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K&L Gates lures real estate partner from Arnold Bloch Leibler
K&L Gates has snagged a partner from Arnold Bloch Leibler to bolster the real estate practice in its fast-growing Sydney office.
Slater & Gordon to end run on ASX with Allegro Funds buyout
Slater & Gordon is poised to go private in an off-market takeover by Allegro Funds valuing the company at 55 cents per share, 16 years after it became the first law firm to list on the ASX, reaching a peak valuation of $2.8 billion.
Full Court urged to toss ASIC’s ‘fatal’ appeal in CBA conflicted remuneration case
The Commonwealth Bank of Australia has urged the Full Court to toss ASIC's challenge to a decision dismissing its conflicted remuneration case over the bank’s sale of its Essential Super product, saying the appeal suffered from “fatal” flaws.
Judge won’t stay crypto class action against Qoin issuer
A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.
Hall & Wilcox poaches finance partner from Baker McKenzie
Hall & Wilcox has lured a Baker & McKenzie veteran and renewables specialist to lead its Sydney finance practice.
Pitcher Partners loses bid to stay suit over Zap Fitness buy-back
Pitcher Partners has failed to stay a Federal Court suit alleging the accounting firm failed to properly advise former Zap Fitness owner Bective Enterprises on a troubled share buy-back scheme, in light of a Supreme Court bid by another key player to shut the case down.
Vannin Capital wins $44.5M judgment against Clive Palmer companies
Clive Palmer's Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.
Nuix ex-CEO loses $180M case over options agreement
Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.
Pinsent Masons recruits corporate partner from DLA Piper
Bolstering its corporate team in Australia, multinational law firm Pinsent Masons has nabbed a cross-border M&A specialist from DLA Piper.
Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
The ACCC's rejection of a regional network arrangement between Telstra and TPG was "confusing" and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator's decision.