Costs

Babcock liquidator’s patience dissipates

Deloitte’s David Lombe. Late last year Deloitte special principal David Lombe won yet another legal action involving Bookarelli, the obscure litigation funder that for years has induced punters to assign their rights as shareholders of Babcock & Brown Limited (B&B) so it can run cases based on allegations including that B&B failed to disclose material information to the Australian Securities Exchange (ASX) at . ….

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Dalma DAs reach winding up the hard way

Jones Partners principal Bruce Gleeson. Helm Advisory managing director Stephen Hathway.By an expensive and torturous route, the insolvency practitioners in control of Dalma Form Specialist Pty Ltd (DFS) have gotten to where they’ve said they wanted to be all along, which is as Liquidators appointed.The desired destination was reached on Wednesday when Federal Court judge Justice Brigitte Markovic ordered that the Deed of Company Arrangement…