Litigation

Familiar old foes behind new HIH claim

Tony McGrath. Jason Preston. If nothing else the last few months have shown that there’s still enough cash left in HIH to attract those adept at throttling a profit from a corporate corpse. This week iNO listened as lawyers for class action plaintiffs came before NSW Supreme Court judge Ashley Black to progress a new claim against HIH for misleading and deceptive conduct. The shareholder…

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Kordas resisting shareholder move on Arrium boss

Squire Patton Boggs’ Amanda Banton. An interesting stoush has broken out between Arrium deed administrators (DAs) KordaMentha and Arrium shareholders seeking to publicly examine former director Colin Galbraith. Back in May a Registrar of the NSW Supreme Court issued an examination summons to Galbraith on the application of two shareholders represented by Amanda Banton from Squire Patton Boggs (SPB). Banton’s involvement indicates there’s likely a…