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A judge has ordered KPMG to turn over its complete audit files for CuDeco in a shareholder class action against the defunct mining company's former company directors and the accounting firm over allegedly misleading statements about the value of ore reserves at CuDeco's Rocklands mines in Queensland.
A judge has found that penalty privilege cannot be used to avoid the production of books under the Corporation Act.
A barrister is taking a dispute over his $320,000 bill to the High Court, but a judge has cast doubt on the appeal’s prospects of success.
The judge overseeing the receivership of Melissa Caddick’s estate has pushed off a dispute about a collection of sneakers held by the deceased fraudster’s teenaged son, including one pair that could be worth up to $12,000.
Global firm White & Case has recruited two senior lawyers from Clayton Utz to head up its newly established financial insolvency practice in Australia.
A judge has found that a case brought by the liquidators of investment firm Linchpin Capital against auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly misused investor money has legs.
Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company's $2.8 billion collapse.
The liquidators of collapsed Sargon Capital have resolved their unfair preference case against King & Wood Mallesons over $540,000 in fees the law firm was paid for work advising the fintech before it went under.
A judge has rejected a bid by the administrator of a collapsed company to claw back a payment of security for costs made in earlier litigation, which he found did not give rise to a relevant security interest.
Jones Day has recruited White & Case lawyer Kathryn Sutherland-Smith for the firm's business restructuring & reorganization practice in Sydney.