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Fairfax settles defamation suit by vindicated ex-Leighton CFO Peter Gregg
Appeals 2021-04-07 4:29 pm By Cat Fredenburgh Melbourne

Fairfax has settled long-running defamation proceedings brought by former Leighton Holdings CFO Peter Gregg over 11 articles that accused him of corruption, after he won an appeal last year overturning his conviction on related criminal charges.

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‘Nothing the Crown does will satisfy these nine accused’: Prosecution defends ANZ cartel indictment
ACCC 2021-04-01 9:56 pm By Cindy Cameronne Sydney

The prosecution in a criminal cartel case against several banks and high-ranking executives over a $2.5 billion ANZ share placement has fought back against accusations that its indictment is “fundamentally flawed” and should be quashed.

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ASIC will ask to have Melissa Caddick charges dropped
ASIC 2021-03-29 4:28 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission will seek to drop all charges which were the subject of an arrest warrant against accused fraudster Melissa Caddick, after her remains were found on the NSW South Coast in February.

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Corrs Chambers hired to assist royal commission into Crown Resorts
Class Actions 2021-03-29 3:00 pm By Cat Fredenburgh Melbourne

Corrs Chambers Westgarth will assist former Federal Court judge Ray Finkelstein QC’s royal commission into whether Crown Melbourne is suitable to hold a casino licence in the state, and has kicked off by seeking documents from James Packer’s Consolidated Press Holdings.

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Remains of accused con artist Melissa Caddick found on NSW South Coast
ASIC 2021-02-26 9:38 am By Christine Caulfield Melbourne

Police have identified human remains found on a beach on the NSW South Coast as Sydney businesswoman Melissa Caddick, who has not been seen since November.

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Accused fraudster Melissa Caddick spent every cent of investors’ money, liquidator says
ASIC 2021-02-24 10:56 pm By Christine Caulfield Melbourne

Missing Sydney businesswomen Melissa Caddick was “meticulous and systematic” in generating fake financial records but never made a single investment, pocketing tens of millions of dollars from unwitting family and friends, liquidators say.

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Herbert Smith Freehills advice to Horizon Oil protected by privilege, judge rules
AUSTRAC 2021-02-24 4:58 pm By Cindy Cameronne Sydney

Horizon Oil has won its bid to shield Herbert Smith Freehills documents advising the company did not breach foreign bribery laws from being revealed in a defamation lawsuit brought against Fairfax Media by a Papua New Guinea government Minister.

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Individuals who blow the whistle on misconduct to get immunity under new ASIC policy
ASIC 2021-02-24 1:58 pm By Cat Fredenburgh Melbourne

Legal experts say a new policy unveiled by ASIC allowing individuals involved in serious violations of the Corporations Act to seek immunity in exchange for blowing the whistle on their co-conspirators will go a long way towards helping the regulator uncover “hidden and secretive” misconduct.

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Former Leighton exec faces new foreign bribery charge
Cimic 2021-02-23 3:43 pm By Cindy Cameronne Sydney

A former director of a Leighton Holdings subsidiary has been hit with a third foreign bribery charge after a six-year AFP investigation found bribes were paid to Tanzanian public officials to secure a mooring replacement contract worth $US66.48 million. 

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Victoria launches royal commission into Crown Resorts
AUSTRAC 2021-02-22 9:19 pm By Cat Fredenburgh Melbourne

A royal commission has been established in Victoria to look into whether Crown Melbourne is suitable to hold a casino licence in the state, following a damning report from the NSW gaming authority.

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