Litigation

Court to scrutinise fees after reality trounces estimate

Marcus Watters of Hall Chadwick. Spurned creditor, irate director, frustrated shareholder and jilted buyer makes for a potent shot of resentment, particularly when distilled into a single individual but this is the draught three Hall Chadwick partners may have to swallow after proceedings were commenced in the Supreme Court of Queensland challenging their wildly underestimated fees. Preparation of this witch’s brouhaha began shortly after Hall…

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Keybridge VA was a creditor until January

Lowe Lippmann partner Gideon Rathner.Being hit with a claim on your indemnity just three days into a job might be some kind of record but Melbourne liquidator Gideon Rathner knew what he was getting into when he consented to being appointed administrator of ASX-listed Keybridge Capital Limited (KBC) last Sunday.“Rather than pursue the Low Lippmann Claim, I relied upon an irrevocable authority previously provided by…