ASIC wants KPMG receivers to investigate Sequoia’s sale of Interprac

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Concerned Sequoia Wealth wants to limit liability for claims linked to the $1 billion collapse of the Shield and First Guardian funds, ASIC has asked a court to appoint receivers from KPMG to probe the sale of Interprac Financial Planning.

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Defence firm EOS to pay $4M for continuous disclosure breaches

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A judge has hit Electro Optic Systems with a $4 million penalty after the defence firm admitted to continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts.

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Sacked Victorian garbo who shared explicit material wins compensation

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A Victorian garbage man who admitted to sharing explicit material at work has been awarded compensation after the Fair Work Commission found he was unfairly dismissed.

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Trial in Dexus, APAC clash puts the lawyers in the hot seat

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The court battle between APAC and major shareholder Dexus over the sale of an investor’s stake in the airport operator went to a hearing this week, but it’s the solicitors representing the warring parties that found themselves on trial.

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Dexus GC denies being ‘careless’ with APAC info, points to junior lawyer

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A senior in-house lawyer at Dexus has rejected suggestions she was “careless” in her role in the sale of shares in Melbourne Airport operator APAC, saying she relied on a subordinate lawyer and others within the business. 

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High Court to weigh rights of long use in spat between prominent Sorrento neighbours

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The High Court has agreed to review a ruling that upheld an easement of prescription — or right of long use — in a fight between a member of the prominent Valmorbida family and an entity linked to the founder of collapsed construction group Steller over access to a Sorrento property.

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JLL accused of ostracizing HR head in fallout from harassment probe

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The former Australian head of HR at Jones Lang LaSalle claims she was ostracized and unfairly sacked in the wake of a harassment investigation into a senior manager, which sparked a media frenzy Australian leadership was allegedly told to “ignore”.

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Dexus execs relied on Mallesons, GC advice over airport share sale, court told

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Lawyers assured two Dexus executives that it was OK to share the confidential information of Melbourne Airport operator APAC with proposed purchasers of the real estate asset manager’s stake in the company, a court has heard.

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