Lawyers

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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Callide VAs’ insistence on urgency unjustified

FTI Consulting’s John Park.FTI Consulting’s Ben Campbell.An insistence on the need for urgency has been exposed as balderdash by a Federal Court judge who’s lamented how the administrators of the Callide energy generation group could have been so poorly advised by some of the finest lawyers in the land.“The submissions made on behalf of the administrators and CEPL appeared to conflict in several significant respects…