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The judgment in ASIC's case against Star's top executives and directors sounds a warning that board members need to proactively test information and serves as a "stark reminder" to general counsel that their duties are owed to the company, not management, experts tell Lawyerly.
Construction PRO
Lendlease CEO Tony Lombardo will make the jump to Frasers Property, where he will serve as group CEO in the company's Singapore office.
An upcoming trial in a case over a Victorian Liberal Party-linked company's decision to give former party leader John Pesutto a $1.5 million loan to help him avoid bankruptcy has been vacated.
A former TechnologyOne executive is on the hook for costs in his failed dismissal case after maintaining an unreasonably expansive list of claims and rejecting a $2.2 milllion settlement offer, a judge has ruled.
Chambers Russell has snagged one of Shine's class action heads to establish a new practice area for the commercial law firm.
Lander & Rogers has hired a disputes lawyer from Herbert Smith Freehills Kramer to join its Brisbane-based commercial disputes practice as a partner.
Human rights and press freedom activists want to intervene in a High Court case over copyright ownership in abattoir footage obtained by trespass, saying the broader public interest might be affected by the case.
MinterEllison has expanded its private capital team, hiring two leveraged finance specialists from Gilbert + Tobin.
White & Case has lured a partner from King & Wood Mallesons with more than 20 years of experience working on private equity and mergers and acquisitions.
Latitude Group says it will defend a "fundamentally flawed" class action over an allegedly misleading interest-free ad promotion by Harvey Norman that required customers to apply for a Latitude GO credit card.