The Victorian Supreme Court is fast becoming the jurisdiction of choice for class actions. On 18 November 2022, Justices Gageler, Gleeson and Jagot of the High Court of Australia refused the Removal Application from KPMG. We will see if KPMG seeks a Transfer Application.
The implications of a mid-February judgment from the High Court of Australia could be significant for litigators, including “clear” opportunities for class action promoters, argues one award-nomin
High Court of Australia handed down its decision in a long-running dispute concerning former ASX listed Arrium Limited Arrium. The judgment provides clarity on the purposes for which an Australian Securities and Investments Commission ASIC.
High Court of Australia handed down its decision in a long-running dispute concerning former ASX listed Arrium Limited Arrium. The judgment provides clarity on the purposes for which an Australian Securities and Investments Commission ASIC.
Arrium âbled cashâ: lenders kick off legal battle
Save
Share
The lawyer representing a group of lenders against former Arrium Limited treasury workers says the collapsed steelmaker should have been put into administration four months earlier, that it âbled cashâ and shouldnât have continued to use its loan facilities.
Tony Bannon, SC, who is representing private equity firm Anchorage Capital Group, Commonwealth Bank and Deutsche Bank and global investment firm Davidson Kempner, kicked off Mondayâs legal proceedings by making the group of lendersâ case for misleading and deceptive conduct regarding the draw loan and rollover of loans by Arrium group employees.