Restructuring & Insolvency

Insolvency firm Cor Cordis says its ex-chair’s claims that it "confected" reductions to its work in progress to avoid paying his full retirement entitlements should be struck out.

A solicitor who brought a successful shareholder case 13 years ago against the liquidators of HIH Insurance has lost a long-running dispute with another lawyer over the spoils.

Two bidders are vying to acquire troubled steelmaking facility Whyalla Steelworks in South Australia, beating out more than 70 competitors.

The owners corporation of a 36-unit apartment block in North Sydney that has been locked in a long-running fight with the developers over defects has won $2.5 million after the parties settled on the eve of the trial.

A developer linked to Keystone Asset Management has failed to persuade the Full Federal Court to exempt three family trusts from a $158 million freezing order.

The former executive chairman at regional airline Rex has admitted ASIC’s claims that he misled investors about the company’s position and breached his directors duties and may give evidence for the corporate watchdog, a court has heard. 

A case launched by the directors of the defunct Melbourne Rebels against the club's administrators, which sought to avoid liability for players' PAYG tax, has been discontinued.

Trial has kicked off in the defunct super rugby team Melbourne Rebels' Federal Court fight against Rugby Australia, with the club accusing the league of a "cowardly betrayal".

A court has given Planet Ark Power lender Marketlend the green light to seize eight CATL batteries worth $2 million from the defunct Queensland renewable energy company.

Liquidators for billionaire Sanjeev Gupta’s Tahmoor Coal are planning to bring a case against secured creditor Clydesdale Engineering, challenging its entitlement to be paid out during the liquidation.