Banton Group snags two ‘hardcore litigators’ to power overseas expansion
Boutique litigation firm Banton Group has hired Laura Keily and Ryan McCrosson as name partners, as as the firm eyes expansion into the US, UK and Cayman markets.
Trial vacated in class action against Deloitte over Hastie audits
Trial in a protracted class action against Deloitte over the collapse of construction group Hastie has been abandoned, signalling a settlement is in the works.
King & Wood Mallesons ignored Sargon liquidators’ demand for $540,000, court told
A lawsuit by the liquidators of Sargon Capital alleges law firm King & Wood Mallesons “refused or neglected” a demand to return over $540,000 in alleged unfair preference payments and should have known the fintech was insolvent when the payments were made.