A major Aboriginal corporation has launched two new ventures to help other Aboriginal groups in legal disputes after securing a $125 million compensation payout from Rio Tinto.
A dispute over Raine Square has returned to court, with Commonwealth Bank launching legal action against Luke Saraceni-directed company's financier for more than $30 million.
Our board moves wrap includes Robert Mosig, Victor Hoo, Gareth Lloyd, Francis De Souza, Clarke Barlow, Chris Ntoumenopoulos, Linda Friedland, Chris Huish, Ben Laurance, Wayne Zekulich, and Robert Milbourne.
Our board moves wrap includes Marene Ter, Jonathan Colvile, Leo Horn, David Deloub, Rajen Manicka, Walter Joseph, Michael Green, and Christine Charles.
Omni Bridgeway chief executive and managing director Andrew Saker is stepping down after eight years at the helm of the ASX-listed litigation funding business.
One-time market darling AVZ Minerals has been hit with a major regulatory setback, just weeks after the launch of a shareholder class action against the aspiring lithium miner.
Corporate adviser John Poynton and lawyers Aaron McDonald and Tim Hammond have teamed up to establish a dispute funding business targeting the Perth market.
Gold miner Saracen Mineral Holdings has been added to the S&P/ASX 100 stock index, reflecting strong growth in the company's market value this year, while Seven West Media's steep slide has see
The biggest player in Australia's litigation funding market has supported new licensing rules proposed by the federal government while also pushing for the new requirements to be extended to law firms.
Our board moves wrap includes Julie Elliott, Robert Hines, James Sullivan, John Morrison, Victor Rajasooriar, Adrian Paul, Brian Talbot, Raymond van Hulst, Simon Whybrow, and Stephen Jones.
Julian Wright has commenced legal action in the Supreme Court, claiming he was defrauded when he sold his share of the family company to his siblings, 'rich listers' Angela Bennett and the late Michael Wright.
A quarterly rebalancing of S&P/ASX indices has resulted in South32 being relegated from the top 20 index, and Galaxy Resources being dropped from the top 200 index.
IMF Bentham has struck an agreement to acquire Omni Bridgeway for up to €87.5 million ($A141 million), which will be a tie-up of two of the biggest players in the litigation funding industry.
Litigation funder IMF Bentham has announced plans to raise up to $84.5 million to establish two new funds and pursue growth opportunities in Europe and Asia.
The private investors in sandalwood business Santanol Group, led by Tony Jack and Bob Bunning, have gained backing from litigation funder IMF Bentham for their fight against private equity group KKR.
Federal Court proceedings have been issued in the shareholder class action against Commonwealth Bank of Australia, which is being funded by Perth-based IMF Bentham.
IMF Bentham has confirmed it will fund a Federal Court open class action against the Commonwealth Bank relating to allegations the lender breached anti-money laundering and counter-terrorism funding laws.
Retail giant Woolworths could face a $100 million shareholder class action for allegedly failing to properly inform investors it would not meet its profit growth forecasts in the 2014-15 financial year.
Litigation funder IMF Bentham has announced it will fund a shareholder class action against former directors of collapsed miner Kagara, which went into administration in 2012.
SPECIAL REPORT: The number of hostile takeover bids confronting Australian companies may be relatively low, but disruption from sources such as activist groups and shareholder class actions is a growing challenge for directors.
Creditors of failed investment bank Lehman Brothers (Australia), including about 10 local councils in Western Australia, are likely to get a return of about 80 cents in the dollar after reaching a settlement with the owner of ratings agency Standard & Poor's.
The liquidators of failed engineering contractor Forge Group have gained financial backing to pursue a claim worth about $200 million against Forge's former major shareholder.
SPECIAL REPORT: Newly appointed chief executives in Western Australia are mostly receiving lower salaries than their predecessors, but retaining plenty of upside through incentive schemes, a survey of nearly 40 new CEO pay packages has found.
The state government will introduce legislation into parliament tomorrow designed to finalise the long-running Bell Group legal case, in which the Insurance Commission of WA and other creditors are fighting over a $1.7 billion payout.
Rob Ferguson has resigned as chairman of litigation funder IMF Bentham after failing in a push for the company's three executive directors, including founder Hugh McLernon, to retire from the board.
Litigation funder Bentham IMF has recruited Ferrier Hodgson partner Andrew Saker as its new managing director, to replace company founder Hugh McLernon.
Investors in collapsed engineering contractor Forge Group have been dealt more bad news, with the company's liquidators declaring shareholders' stock holdings are now worthless.
Litigation funder Bentham IMF and law firm Slater & Gordon will pursue a potential class action against failed engineering contractor Forge Group amid allegations of misleading and deceptive conduct by the company.
Property developer Luke Saraceni and his business partner Hossean Pourzand have struck a funding deal with IMF (Australia) to support their legal action over the Raine Square development.
