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AIG loses bid for docs despite privilege waiver over barristers’ advice
AIG can't force investment firm Sayers to hand over communications over which it claimed legal professional privilege, with a judge rejecting the argument that Sayers could not “cherry pick” which advice it disclosed after waiving privilege over advice given by two barristers in 2017 and 2019.
Law firm accused of giving bad tax advice on $3B Wyndham Vale development
Melbourne farmers-turned-developers the Bozzo family have sued a national law firm for allegedly giving bad tax advice on the $3 billion Wyndham Vale development in Melbourne's west, situated on 482 hectares of land the family purchased in 1994.
UDP wins $25M from insurers over doomed 5 Star Foods deal
Hong Kong-based UDP was entitled to $25 million from its insurers after losing more than $30 million from its disastrous acquisition of dairy conglomerate 5 Star Foods, which had been secretly overcharging one of its biggest customers, food giant Lion Nathan Group.