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Liquidators of Sargon Capital are pursuing a claim for $4 million against super trustee firm Diversa and are investigating potential insolvent trading claims against the collapsed fintech’s directors.
$50M settlement approved in NT Stolen Generation class action
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A judge has approved a $50.45 million settlement in a class action by family members and deceased estates of the Northern Territory Stolen Generations. He has also approved a 13 per cent funding commission by way of a common fund order, saying debates about CFOs had become “lost in the label”.
Judge says liquidator can be paid ahead of preferred creditors
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In a novel decision, a judge has found that a liquidator is entitled to claim his “arguably disproportionate” costs ahead of the preferred claims of company employees.
Bruce Lehrmann case ‘beset by tension’ between police, DPP, inquiry told
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The relationship between police and prosecutors involved in the criminal case against accused rapist Bruce Lehrmann was “beset by tension” from the outset, an inquiry has heard.
IPH says hacker downloaded data on Spruson & Ferguson clients
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Intellectual property group IPH has revealed that a limited set of data originating from Spruson & Ferguson’s systems, including client information, was downloaded by an unauthorised third party in last month’s cyber attack.
Vittoria can’t transfer IP spat over Moccona instant coffee jar
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Coffee brand Vittoria can’t transfer a case over the trade mark for rival Moccona’s instant coffee jar from one Federal Court registry to another, with a judge reminding the company that the court was “well into the 21st century” and could livestream hearings without the need for interstate travel.
Goldsky director pleads guilty to dishonest conduct charges
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The director of collapsed Kingscliff-based hedge fund Goldsky has pleaded guilty to five charges of dishonest conduct.
In loss for Haymarket builder, appeals court says new defect claims not new cause of action
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The builder of an allegedly defective Haymarket apartment building has lost an appeal of a decision which found that separate breaches of statutory building warranties do not create individual causes of action.
Holding Redlich expands property practice with partner from KHQ
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Law firm Holding Redlich has lured commercial property law expert Dinh Ptok to join its growing property, planning and development group.
KordaMentha partners fight examination over Arrium administration
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The Australian Securities and Investments Commission is fighting a challenge by three KordaMentha partners to the regulator’s decision to allow insurer Atradius to subject them to public examination over their administration of failed steel giant Arrium.