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ASIC suffers significant loss in ‘illegal phoenix’ case against liquidator
Restructuring & Insolvency 2023-08-18 11:32 pm By Christine Caulfield

The corporate regulator has failed in its case targeting an individual insolvency practitioner for alleged illegal phoenix activity. Federal Court Justice Brigitte Markovic dismissed ASIC’s […]

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Dixon Advisory class action loses novel bid for docs to use in mediation
Class Actions 2023-08-14 10:46 pm By Cindy Cameronne

A judge has refused a lead applicant’s novel bid for financial information to use at settlement discussions in a group proceeding against Dixon Advisory. In […]

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In ‘significant’ ruling, CuDeco class action wins access to full KPMG audit report
Class Actions 2023-08-11 12:39 pm By Sam Matthews

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 […]

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Penalty privilege can’t be used to dodge production of books
Restructuring & Insolvency 2023-08-10 12:49 am By Sam Matthews

A judge has found that penalty privilege cannot be used to avoid the production of books under the Corporation Act. Examinee Rowan Lyndon, co-founder of […]

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Dispute over barrister’s fee estimates goes to High Court
Business of Law 2023-08-09 10:00 pm By Sam Matthews

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 […]

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Judge pushes off dispute over Melissa Caddick’s $12,000 Dior sneakers
Restructuring & Insolvency 2023-08-02 10:40 pm By Sam Matthews

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 […]

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White & Case nabs head of Clayton Utz’s insolvency group
Business of Law 2023-07-31 8:22 pm By Sam Matthews

Global firm White & Case has recruited two senior lawyers from Clayton Utz to head up its newly established financial insolvency practice in Australia. Timothy […]

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Linchpin liquidators have case against Grant Thornton, Moore Stephens: judge
Restructuring & Insolvency 2023-07-26 11:26 pm By Cat Fredenburgh

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 […]

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Arrium lenders file High Court challenge over directors’ loan drawdowns
Restructuring & Insolvency 2023-07-25 3:58 pm By Cindy Cameronne

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 […]

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Sargon liquidators resolve $540,000 case against King & Wood Mallesons
Restructuring & Insolvency 2023-07-24 11:21 pm By Christine Caulfield

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 […]

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